By Samuel Ogude(Warri)
The Delta State Government has been advised to support private investors in the state in order to boost its Internally Generated Revenue (IGR), saying, over dependence on Federal Allocation, it would not be able to carry out capital projects for the benefit of the citizenry. The Chief Executive Officer, Lascurt Hotel, Mr. Austin Wareyai stated this when the organization marked its one year anniversary. Wareyai said, the state government should not look down on private investors saying, no meaningful development can take in a state without private investors where it can have its pool of income.
He said:”The Government should not look down on private investors in Delta State in general and Warri in particular because, Lagos State is doing well today through Internally Generated Revenue” The Executive Officer, Wareyai said, a situation where people get their money and take it to other places to invest does not help in the growth of the state economy as they are promoting the economic environment of that place leaving theirs to suffer.
He said:” I see many people go outside Warri in particular and Delta State in general to invest their money. This attitude does not speak well of the area”.
He said there is money in Warri in particular and Delta State in general saying, in the past one year, the company has soar adding, the only challenge they have is the inability for Benin Electricity Distribution Company (BEDC) to connect them to the national grid. He however said, he has got the support of the host community and other stakeholders in the industry. He said:”I encourage people to invest in Warri, Delta state, money is here”. He said he decided to invest this business in Warri in order to bring about Night Life adding, any city without Night Life cannot be centre of attractions to tourists.
The Chief Executive Officer used the medium to thank the Honorable Speaker, Delta State House of Assembly, Rt Honorable Sheriff Oborevwori for his support during the anniversary adding, though not present, he was able to mobilize his friends and associates to grace the occasion and that added value to it.
On his part, the Manager of Lascurt Hotel, Warri, Clement Eruke Ogbologbo a.k.a Mr. Clem said, so far, one year in the company’s life has been a progressive one as the patronage is high. He said, the reason for the success of the organization is the drive and passion on the part of the management to succeed. He advised people who travel to other places and have business ideas to come to invest in Warri and be committed to it as that would not only boost their economic base but give employment to the teaming youths in the state. He said:”You can’t say there is no peace in Warri and therefore don’t want to invest here. There is absolute peace and everything is going on well”.