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Hoteliers Groan As 5-Star Hotel Spends N450m Monthly On Electricity

Andrew Ojiezel by Andrew Ojiezel
11 months ago
in Business
HAPSSSA
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Hoteliers, under the auspices of the Hotel and Personal Services Senior Staff Association (HAPSSSA), are suffering from expensive electricity generation. They disclosed that each 5-star hotel spends about N450 million monthly.

The president of the association, Comrade Iyeh Adegbe William, therefore, called on the federal government to create a more business-friendly atmosphere with a sustainable electricity supply amid self-generated electricity that has made each five-star hotel spend about N1.4trillion in three months, specifically in the second quarter of 2025, to remain in business.

According to Iyeh, 10 five-star hotels spent over N150 million a month each on generators and generator maintenance. In the second Quarter alone, 10 hotels spent N450 million monthly each just to satisfy customers, stay in business, and create jobs.

This is just as the president, Trade Union Congress (TUC), Comrade Festus Osifo who was represented by the secretary general, Comrade Nuhu Toro, in the 2025 Annual Industrial workshop organised by HAPSSSA on Thursday in Lagos, charged union leaders to embrace and also adopt capacity building in this era of Artificial Intelligence(AI) as a way of sustainable growth and jobs security for workers in the hospitality sector.

While speaking on the theme, “Strategic Administration/Workers To Understanding Management Roles During Unstable Economy,’ Osifo urged workers, saying, “ this makes capacity development and strategic engagement even more essential. Building workers’ and leaders’ competence in understanding management objectives, financial realities, and operational challenges, mostly during this era of AI, enables us to craft more effective responses that protect workers’ interests while promoting enterprise sustainability.”

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While charging all participants to apply the knowledge from this workshop judiciously, he added, “Let the insights acquired today empower you to engage management constructively, defend workers courageously, and strengthen our collective capacity to adapt in these challenging times.”

Moreover, Comrade Samuel Alabi, the company secretary of Eko Hotel and chairman of the occasion, charged members to be fully prepared for continuous training in an era of AI for job sustainability.
In his keynote address, Alabi called on workers to always strive for continuous development and become assets to their employers.

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Andrew Ojiezel

Andrew Ojiezel

Andrew Ojiezel is a journalist with Leadership Newspaper, which he joined in 2019. His career began at Daily Times of Nigeria and Business Times in 2004, where he served as Labour Correspondent, and he subsequently worked as Labour Correspondent with National Daily Newspaper before his current role.

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