Businesses profit handsomely ahead of Tinubu's inauguration.

Businesses in the Federal Capital Territory are doing well ahead of the inauguration of Bola Ahmed Tinubu as President of the Federal Republic of Nigeria on Monday.

A visit to the nation's capital's major five-star hotels revealed that they are fully booked by foreign delegates scheduled to attend Tinubu's inauguration on Monday.

Hotels in Maitama, Asokoro, Central Business District, Gwarimpa, and areas within the city’s centre witnessed an overflow of customers, according to our findings.

At 10 pm on Saturday, Gwarimpa, Maitama, Wuse 2, and other spots were beehives of activity, leading to little traffic.

James Etuk, a hotelier in Abuja, said that most businesses have made double profits due to the inauguration.

He noted that this is not limited to Abuja but also other states’ capitals.

“Most facilities in the nation’s capital and other states are experiencing a boom. As I speak, most hotels in Abuja are fully booked. The gains will also trickle down to other businesses like entertainment, supermarkets, and others. The economic impact is massive,” he said.

Aside from Tinubu’s inauguration, new or re-elected governors will be inaugurated in Benue, Borno, Cross River, Ebonyi, Gombe, Jigawa, Kaduna, Katsina, Kwara, Lagos, Nasarawa, Niger, Ogun, Sokoto, Yobe, Akwa Ibom, Bauchi, Delta, Oyo, Plateau, Taraba, Rivers, Zamfara and Enugu, Adamawa, Kebbi and Abia states.