Shell Energy Entrepreneurs banner Yudala 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

Views: 3,353


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


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
LAUTECH ASUU calls off strike, fixes fresh exam...

Proceedings stalled at Rivers Tribunal

ASUU Strike: PDP begins 7 days fasting and...

2015: GO FOR THE PRESIDENCY, youths tell OKOROCHA...

APGA NWC meets to prepare ground for new...

History, as Dangote converts trucks to run on...

62 Catholic scholars and clergymen accuse Pope Francis...

Reps demand framework for N500bn Social Intervention Fund,...

Dogara mourns as another lawmaker dies

Obasanjo’s ‘My Watch’ full of lies —Biafra War...

Dickson orders payment of March salaries to Bayelsa...

Ohanaeze to sue FG over federal appointments

 

Latest News BREAKING NEWS: Buhari extends tenure of Chief of Defence Staff, Service Chiefs Prosperity doesn’t trickle down, it comes from the middle-out (Part 3): 21st century social contract Fuel queues return as PENGASSAN begins nationwide strike How I made money producing fake charms — Charly Boy Boko Haram serves notice of impending attack on Borno community CLO rates South East Governors •How each fared •Says marginalisation real but many problems self-inflicted Gallant SARS operatives gun down 4 armed robbers Blackout at U.S. busiest airport grounds thousands of flights Falana writes Lagos CJ, seeks monthly inspection of all police stations and detention centres Ekiti community leaders moot development plan End of an era as Boeing’s 747 jumbo jet is phased out on US airline routes NPFL releases 2017/18 draws; action kicks off Jan. 14

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (302,324 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (287,133 views) Shameless Genevieve Nnaji exposes breasts in public (231,976 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (194,189 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (183,905 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (171,155 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (147,975 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (132,902 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (131,270 views) Lagos plane crash: Journalist releases victims’ names (119,675 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (115,939 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (112,933 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,825) Business Verdict (30) Columnists (780) Complaints & Requests (94) Enterprise & Opportunities (196) Entertainment (422) Features (529) Global Business Monitor (199) International (1,696) Interviews (138) Live Commentary (28) Love Matters (93) News (31,113) Opinion (845) Pidgin (9) Politics (4,229) Religion (655) Sports (1,383) Stock Watch (25) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

MOBO Awards

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!