Ikogosi Warm Spring Transformed Under PPP Model, Says Balogun

Related Articles

Advertisement:

The General Manager of Glocient Hospitality, Mr. Lanre Balogun, has highlighted the “extraordinary revitalization” of the Ikogosi Warm Springs Resort in Ekiti State, maintaining that the successful transformation is a direct result of a “robust and innovative” Public Private Partnership model. Speaking during the Distinguished Guest Lecture 2026 held in Ado-Ekiti on Wednesday, April 15, 2026, the hospitality chief argued that the concession of the facility to Glocient Hospitality a subsidiary of Cavista Holdings has moved the resort from a state of “near-collapse” to a “world-class destination.” The management maintained that the partnership with the Ekiti State Government has “unlocked the commercial potential” of the site, turning it into a “premier hub” for Meetings, Incentives, Conferences, and Exhibitions in West Africa.

The “transformation” described by Balogun involves a “four-phase innovation project” that integrates “modern luxury with cultural authenticity.” Supporting context from the resort’s management indicates that the revitalization has included the “reconstruction of internal roads,” the “digitalization of guest experiences” through QR-coded trees and mobile storytelling guides, and the “restoration of executive accommodation units.” High Chief Ayo Ademiluwa, who represented Balogun at the lecture, vividly illustrated the resort’s past as a “sick baby” that was “almost dying” under purely public management before the “respite” of the Public Private Partnership model. The group argued that the “Ikogosi Success Story” proves that “private sector efficiency” can effectively “preserve and promote” national heritage while ensuring “economic sustainability” for the host community.

Stakeholder reactions to the “Ikogosi Model” have been “broadly celebratory,” with the founder of Afe Babalola University, Aare Afe Babalola, and other investors praising the “courage of the Ekiti State Government” to embrace the Public Private Partnership framework. They noted that the resort has already earned accolades such as the “Best Unique Destination Experience in Nigeria,” which has “rekindled interest in domestic tourism.” Conversely, some “local community leaders” have urged the “management and the government” to ensure that the “economic benefits” continue to “trickle down” to the grassroots through “job creation and vendor opportunities.” They maintained that “sustainability” is not just about “profit and infrastructure” but also about “inclusive growth” that “carries the people of Ikogosi-Ekiti along.”

Tourism and economic analysts observe that “Ikogosi Warm Spring” has become a “template for infrastructure reform” across Nigeria. Experts suggest that the “PPP model” is the “most viable solution” for the hundreds of “underperforming state-owned assets” in the country. They argue that “Glocient Hospitality” has successfully “de-risked” the tourism sector by proving that “international standards” can be achieved in a “rural Nigerian setting.” Analyst Dr. Olasunkanmi Bello noted that “Lanre Balogun is managing a ‘lifestyle asset’ that is also a ‘national treasure’,” adding that “the use of technology to tell the ‘cultural story’ of the springs is what differentiates this project.” He emphasized that “the success of Ikogosi is a ‘marketing victory’ for Ekiti State,” positioning it as a “serious player” in the “global hospitality market.”

The broader implications of this transformation point toward an “increased appetite for concessions” in the Nigerian tourism sector. By delivering “tangible results” within a short timeframe, the “Glocient-Ekiti Partnership” has provided “proof of concept” for other states looking to “divest from direct management” of leisure facilities. This move is expected to lead to “increased foreign direct investment” in “hospitality infrastructure,” as investors see a “clear path to profitability” through “structured government collaboration.” As the “Ikogosi Warm Spring Resort” continues to “step up its efforts” in “community engagement and architecture,” the focus remains on the “maintenance of standards” and the “protection of the natural ecosystem.” For the Nigerian traveler, the “revitalized Ikogosi” is a “symbol of pride” and a “reminder” that with the “right partnership,” the “nation’s beauty” can be “restored and celebrated.”

GNA TV News is the news and television organ of the Great Nigeria Assembly. www.greatnigerian.org

For news, events, celebrity profiles, organization profiles, birthdays, pacesetters, and much more, please contact info@greatnigerian.org. You can also join our WhatsApp group here.

Are you a Nigerian professional interested in moving Nigeria forward through unique contributions, innovation, and ideas? Join us at the Great Nigerian Assembly (GNA), a global coalition of professionals in Nigeria who are dedicated to leveraging skills, knowledge, and capabilities to improve members and foster unity, advancement, and the rule of law and equity in Nigeria. We are a non-political, non-government, non-religious, and not-for-profit organization. We operate through 16 professional groups covering power, infrastructure, agriculture, information technology, tourism, housing, good governance, health, and transportation. Other programs include GNA Pacesetter, Global Conference, GNA Youth, GNA Business, and GNA Grassroots &State chapters. Join Us Now to make that difference.

Your organization or association can partner with us Become our Partner || GNA

You can join the Great Nigerian Assembly here  Join GNA || GNA

More on this topic

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Popular stories

Advertisement: