Determined to resuscitate the economic fortunes of Enugu, the state governor, Peter Mbah has awarded the contract for the revamping of Hotel Presidential, Enugu.
The Mbah-led administration also said it is perfecting the terms of agreement for the resuscitation of the state-owned Nigergas Company Limited, sequel to a memo by Enugu State Investment Development Authority in line with the governor’s target to rehabilitate, refurbish, and commission all dormant state assets.
The disclosure was made after the State Executive Council meeting presided over by the governor at the weekend.
Briefing government correspondents, the Commissioner for Information and Communication, Mr. Aka Eze Aka, his Culture and Tourism counterpart, Dame Ugochi Madueke, said the moves were in line with the governor’s promise to convert all dormant assets in the state to productive use.
According to Dame Madueke, revamping Presidential Hotel would not only put Enugu state in the world map as the premier destination for investment, tourism and hospitality, but would also create jobs for the teeming youth in the state.
“It is with great joy that I make this announcement because the hotel has been abandoned and had gone moribund over the past years. However, bringing it back to life will not only put our state on the world map again, it will equally create economic value-chain, market, tourism and employment for our youths,” the commissioner stated.
Speaking on the Nigergas Company Limited, Mr. Aka observed that the present administration was focused on reviving all moribund industries to create economy of scale for the state, and lead to the state selling its products beyond the East of the Niger.
He said the approval for the revamp of the comatose company was based on a rigorous assessment of many commercial proposals and models presented to the state, establishing a compelling business case and profitability.
