• Wednesday, May 22, 2024
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Event companies, venues get knocks in the time of Coronavirus

Events centre

In the event of Coronavirus pandemic, many sectors and economies are feeling the heat with event companies and event venues, mass transport companies  losing out as programmes are either rescheduled or cancelled.

In Nigeria, many events scheduled last week across states were cancelled or postponed as a measure to contain the spread of coronavirus. This simply means loss of revenues by the event companies and owners of event venues who committed funds to host the events.

International Breweries Plc had rescheduled its distributors’ conference scheduled last week at Federal Palace Hotels in compliance to the Presidency directive suspending all mass/public gathering or meetings of any nature for the next 30 days.

“As a result of the raging COVID-19, and having reviewed the situation here in Nigeria, the Board of Centre for Financial Journalism (CFJ Nigeria) has decided to postpone The Bullion Lecture 2020 scheduled to hold on March 26, 2020”. Ray Echebiri, CEO, Centre for Financial Journalism said in a statement.

The Federal Airports Authority of Nigeria also suspended its scheduled national aviation conference earlier scheduled to take place between April 1 and 4, at the International Conference Centre, Abuja.

A statement by the spokesperson of FAAN, Henrietta Yakubu, said that the decision was made in order to adhere to safety precautions in the face of the coronavirus outbreak.

Conversations with industry experts on Positioning for Business Growth organised by Hospitali Tea scheduled at The Providence by Mantis Hotel, Ikeja on March 19, was also postponed.

In an effort to contain the spread of the virus, the president furthers directed the suspension of all public visits to prisons for the next 30 days, suspended all inter-schools gathering either for sporting purposes or otherwise for the next 30 days.

In a circular issued recently also suspended inter-agency, inter-institutions and inter-religious gatherings for the next 30 days.

The World Health Organization recently declared COVID 19 a global pandemic and advised that as much as possible, individuals and organizations should avoid clustered gatherings to prevent the spread of the virus.

The world faces an unprecedented challenge in terms of combating and defeating Coronaviru. Creative solutions for those who operate within the marketing space are necessary.