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Ajimobi Lays Foundation of Tourism Market in Iseyin

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By Dipo Olowookere

Oyo State Governor, Mr Abiola Ajimobi, has laid the foundation of the 13.5 hectares Aso Ofi International Tourism Market at Iseyin, saying that the state was ready to partner genuine investors to preserve its historical sites, artefacts and monuments.

The Governor, who performed the foundation laying ceremony at the weekend during the second edition of Aso Ofi festival in Iseyin area of the state, added that the partnering investors would also manage and develop new tourist sites.

Mr Ajimobi, represented by his deputy, Mr Moses Adeyemo, noted that Oyo State is endowed with rich diverse cultures and a wide variety of indigenous festivals such as Sango and Oranyan in Oyo Town, Oke-Badan in Ibadan, Beere in Saki, Olele in Ogbomoso, among others as well as beautiful landscapes which include Ado-Awaye Suspended Lake, Oke-Badan Hill in Ibadan, Igbo-Oba Royal Forest in Igboho, Iya Mapo Hill in Igbeti and other numerous species of flora and fauna with their scenic values.

He observed that most of these tourist sites are yet to be fully maximized to generate revenue, saying “It is therefore our duty to identify, plan, package and market them for overall development of the State.

The concept of the Aso-Ofi festival is to celebrate Aso-Ofi, one of the State’s Tourism products, towards propagating this unique indigenous textile material globally and promote the youth empowerment agenda of this administration as one of the solutions to the present economic challenges facing the country.

“To this end, youths should be encouraged to learn this trade without waiting for white collar jobs that are not always there; farmers should be encouraged to grow the cotton trees as part of agricultural agenda in the State to boost our indigenous textile industry.

“We are here today to fulfill the promise made by my administration during last year Aso-Ofi celebration to the good people of Iseyin that an International Tourism Market will be established in this town known universally as the cradle of Aso-Ofi.

“We are lending credence to our pace setting status by laying the foundation of the first ever market to combine a museum with other tourism features here in Iseyin. We appreciate the support of the good people of Iseyin in particular and Oyo State in general for your continuous support for this administration since its inception over six years ago as well as your collaborative efforts in the transformation agenda of our government,” the Governor added.

Mr Ajimobi stressed that the state is making frantic efforts to make Oyo State a haven for tourists to appreciate the numerous Cultural and Tourism entities that abound in the State, noting “since we came on board, our transformation agenda has been vigorously pursued and we have been engaging in the revitalization of all indices of development in the State.”

In his welcome address, Commissioner for Information, Culture and Tourism, Mr Toye Arulogun explained that the 13.5 Hectares Aso-Ofi International Tourism Market will contain 500 weaving sheds/workshops, 500 exhibition shops, a warehouse, 1st indigenous textile museum in Nigeria, a fire station, a clinic and a police station, pointing out that Aso-Ofi festival was conceptualized to showcase and celebrate our locally made fabric that is now an internationally accepted brand.

Mr Arulogun noted that the first edition of Aso Ofi recorded huge success as financial institutions, Exports promotion agencies, private and corporate organisations have been having serious and genuine engagements with the aso-Ofi weavers and marketers in the state.

He assured that the state would not relent in its cultural tourism drive in order to make it as one of the mainstreams of the economy of the state.

The 2017 Aso Ofi day festival was witnessed by top government officials from the state led by the Secretary to the State Government, Mr Lekan Alli, Members of the National Assembly, members Oyo State House of Assembly led by the Deputy Speaker, Mr AbdulWasiu Musa, traditional rulers including the representative of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, the Aseyin of Iseyin, Oba Abdulganiyu Adekunle Salau, the Eleruwa of Eruwa, Oba Samuel Adegbola, Onjo of Okeho, Oba Rafiu Osuolale, Religious, Community and market leaders, Aso Ofi weavers and marketers from Ibadan, Ilorin and Abeokuta as well as prominent sons and daughters of Iseyin.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Travel/Tourism

Honeywell Group Acquires 14.12% Stake in Ikeja Hotel

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Ikeja Hotel

By Aduragbemi Omiyale

About 14.12 per cent stake in Ikeja Hotel Plc has been acquired by Honeywell Group Limited, a notice on the Nigerian Exchange (NGX) Limited has revealed.

Honeywell Group took up the part of the hospitality firm through one of its affiliates known as HGL Real Estate Limited.

Ikeja Hotel, in the disclosure filed with the NGX on July 2, 2026, said the stake comprised 305,323,525 units of its equities.

“Ikeja Hotel hereby notifies the Nigerian Exchange Limited and the general public that it has received notification from HGL Real Estate Limited, an affiliate of Honeywell Group Limited, that it has acquired 305,323,525 units of Ikeja Hotel Plc’s shares, representing 14.12 per cent shareholding in the company,” the notice stated.

