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FCMB Backs 2016 Ojude Oba Festival

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FCMB Ojude Oba

By Modupe Gbadeyanka

The 2016 Ojude Oba Festival in Ijebu-Ode, Ogun State, will again have the full support of First City Monument Bank (FCMB) Limited, the company has said.

FCMB has always thrown its weight behind the event, which is attended by several people from across the world.

Group Head, Corporate Affairs of FCMB, Mr Diran Olojo, at a press conference organised by the Ojude Oba Festival Planning Committee in Ijebu-Ode on August 29, 2016, explained that the Bank’s continuous support of the Ojude Oba Festival is borne out of its commitment to celebrate and preserve Nigeria’s cultural heritage, while also boosting the tourism sector in line with the government’s ongoing drive to diversify the country’s economy.

FCMB has in the past 10 years continued to play a significant role in ensuring the success of the Festival.

The 2016 edition of the festival holds in Ijebu-Ode, Ogun State, on Wednesday, September 14, 2016.

The Ojude Oba (which in Ijebu dialect means, the king’s fore-court or frontage) is a major festival in Nigeria that began over 100 years ago.

It brings together all sons and daughters of Ijebuland in Nigeria and diaspora for a carnival-like celebration of the traditional, cultural, spiritual accomplishments and other values of the Ijebu nation.

During the Festival, various age groups (popularly known as the Regberegbes), indigenes, their friends and associates from far and near – all in their colourful costumes and riding on horses – throng the palace of the Awujale and Paramount Ruler of Ijebuland to pay homage to him amidst prayers and other fun-filled activities.

In a goodwill message to the Awujale of Ijebuland, Oba (Dr) Sikiru Adetona on the occasion of this year’s Ojude Oba Festival, the Chief Executive Officer of FCMB, Mr Ladi Balogun, congratulated the monarch for upholding the values of Ijebuland and raising the status of the event over the years.

He stated that FCMB is committed to the longevity of the Ojude Oba Festival, and was proud to be associated with it.

“The Ojude Oba Festival has become a long standing yearly tradition we look forward to as a unifying factor and a tourist attraction.

“For over a century, the Festival has gone a long way to showcase, amplify and promote our cultural heritage.

“FCMB has been a major supporter of the Ojude Oba Festival for more than a decade and it has been a mutually beneficial journey.

“As a socially responsible corporate citizen, we realise that globalisation, though essential, could also become a threat to the cultural identity of a people. We also recognise that celebrating the heritage and diversity of Nigeria is important in educating generations to come about the evolution of our country,” Mr Balogun emphasised.

In the same vein, the Founder of FCMB Group who is also the the Olori Omo-Oba Akile Ijebu, Otunba (Dr) Michael Olasubomi Balogun (CON), in a goodwill message to the paramount ruler of Ijebuland expressed his gratitude to the Awujale, especially considering the paramount ruler’s selflessness in attending to the different requests and yearnings of the people of Ijebuland.

In a message delivered on his behalf by Mr Olojo, the spokesman of FCMB, Otunba Balogun commended Oba Adetona for his, “distinguished and exemplary leadership over the years which have continued to endear you to all of us.”

While congratulating the entire indigenes of Ijebuland, the FCMB Founder also prayed that the monarch’s reign would, ‘’continue to bring joy, prosperity and robust health, all in abundance to the entire Ijebu race, at home and in the diaspora, in all that you endeavour to do for our people.”

Apart from the glitz and colours associated with the annual Ojude Oba Festival, the event provides an opportunity for the indigenes of Ijebuland, their associates and well-wishers to discuss pertinent issues that fast-track the development of the Ijebu nation.

The Festival also boosts business activities, tourism and the general hospitality sector in the area, thereby contributing to socio-economic development.

First City Monument Bank (FCMB) is a member of FCMB Group Plc, which is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. Having successfully transformed to a retail and commercial banking-led group, FCMB expects to continue to distinguish itself by delivering exceptional services, while enhancing the growth and achievement of the personal and business aspirations of its customers.

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 dipo.olowookere@businesspost.ng

Travel/Tourism

Tourism Recovery Jumps 65% of Pre-Pandemic Levels

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Iyake lake Tourism Investors

By Adedapo Adesanya

Tourism recovery accelerated to reach 65 per cent of pre-pandemic levels, the World Tourism Organisation (UNWTO) has revealed. This is an estimated 700 million tourists travelled internationally between January and September.

