Hotel Presidential has not been sold, will never be sold says Enugu govt

Enugu State Government has debunked rumours making the rounds  that it has put up the Hotel Presidential for sale, saying  that the hotel has not be sold and  will never be sold.

This was contained in a statement signed by the Commissioner for Information and Communication, Aka Eze Aka, and made available to newsmen on Monday in Enugu .

Aka in red cap

Aka  said the State Government only gave the Enugu State Housing Development Corporation (ESHDC) approval to take over an undeveloped part of the premises to raise funds for public-oriented infrastructural development projects.

The statement read in part :

“The purported sale of Hotel Presidential is not true. Contrary to the reports, government is in the process of partnering with private sector investors to restore the hotel to its glory as the premier three-star hotel East of the Niger.

“The government only gave approval for the ESHDC to sell an undeveloped area of the hotel lying fallow for more than five decades without adding any value to the hotel.

“It should be stressed that the present landmass of the hotel exceeds the minimum acreage for a three-star hotel.

“Government has decided as a matter of policy to dispose moribund and unusable assets at the current market values and deploy the proceeds to  critical infrastructure and  housing projects beneficial to the masses. The empty plots at Hotel Presidential are among such disposable  assets, and others will be made known to the general public subsequently. 

“But for the avoidance of doubt, Hotel Presidential has not been sold and will never be sold”, the Commissioner stated”.

The Information Commissioner said the government had been inundated with credible security reports pointing to the use of the undeveloped area now marked for sale as a hideout for criminals, adding that a shrine for initiation of cultists was also recently discovered there. 

“The sale of the lands will be open, transparent and competitive. Limited time shall be given to serious bidders to avoid the antics of speculators. The government is looking at how quickly the plots can be built up to add to the aesthetics of the prime location adjacent to the prestigious hotel”, he said.

Author: Maureen Ikpeama

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