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FHRAI requests govt for special credit guarantee window under ECLGS for hospitality sector

The industry body has asked the government to standardise and align the tenure and the moratorium facilities floated under ECLGS 1.0, 2.0 and 3.0, FHRAI said in a statement. FHRAI has also asked that the tenure of loan and moratorium facilities granted under the ECLGS 3.0 should be extended to loans already sanctioned under the earlier emergency credit line guarantee schemes with retrospective effect, it added.

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Wales First Minister Mark Drakeford s believes indoor hospitality sector could open from May 17

Wales First Minister Mark Drakeford s believes indoor hospitality sector could open from May 17
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Covid second wave deals another blow to jobs in hospitality sector

Covid second wave deals another blow to jobs in hospitality sector SECTIONS Share Synopsis Uncertainty forcing restaurant chains, bars, hotels, salons and multiplexes to sack staff, cut salaries and put workers on leave without pay. PTI Delhi, Haryana, Maharashtra and Rajasthan, have announced staggered lockdowns and weekend curfews amid a record surge in Covid-19 cases. The second wave of Covid-19 has dealt another blow to jobs in the hospitality sector, with uncertainty over the duration of lockdowns and curfews across states. Executives at restaurant chains, bars, hotels, salons and multiplexes said the uncertainty is forcing them to sack employees, cut salaries and put workers on leave without pay. Many have no option but to go back to their hometowns and villages.

Nigerian Varsities have Ability to End Insecurity Through Research, Says UNIABUJA VC

By Kuni Tyessi in Abuja and Segun Awofadeji in Bauchi The Vice Chancellor, University of Abuja, Prof. Abdul Rasheed Na’Allah has disclosed that through research in the nation’s ivory towers, the incessant cases of insecurity will be a thing of the past. The VC who reiterated that insecurity is a researchable issue, said every challenge of human endeavour needs research and needs its people to bring solutions. Na’Allah who made this known, recently at its maiden undergraduate Research Day, themed, ‘Promoting National Development through Research’, said people have given up on the issue of insecurity with the belief that there’s no solution because universities are yet to research on it.

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