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Insecurity: Hotel Business Dying In Imo, As Banks Go After Mgts Over Loans

Insecurity: Hotel Business Dying In Imo, As Banks Go After Mgts Over Loan

Except Imo State Government succeeds in its efforts to restore normalcy in the state, the Hotel businesses which flourishes in Imo would become a thing of the past.

Investigation carried out by Lead revealed that most of the popular Hotel owners and management have cut drastically down the number of their workers following their inabilities to pay back the loans collected from banks caused by low patronage occasioned by insecurity in Imo.

Imo State in the recent times has been on the news over attacks by unknown gunmen and the security agents in the bid to restore peace were said to have killed some innocent persons, an act which crippled night clubs and other activities.

Speaking with Weekend Lead, the owner of one of the Five Star Hotels in Imo appealed with Imo state government to come to their aide, pointing out that some of the banks in the state are after them, demanding for payment of Loans which he said was over-due for payment but following the low patronage of Hotels occasioned by insecurity, the management of Hotels are unable to pay back. 

The said Hotel owner who chose to speak on the guise of anonymity told Lead that at their Union level, the Hospitality Management in Imo had gone to the Imo State Commissioner of Police to interact with him on the best way to improve on the security to enable them revive their businesses which he said is at the comatose state adding that with the state of insecurity in Imo, Hotels hardly have customers as people have boycotted night lives and other social activities.

He decried how Imo which is known for its hospitality industry in the nation is losing grips over insecurity adding that it is also affecting the IGR as well as the working population of the state. 

Also Read; Imo Security Challenges: Akajiugo Calls For Collective Fight

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