This equates to 63 per cent of 2019 levels and puts the sector on course to reach 65 per cent of its pre-pandemic levels this year, in line with UNWTO scenarios. Results were boosted by strong pent-up demand, improved confidence levels, and the lifting of restrictions in an increasing number of destinations.

Highlighting the speed at which the sector has recovered from the worst crisis in its history, the latest World Tourism Barometer from the agency reveals that monthly arrivals were 64 per cent below 2019 levels in January 2022 and had reached -27 per cent by September. An estimated 340 million international arrivals were recorded in the third quarter of 2022 alone, almost 50 per cent of the nine-month total.

Europe continued to lead the rebound of international tourism. The region welcomed 477 million international arrivals in January-September 2022 (68 per cent of the world total), hitting 81 per cent of pre-pandemic levels. This was more than double that of 2021 by 126 per cent, with results boosted by strong intra-regional demand and travel from the United States. Europe saw a particularly robust performance in Q3 when arrivals reached almost 90 per cent of 2019 levels.

At the same time, the Middle East saw international arrivals more than triple, by 225 per cent year on year in January-September 2022, climbing to 77 per cent of pre-pandemic levels.

Africa saw a 166 per cent growth, and the Americas made a 106 per cent rise compared to 2021, reaching 63 per cent and 66 per cent of 2019 levels, respectively. In Asia and the Pacific, there was a 230 per cent rise as arrivals more than tripled in the first nine months of 2022, reflecting the opening of many destinations, including Japan, at the end of September. However, arrivals in Asia and the Pacific remained 83 per cent below 2019 levels.

China, a key source market for the region, remains closed due to surging COVID-19 cases.

Several subregions reached 80 per cent to 90 per cent of their pre-pandemic arrivals in January-September 2022. Western Europe (88 per cent) and Southern Mediterranean Europe (86 per cent) saw the fastest recovery towards 2019 levels.

The Caribbean, Central America (both 82 per cent), and Northern Europe (81 per cent) also recorded strong results. Destinations reporting arrivals above pre-pandemic levels in the nine months through September include Albania, Ethiopia, Honduras, Andorra, Puerto Rico, Dominican Republic, Colombia, El Salvador and Iceland.

In the month of September, arrivals surpassed pre-pandemic levels in the Middle East (+3 per cent over 2019) and the Caribbean (+1 per cent) and came close in Central America (-7 per cent), Northern Europe (-9 per cent) and Southern and Mediterranean Europe (-10 per cent).

Meanwhile, some destinations recorded notable increases in international tourism receipts in the first seven to nine months of 2022, including Serbia, Romania, Türkiye, Latvia, Portugal, Pakistan, Mexico, Morocco and France.

The recovery can also be seen in outbound tourism spending from major source markets, with strong results from France, where expenditure reached -8 per cent through September, compared to 2019. Other markets reporting strong spending in the first six to nine months of 2022 were Germany, Belgium, Italy, the United States, Qatar, India, and Saudi Arabia.

Looking ahead, the challenging economic environment, including persistently high inflation and soaring energy prices, aggravated by the Russian offensive in Ukraine, could weigh on the pace of recovery in Q4 and into 2023.

The latest survey among the UNWTO Panel of Tourism Experts shows a downgrade in confidence levels for the last four months of 2022, reflecting more cautious optimism. Despite growing challenges pointing to a softening of the recovery pace, export revenues from tourism could reach $1.2 to $1.3 trillion in 2022, a 60-70 per cent increase over 2021, or 70-80 per cent of the $1.8 trillion recorded in 2019.

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Travel/Tourism

Closure of Imo State Zoo Will Affect Conservation Education, Tourism—NAZAP

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Imo State Zoo

By Aduragbemi Omiyale

The Nigerian Association of Zoological Gardens and Wildlife Parks (NAZAP) has said the alleged plan to close the Imo State Zoo in Nekede would negatively affect conservation education, research and tourism in Nigeria.

In a statement, the group advised Governor Hope Uzodinma of Imo State to reconsider this decision, saying it would send the wrong signal to the global community, especially after he promised during the 2020 World Wildlife Day commemoration in Owerri, Imo State, that his administration would upgrade the facility to international standards.

It has been rumoured that the Imo State Zoo would be shut down, and efforts by NAZAP to prevent this have been futile.

In the statement made available to Business Post, the association expressed dismay at the action, saying it was not consulted as a critical stakeholder in the sector.

NAZAP described the Imo State Zoo as one of the thriving zoos in the country, noting that its closure will be like a policy somersault.

