Niger State to build 305-room N20bn hotel

Posted: November 7, 2012 in travel & tourism

Niger State government has signed an agreement with a private construction, Access Field Nigeria Limited, to build and operate a five-star hotel to be sited in the state capital, Minna.

The cost of the agreement put at N19. 6 billion will be executed under a Public Private Partnership (PPP) arrangement.

Disclosing the deal in Minna, during the signing of a Memorandum of Understanding between the state government and Access Field Nigeria Limited, the commissioner of Trade and Investment, Yahaya Dansallau, said the seven storey facility expected to be completed within 24 months would have 305 key rooms.

Dansallau stressed the need for the project to be executed within the stipulated time frame and in accordance with the specifications, adding further that the state government had constituted a seven-man committee to oversee the project.

“This project is awarded under a concession agreement between the state government and the company handling the project, where the project will be executed under the platform of Design, Build, Operate and Transfer (DBOT),” Dansallau said.

He added that the company which handled the project will run the hotel for 25 years after which its ownership would be transferred to the state government.

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