The Enugu State Executive council has ended this week’s meeting with the approval of the construction of a 380-room five-star hotel at the International Conference Centre, Enugu awarded to the China Communication and Construction Company as well as ratified the N100bn deal with Pragmatic Palms Limited for the revitalisation of the moribund Enugu State United Palm Products Limited.
Briefing correspondents at the end of the meeting, Commissioner for Works and Infrastructure, Engr. Gerald Otiji; Commissioner for Transportation, Dr. Obi Ozor; Commissioner for Culture and Tourism, Dame Ugochi Madueke; and the Commissioner for Agriculture and Agro-Industrialisation, Mr Patrick Ubru, said these were in furtherance to the administration’s focus on making Enugu State the premier destination for investment, business, tourism, and
“We also approved the N100bn deal to Revitalise Enugu State United Palm Products Limited (UPPL) deal, which is a state asset located at Ugwuoba in Oji River LGA, Umulokpa in Uzo-Uwani LGA, and Ibite-Olo in Eziagu LGA. We are talking about a total of 6,700 hectares, although it is not 100 per cent covered by palms because only 2,000 hectares have been planted’’.
According to them, Enugu state holds 40 per cent of the equity, which is the value of our land or assets and our partners are providing finance for 60 per cent of the value of the transaction, which is their own equity.
Throwing more light on the five-star hotel, Dame Madueke said the proposed facility would have tremendous ripple effect on the state’s tourism and hospitality industry and the economy in general, explaining that the absence of a five-star hotel in the state was greatly responsible for the paucity of international flights into Enugu and inability of the state to host money-spinning conferences like those of the Nigerian Bar Association.
On his part, the commissioner for Agriculture and Agro-Industrilisation said the revitalisation of the United Palm Products Limited would create jobs, put Enugu State in the forefront as one of the biggest producers of oil palm products, and also help the state to earn foreign exchange.
Contributing, Commissioner for Transportation, Dr. Ozor, said government had commenced the first phase of the Transport Infrastructure Project (TIP), an initiative that covers the Enugu Central Station situated opposite the Holy Ghost Cathedral, the Gariki Central Station, the Abakpa Central station and the Nsukka Central Station.