Reconstruction Works on the Confluence Beach Hotel Lokoja Sets to Commence-Kogi Govt

Kogi State government has finalized agreement with one of the leading tourism industries in the world; Capital Boutique Limited to begin ...


Kogi State government has finalized agreement with one of the leading tourism industries in the world; Capital Boutique Limited to begin the remodeling and reconstruction of the moribund Confluence Beach Hotel, Lokoja.

The state governor, Alhaji Yahaya Bello signed the multi billion Naira deal with the company Tuesday last week in his office at the Lugard House, Lokoja.
To improve economic fortune of the state, the Kogi State Economic Management Team said the deal included expansion and remodeling of the hotel which is geared towards job creation and recreation activities.

The confluence Beach Hotels will be transformed into a 5-Star hotels with standard Golf Course and different resorts.
The Managing Director of Capital Boutique Limited, Mr Cyril Akika, said the development of the Confluence Beach Facility is to include a Nine (9) Hole Golf Course, Blocks of 108 rooms, 158 chalets, an International Conference Centre, Swimming pools and shopping areas in addition to the exist facilities. He further stated that a total Capital in excess of 5billion Naira will be injected into the first phase of the project.
The State Auditor General, Alhaji Yakubu Okala who spoke on behalf of the State Economic Management Team disclosed that the 25 year leasehold agreement  will be jointly managed by a Special Purpose Vehicle (SPV) Company to be composed  of representatives of the State and the Core Investors.
Okala said that the investment is capable of generating about 2000 jobs for the people of Kogi State. And that it will restore the Tourism potential  of the State to the good old days and improvement in the Internally Generated Revenue.
The project; reconstruction of the hotel, Golf Course and other facilities is expected to be completed in 18 months.

Media office
Kogi State Government House

COMMENTS

Data
Data
Data



Name

#BBNAIJA,43,#KANORERUN,6,#Ultimatelove,1,AFRICA,2,Articles,21,AVIATION,1,BUSINESS NEWS,19,CAMPUS GIST,29,CELEBRITY GIST,33,Coronavirus,56,Easther,2,EDUCATION,9,EDUCATIONS,15,Eid,1,Eid El Fitr,2,EID EL KABIR,3,ELD-EL-FITR,2,Entertainment,81,Football,74,GIST,19,HEALTHS,35,INTERNATIONAL NEWS,2,JambResults,1,KOGI DECIDE 2019,134,LATEST KOGI GIST,523,MARKETS,1,METRO,4,News,1228,NEWS AFRICA,29,NYSC MOBILIZATION,2,OPINION,104,Politics,290,Ramadan,4,RERUN ELECTION,7,Senates,9,SKILLS,1,SMART TIPS,4,Sports,182,Technology,5,Top,997,Topics,2,WELLNESS,1,WORLD,50,
ltr
item
ANYIGBALEFT: Reconstruction Works on the Confluence Beach Hotel Lokoja Sets to Commence-Kogi Govt
Reconstruction Works on the Confluence Beach Hotel Lokoja Sets to Commence-Kogi Govt
https://4.bp.blogspot.com/-RA0bEjTVups/XLDxDK1DAKI/AAAAAAAABzc/kdeRdykF-0Q3GzbGt64DGCzNCazWdcrwwCLcBGAs/s320/FB_IMG_1555099703552.jpg
https://4.bp.blogspot.com/-RA0bEjTVups/XLDxDK1DAKI/AAAAAAAABzc/kdeRdykF-0Q3GzbGt64DGCzNCazWdcrwwCLcBGAs/s72-c/FB_IMG_1555099703552.jpg
ANYIGBALEFT
https://www.anyigbaleft.com.ng/2019/04/reconstruction-works-on-confluence.html
https://www.anyigbaleft.com.ng/
https://www.anyigbaleft.com.ng/
https://www.anyigbaleft.com.ng/2019/04/reconstruction-works-on-confluence.html
true
1455395820280625911
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy