Nioma banner Fidelity bank banner Bayelsa State banner
Ogbunike cave tourist centre to cost N250m •Obiano signs MOU with project partner

By Pamela Eboh, Awka on 23/03/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 4,050


Governor of Anambra State, Chief Willie Obiano, has signed a Memorandum of Understanding (MOU) with Africa Project Finance and Development Limited for the development of Ogbunike Cave into a world-class Theme Park and Resort at the cost of N250 million.

According to the government’s set out plan for the tourist hub, the company will design, develop, finance, construct and operate the state of the art Park and Resort.

The equity distribution of the agreement allocates 75% to the company, 15% to the State government, 5% to Oyi Local Government Area, 5% to Ifite-Ogbunike, while 3% will be channeled towards development and social responsibility projects in the area.

Speaking after signing the MOU, Obiano said the project would provide comprehensive entertainment centre and facilitate total exploration of the Cave and make it attractive for tourism.

He gave assurance that the project would be handled by a world-class contractor who would give the State quality facilities for tourism and relaxation.

The Commissioner for Information, Culture and Tourism, Chief Tony Onyima explained that following the governor’s passion to transform the old age cave that had been ignored over the years, the Ministry and Anambra State Investment Protection and Promotion Agency (ANSIPPA) accelerated work in attracting the investor and concluded modalities for the partnership to harness the potentials of the Cave.

He noted that the schedule for the implementation of the project had been worked out and added that by next year some of the transformation projects would be ready for commissioning with multiplier effect.

The Managing Director of the company, Mr. Joachim Nwagbo noted that within one year, governor Obiano would have turned the state into a first choice investment destination with effective security system and stable socio-political environment attractive for direct funding of projects and strategic development initiatives.

Nwagbo said, in addition to the Ogbunike Cave project, the company was equally ready to finance an airport project, modern transport scheme and also has N1.4 billion to invest on inter-State rail system.

Earlier, the Chairman of ANSIPPA Igwe Cyril Enweze, who is also the traditional ruler of Umuoji had stated that the project would include nature and games reserves, Water Park, hotels, museums, retail and dining facilities as well as theater, cultural centre, lake and river sports, among other recreation activities.

Enweze further explained that the project had immense benefits for the state, including mass direct and indirect employment opportunities and transfer of skill and technology. 

•Photo shows Obiano (speaking) and others during the visit to Ogbunike Cave.

Source News Express

Posted 23/03/2015 02:26:43 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Bad weather: Ethiopian Airline unable to land in...

Lagos businessman arraigned for allegedly diverting N8.6m goods...

Ex-NDDC Commissioner jailed three years for stealing transformers...

Membership drive: Rivers APC moves to capture more...

Anambra Guber primaries: APC alleges plot to compromise...

Traditional rulers back call for Awori indigenes’ inclusion...

Kaduna gets new Commissioner of Police

Kogi Governor threatens to sack deviant commissioners

Prison Officer killed in Minna jailbreak

Detained Ekiti lawmaker not dead but hale and...

Don’t use National Identity Card for 2015 polls,...

El-Rufai disowns Chief of Staff over succession comment...

 

Latest News Boko Haram overruns Nigerian military base in second attack in days Lagos may vanish in 2050, warns NCF EFCC taunts Fayose on Twitter, warns of imminent arrest Governor-elect Fayemi unfolds agenda for Ekiti NYSC certificate Saga: SERAP demands explanation from Finance Minister Kemi Adeosun Abandoned Toll Gate: Group slams N1bn suit on Kano, FG over casualties Senate, Reps have no power to suspend me – Omo-Agege Pastor Okotie declares intention to run for 2019 presidency NIMC requires N150bn to enroll every Nigerian – DG Ekiti Election: Fayemi’s triumph a victory for the people — Tinubu Guber Election Victory: Governor Sani-Bello congratulates Fayemi, lauds Ekiti people FG saves over N218bn on personnel cost through IPPIS since inception — Official

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (360,951 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (357,740 views) Shameless Genevieve Nnaji exposes breasts in public (286,065 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (234,705 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (213,883 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,172 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (185,909 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (167,925 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,000 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (152,256 views) Lagos plane crash: Journalist releases victims’ names (147,178 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (138,454 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,339) Business Verdict (45) Columnists (886) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (614) Global Business Monitor (284) International (2,127) Interview (157) Live Commentary (28) Love Matters (127) News (37,133) Opinion (1,021) Pidgin (10) Politics (5,565) Religion (783) Sports (1,608) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

'I Am In Severe Pain' Fayose Breaks Down In Tears At...

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement