Home City Review Makinde’s Govt Moves To Bring Hospitality Businesses Into Tax System

Makinde’s Govt Moves To Bring Hospitality Businesses Into Tax System

0
Engineer Seyi Makinde
Engineer Seyi Makinde

The Engineer ‘Seyi Makinde-led government in Oyo State has announced plans to bring all hospitality businesses in the state into the tax system as part of its effort to improve data collection, boost revenue generation and strengthen security coordination across the sector.

The state Commissioner for Culture and Tourism Development, Dr. Wasiu Olatubosun, stated this at the Oyo State Tourism and Hospitality Conference, held at the Local Government Staff Training Hall, Secretariat, Agodi, Ibadan, in conjunction with ITC Advisory Services.

Olatubosun said that the majority of hospitality operators in the state were yet to register with the government, while some registered businesses were not remitting their dues regularly, a situation he said was significantly affecting the state’s revenue generation.

According to the Commissioner, the renewed engagement with stakeholders was the first phase of a three-stage process comprising identification, cooperation and enforcement, with the enforcement stage expected to commence in October, 2026. He urged hospitality businesses to take advantage of the ongoing engagement and comply with the requirements of the state government.

Dr. Olatubosun also enjoined hospitality businesses to submit monthly figures of customers who patronise their facilities to help populate data at the Bureau of Statistics and enhance security coordination across the state.

Also speaking, the lawmaker representing Oyo East/Oyo West Constituency, Honourable Olorunpoto Rahman, reiterated the commitment of Oyo State House of Assembly to partnering with the Executive Arm of government to build a tourism sector that is secure, data-driven and business-friendly.

He said the Governor Seyi Makinde-led administration was deliberate about maintaining order in the state, noting that tourism was one of the development plans receiving attention.

According to him, the House of Assembly would continue to support the Ministry of Culture and Tourism in its efforts to develop the sector, charging stakeholders to work together towards making Oyo State a preferred tourism destination.

The interactive session, which brought together stakeholders in the hospitality sector, including hotels, lounges, nightclubs, eateries and other related businesses, focused on strengthening tourism and hospitality for sustainable growth.

Speaking on the digital initiatives being proposed for the sector, the Director of ITC Advisory Services, Mr. Olabode Ajetunmobi, said Oyo State had the potential to become one of Nigeria’s strongest tourism and hospitality destinations.

He said the proposed Oyo Guest Identity Verification System (OGIVS) and Oyo Booking Platform were designed to support the development of a more organised, secure and competitive hospitality sector.

Ajetunmobi explained that the initiatives were not intended to put pressure on hotels but to help licensed and compliant establishments become more visible, safer, more trusted and competitive. He added that the initiatives would provide opportunities for hotels to benefit from state-backed digital visibility, guest identity verification, safer hotel operations, discounted outdoor advertising, health insurance support for hotel workers, discounted Property Management System (PMS) access through Stay Flow, reliable internet support and improved access to tourists, visitors and corporate guests.

He said compliance should not be viewed as punishment, but as a pathway to access, visibility, customers, support and growth.

There were also presentations on security and public safety compliance in the hospitality sector, continuity and sustainability as well as revenue generation and opportunities for increased revenue in the hospitality industry.

Stakeholders also raised various questions and concerns bordering on compliance, revenue generation, security, data collection and the general development of the sector.

The Chairman of the Hoteliers Association, Mr. Ayodele Ogundele, said that improved collaboration between government and operators would create a situation beneficial to all stakeholders.

The event had in attendance government officials and stakeholders in the tourism sector, among other dignitaries.

Packaged by Adekunle Adegboyega

LEAVE A REPLY

Please enter your comment!
Please enter your name here