“The Imo State Zoo is a key member of NAZAP and amongst the earliest that blazed the trail in national zoo development. Its in-situ conservation scheme is registered amongst international conservation stakeholders, both in the index of liveable cities, climate change and in the aspects of sustainable development,” the group stressed.

“Our pioneer NAZAP Year Book has equally listed Imo State Zoo amongst its thriving national assets, thus deserving pride of place.

“We will be saddened by this turn of event, if true, especially as the zoo is now the only surviving zoo in the South East of Nigeria,” it added.

NAZAP further disclosed that, “Bringing closure to this facility, as being alleged, will be a costly narrative for conservation education, research and tourism in Nigeria, in view of the zoo’s status as a major facility for field practical training of students, renewable natural resource, environmental, ecological and biological sciences centre.”

“NAZAP has thus advanced the option of encouraging pertinent partnerships with prospective private sector investors in ensuring the zoo’s overall development and sustainability,” it stated.

“However, in the event of any properly planned relocation of any zoo, the intended new location is meant to be fully developed before the animals are translocated.

“In contemplating the movement of a large number of animals, many of which are on the threatened or endangered list, the strategic and technical inputs of several agencies such as NESREA, VCRN, WISON and the National Park Service, including NAZAP should be factored,” the organisation stated.

It warned that “there is every need for such exercises as zoo closure to be appropriately guided to guard against untoward logistical or ecological eventualities.”

“It is in the light of the above relevant circumstances that we advise that the state government initiate the required protocols of engagement with the above-stated professional stakeholders if indeed the closure of such a facility is contemplated,” NAZAP declared.

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Travel/Tourism

NiMet Warns Airline Operators of Bird Strikes as Dry Season Nears

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airline operators

By Adedapo Adesanya

The Nigerian Meteorological Agency (NiMet) has alerted airline operators that the dry season would witness the influx of birds to the affected states, which according to it, might cause bird strikes in the airspace.

During the dry season, the agency explained that there could be increased chances of bird strikes due to the influx of migratory birds. This constitutes a hazard to flight operations.

Consequently, NiMet warned the public of the possible commencement of the dry season, otherwise called the harmattan season, in most parts of the north.

In a statement by its spokesman at the weekend, Mr Muntari Ibrahim, the agency issued warnings about potential bird strike occurrences, flight delays, and cancellations as harmattan begins in most parts of the country.

The statement said: “It is following weather report of observed movement of dust plumes from the source region (Niger and Chad ) where dust-haze and haziness, in relatively low visibility values, are expected into the county within the next 24 hours,

“In the next 24 hours, there are good prospects of dust haze (in moderate horizontal visibility, 2000m – 5000m) over Maiduguri, Yobe, Katsina, Kano, Kaduna, Gombe, Bauchi and Jigawa States, while other northern states (including North-central) could report sunny and hazy (visibility of 5–7km).

“It is expected that this weather condition will persist for the next 3 days. Worthy of note is the observed gradual increase of the Day-Time Temperature.”

According to the statement, the dry season is usually a period of no rainfall in the North and a period of little or no rainfall in the South.

It noted that the weather would be characterised by dust particles, harmattan cold, especially at night, high day-time temperature values, fog occurrences, hazy conditions, and associated health-related risks such as meningitis, respiratory illnesses, and more.

As the dry season begins, the agency advised stakeholders and, indeed, the general public that in places where dust haze would impair visibility, motorists should drive cautiously.

“People with respiratory issues should apply necessary caution, especially for outdoor activities. Airline operators are also advised to get updated weather reports from NiMet offices for effective planning of their operations, stressing that with warmer temperatures, there are higher chances of clear air turbulence.

“Hot weather results in the longer distance on the runway to generate enough lift for flight take-off. This increases the fuel consumption and requires adequate planning by operators,” the statement said.

“Motorists are also advised to adhere to recommended tyre pressure by the manufacturers, especially during the hot days to safeguard against tyre bursts.

“With reduced visibilities, flight delays or cancellations, in compliance with safety regulations may not be unexpected,” it added.

It explained that the climate of Nigeria “is characterised by two distinct seasons – rainy season and dry season. The rainy season usually lasts between late February and Early November in the South, with a little break between late July and Mid-August, while it lasts between late May to early Mid October in the North.

“Beyond this period, between the end of the rainy season and the beginning of the next rainy season, is the dry season, which is what is unfolding.”

Also, the Nigerian Meteorological Agency assures the public that it will keep track of the changes in weather and provide updates when necessary.

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