16 Oct 2013

New Abuja City Gate To Cost A Whopping N64Billion


Construction of a new city gate for The Federal Capital Territory Administration (FCTA) located at the Kuje Junction, Along Umaru Musa Yar’Adua Expressway (airport road) is set to cost a grand total of N64 billion.

Leadership Newspaper is reporting that “The new city gate, according to the administration, comprises conference and parade grounds, botanical gardens and a five star hotel. Others are shopping arcades, amphitheatres, cable car stations that will go from south to north and a monorail system.

Director, department of public buildings, Federal Capital Development Authority (FCDA), Arch Bernard Lot, who disclosed this while addressing a press conference, said the project would be floated through Public Private Partnership (PPP) model and the administration was currently looking for investors.”

Not exactly sure why this is a priority for Abuja, considering just outside the city there are numerous slums that can do well with that kind of money and infrastructure rebuild.

No comments :