Ikeja Hotel is one of Nigeria’s leading hospitality investment and hotel management companies with premium hospitality assets.

It operates two leading hospitality organisations in Lagos, the Sheraton Lagos Hotel and Balmoral Convention Centre.

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Travel/Tourism

Lagos Shuts Down 10 Hotels, Restaurants for Environmental Violations

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LASEPA seals hotels restaurants

By Aduragbemi Omiyale

About 10 hospitality establishments, including hotels and restaurants, were sealed on Wednesday by officials of the Lagos State Environmental Protection Agency (LASEPA).

The affected businesses are located in different locations in the Alimosho Local Government Area of the metropolis, Business Post learned from a statement from the agency.

It was stated that they were sealed by LASEPA for persistent violations of environmental regulations despite repeated warnings, abatement notices, and several opportunities to comply with the agency’s directives.

According to the notice, the enforcement exercise was carried out in line with the directives of the Lagos State government to ensure strict compliance with environmental laws and to safeguard public health.

The affected facilities were said to have breached various environmental regulations, including noise pollution, air pollution, unlawful discharge of untreated effluent, obstruction of official duties, among others.

LASEPA closed the premises of Granduer Meridian at Obasa Akiniyi Street, Oluwaga, Ipaja for non-compliance with the agency’s directives; Lasola (Spazio Bar), located on Ipaja Road, Fatolu Bus Stop, Ipaja, was sealed for noise pollution and non-compliance with directives; Millennium Restaurant, located at Gate Bus Stop, Ipaja, Ayobo, was shut down for non-compliance with directives; O2 Exquisite Suites & Tower on Jimoh Akinremi Street, Jimoh Bus Stop, Akowonjo, was sealed for non-compliance with directives; and Chirozz Hotel & Suites, located on Samuel Street, Akowonjo, by Vulcanizer Bus Stop, Egbeda, was closed for noise pollution and non-compliance with directives.

In addition, House 7 Hotel, located at Remi Akande Street, Egbeda, was sealed for non-compliance with LASEPA’s directives; House 48 on Isiba Oluwo Street, Egbeda, was sealed for non-compliance with directives; Exclusive Hotel, located at Ishan Kimishe, Akesan Bus Stop, was shut down by non-compliance with directives; Sabola Ventures Limited, Iocated at Km 11, LASU–Isheri Road, Igando, was shut down for operating without evidence of an Effluent Treatment Plant (ETP), and discharging untreated effluent into public drains; and City Int’l Motel, located at Chief Olu-Adegbite Street, off Oladun Street, Council Bus Stop, Idimu, was sealed for non-compliance with directives.

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Emirates Deploys Boeing 777-300ERSF

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Boeing 777-300ERSF

By Modupe Gbadeyanka

Emirates has become the first airline cargo carrier to deploy the Boeing 777-300ERSF passenger-to-freighter converted aircraft.

The aircraft (A6-EBK) will enter commercial service with a flight from Hong Kong to Dubai carrying over 100 tonnes of cargo, a statement from the airline operator stated.

The converted Emirates Boeing 777-300ERSF offers 100 tonnes of payload capacity and 811 m³ of cargo volume, representing a 25 per cent increase in cargo volume over the Boeing 777-F production freighter.

At 47 pallet positions, the converted aircraft also accommodates 10 additional pallet positions when compared with the Boeing 777-F production freighter, making it ideal for transporting volumetric cargo such as e-commerce goods, which currently constitute around 20 per cent of global air cargo tonnage with further growth projected in the next few years.

The converted Boeing 777-300ERSF is the sixth new freighter, following five Boeing 777-F production freighters, to join Emirates SkyCargo’s fleet since March 2026.

As part of its ambitious expansion strategy, Emirates SkyCargo will also be taking delivery of five additional Boeing 777-F aircraft as well as one additional converted Boeing 777-300ERSF by December 2026.

Emirates SkyCargo will also be introducing three additional converted Boeing 777-ERSFs into its fleet in 2027.

“The induction of the first converted Emirates Boeing 777-300ERSF into operational service represents the next step in the expansion of our fleet and operational agility.

“We are optimising our fleet assets by converting older Boeing 777-300ER passenger aircraft to meet the growing demand for air cargo capacity to transport goods rapidly across the world,” Emirates SkyCargo’s Divisional Senior Vice President, Badr Abbas, commented.

“Combined with our growing fleet of Boeing 777-F production freighters, we have already been able to scale our global freighter network from just over 40 destinations in February this year to 62 destinations currently and growing.

“We are providing our global customers with scalable cargo capacity and ultimate flexibility and connectivity when moving cargo to and through our hub in Dubai,” Abbas added.

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