Geneal NEWS

The famous Ibadan Hotel is closing down and laying off staff

Dozens of Premier Hotel workers in Ibadan, the capital of Oyo state, have been disengaged

Our reporter learns that the Premier Hotel, one of the edifices built during the defunct Western Province government, has closed.

The hotel is owned by Western Hotels Limited, a subsidiary of the Odu’a Investment Company Limited, set up by the defunct Western Province government.

The hotel was deserted when our reporter came across Mokola Hill.

Contacted, the Managing Director of Odu’a Investment Company Limited, Adewale Raji, confirmed the development.

He added that the affected workers have received their salaries. He emphasized that the hotel management was aware of the safety of the workers.

However, he debunked reports that the hotel had been sold.

Raji said, “In line with our plans to make our hotels world-class, we are renovating the Premier Hotel and upgrading its facilities to make it a five-star hotel, in association with a global brand selected by the Board of Directors with the help of KPMG and shareholder approval.

We want to increase the number of rooms we have and increase the capacity of the halls. We are aware of people’s health and safety, so we had to disengage the staff. We had to pay them all.”

The famous Ibadan Hotel is closing down and laying off staff

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