The Lagos State Government has revealed that practitioners in the hospitality, tourism and entertainment establishments will get 50 per cent rebate for licensing and renewal fees across the state.

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According to the State Commissioner for Tourism, Arts and Culture, Mrs Uzamat AkinbiIe-Yusuf, this is in addition to the N1bn seed capital loan approved by Governor Babajide Sanwo-Olu.

AkinbiIe-Yusuf, in a statement on Wednesday (05/08/2020), disclosed that the measures would drive the growth of hospitality, tourism and entertainment businesses in Lagos despite the COVID-19 pandemic.

“Others are the establishment of a platform to commence working relationship with the Central Bank of Nigeria for access to COVID-19 tourism sector fund; a Creative Financial Initiative Fund to be made available to practitioners in the state; establishment of Tourism Endowment Fund in conjunction with the Ministry of Justice; training for practitioners in the creative industry through the Lagos Creative Academy, among others,” she added.

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While appreciating the state governor for increasing the number of social gatherings to a maximum of 50 persons, the commissioner noted that night clubs and beaches remain closed until further directive from the governor.

The Chairperson of the Lagos State COVID-19 Pandemic Review Committee, Mrs. Joke Silva, appealed to practitioners that the N1bn loan should be made available to the most vulnerable practitioners for their survival.