Revamped iconic Ibadan hotel expected to generate employment opportunities and stimulate economic activities across Oyo State.
The reconstruction of the iconic Premier Hotel is set to deliver a major economic boost to Oyo State, with projections indicating that the facility will create about 600 direct jobs upon completion.
The development is expected to enhance employment opportunities, support local businesses and strengthen the hospitality and tourism sectors in the state.
Stakeholders believe the revitalisation of the historic hotel will not only restore one of Ibadan’s most recognizable landmarks but also contribute significantly to economic growth by attracting visitors, investors and business activities.
Beyond direct employment, the project is expected to generate additional indirect jobs across various sectors, including transportation, tourism, catering, maintenance and other support services.
The reconstruction of Premier Hotel forms part of broader efforts to reposition Oyo State as a leading destination for investment, tourism and economic development in Nigeria.
SEE VIDEO