Governor Babatunde Fashola of Lagos State, yesterday, unveiled the tallest hotel in West Africa, the Intercontinental Lagos built at a cost of N30 billion.
Fashola unveiled the hotel in a ceremony also attended by the Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi; Oba of Lagos, Oba Riliwan Akiolu 1; ex-governor of CBN, Joseph Sanusi, and other dignitaries.
The hotel located at Kofo Abayomi Street, Victoria Island, Lagos, is a 23-storey building with 358 rooms, 37 suites and a presidential suite.
The Intercontinental Lagos, a subsidiary of the Intercontinental Hotel Group, IHG, is owned by the Milan Group.
Fashola said the new hotel showed that the economy of the country was witnessing growth daily but without corresponding employment.
According to him: “The new sector is the tourism sector. This is the only virgin sector in the country, and it will help address the challenges of unemployment in the country.”
The governor said the new hotel had helped to create new 650 direct jobs in the state.
He noted that with the construction of more hotels and hospitality outfits, more direct jobs would be created as well as numerous indirect jobs.
Chairman, Milan Group, Ramesh Valechha said the hotel will change the landscape of Lagos and boost the hospitality industry in the state.
He noted that the Memorandum of Understanding, MoU, for the project was signed on March 31, 2004 while it took two years to complete the design work before the conceptual- isation of the project began.
He stated that the Lagos State Government, Skye Bank and Wema Bank were in supportive of the project.
Valechha disclosed the building of the hotel cost over N30 billion while 650 jobs were created for Nigerians. Click to signup for FREE news updates, latest information and hottest gists everyday
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Keep up doing the good jobs! Build more and employ more...... Thumb up!
ReplyDeleteLagos is owing so much due too much borrowing. Fashola you will run Lagos bankcrupt, enough is enough. Do leave so much debt for the next govnor.
ReplyDeletetallest building in west africa or africa is not top on d list of most nigerians. ASSU has been on strike for months. our childrens future should be top on our list. governor sir what will d nation gain after all these massive constructions and we cant get learned hands to handle such buliding?
ReplyDeleteGo ahead Baba Fash.
ReplyDeleteAbeg stop it! This hotel is not the tallest in West Africa! There is a hotel in Lomé (Togo) called Hôtel du 2 Février: It has 36-storey building. So please, see before you talk.
ReplyDeleteI beg Intercontinental Hotel is not built by Lagos State Govt. It is a private owed business by The Milan Group, and the brand is franchise from IHG from UAE. check your records.
ReplyDelete