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2016 Capital Budget Implementation: Tours FAAN Facilities

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By Modupe Gbadeyanka

As part of the ongoing monitoring of the implementation of the 2016 Capital Projects, Minister of State for Budget and National Planning, Mrs Zainab Ahmed, has visited Murtala Muhammad International Airport (MMIA), Lagos to inspect some projects under the Federal Airport Authority of Nigeria (FAAN).

The monitoring exercise which was designed by the Ministry of Budget and National Planning under the Ministry’s Quarterly Budget Performance Monitoring of 2016 Capital Budget, will culminate in the production of the quarterly report by the Monitoring and Evaluation Department of the ministry.

According to the Minister, the objectives of the monitoring exercise include; to assess the level of fund disbursement and utilization by the MDAs as at the third quarter of 2016, to examine status of projects implementation and their performance levels, and also assess the value for money for the levels of project implementation.

Other objectives are; assessing the impact of executed projects on target beneficiaries and communities; and also Identify challenges and lessons learnt in the projects implementation Among the projects visited by the Minister are; Upgrade and Rehabilitation of MMIA Terminal Building, awarded in 2011 to Zakhem Construction Limited; Expansion and Upgrade of MMIA Wing D & E Fingers (phase 2 -3), awarded in 2012 to Ogbosite International Limited, and the Refurbishing and Upgrading of MMIA Passengers Processing Area, awarded in 2011 to Archivisual Solution Limited.

Other projects visited by the Minister are; rehabilitation and asphalt retracing at GAT Apron at Lagos, awarded in 2013 to Deux Projecs Limited; reconstruction and Upgrade of GAT Protocol at MMIA, awarded in 2012 to ARDC, and also provision of Transit Lounge at MMIA, awarded in 2012 to Archivisual Solution Limited.

While speaking to the journalists after the tour of the facilities, the Minister expressed satisfaction with what was provided by FAAN at the MMIA, especially at the arrival lounge, Airport’s Power House, upgrade of the Airport’s terminal building and the asphalt retracing works.

She commended the level of completion Underscoring the importance the current administration attached to development of infrastructure in the country, which she described as the bed rock to speeding up development in any nation, Mrs Ahmed stated that more than any other previous administration in Nigeria, 30 percent of the total sum of the 2016 budget was allocated to the provision of infrastructure by the current administration under President Muhammadu Buhari.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Travel/Tourism

Landmark Group to Operate Nike Lake Resort Enugu for 35 Years

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By Aduragbemi Omiyale

A deal has been sealed between the Enugu State government and the Landmark Group for the transformation of the Nike Lake Resort Hotel.

The company, owned by serial investor, Mr Paul Onwuanibe, will revamp the facility and operate for 35 years on lease.

The Governor of Enugu State, Mr Peter Mbah, expressed optimism that Landmark Group would use the hotel to boost tourism sector of the state.

He explained that his administration decided to work with Mr Onwuanibe’s organisation as part of his commitment to transforming Enugu into a global destination for investment and tourism, noting that Nike Lake Resort remains a key government asset that need efficient management to flourish.

“Nike Lake Resort is not just a hotel; it is a symbol of Enugu’s hospitality and tourism potential.

“This partnership reflects our vision to create an environment that fosters investment, job creation, and economic growth,” Mr Mbah remarked.

The Governor said Nike Lake Resort Hotel could position Enugu as a preferred destination for both domestic and international visitors while boosting the state’s economic development.

On his part, Mr Onwuanibe expressed gratitude for the opportunity to manage the iconic hotel and assured the government of delivering world-class services.

He also emphasized the potential of the hotel to serve as a major tourism hub, creating employment opportunities for the youth and revitalizing Enugu’s tourism sector.

While signing the deal with the Commissioner for Trade and Investment, Mrs Adaora Chukwu, the Landmark Group boss said the initiative should boost the local economy and attract approximately 3 million visitors annually.

Recall that in 2024, the popular beach resort operated by Landmark Group in Lagos was demolished by the federal government to make way for the controversial Lagos to Calabar Coastal Road.

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Air Peace Partners ADINA to Strengthen African Trade

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By Modupe Gbadeyanka

To strengthen African trade and diaspora connections, one of the leading airlines in Nigeria, Air Peace, partnered with the Africa Diaspora Investment Network Alliance (ADINA) for its summit held in Ghana on December 27, 2024.

The airline operator said it backed the event to solidify its commitment to fostering stronger ties between Africa and its global diaspora.

The programme facilitated conversations around trade, investment, and economic empowerment, positioning the diaspora as a significant force for Africa’s economic transformation.

At the summit held at the Kempinski Gold Coast City Hotel in Accra, the Head of Sales and Business Development at Air Peace, Mr Davids Odeyemi, emphasized the airline’s mission to connect Africa and its diaspora.

He highlighted Air Peace’s extensive network, which offers seamless travel solutions for diasporans seeking to reconnect with their roots, explore their heritage, and invest in Africa’s burgeoning markets.

Mr Odeyemi also reaffirmed the airline’s role as a driver of intra-African trade, enhancing connectivity to enable the movement of goods, services, and people, thereby creating jobs and fostering economic growth.

Air Peace’s partnership with the ADINA Summit also aligns with its broader commitment to promoting tourism and showcasing Africa’s rich cultural heritage. The airline’s continuous investment in a modern fleet underscores its determination to provide a world-class travel experience, reinforcing its position as a catalyst for African development.

The programme underscored the critical role of diaspora remittances in bolstering local economies, with discussions focusing on the potential of the diaspora to surpass traditional foreign direct investments.

Air Peace, through this partnership, gained access to a high-level network of African and diaspora leaders, creating opportunities to connect with talent, clients, and collaborators while amplifying its branding and marketing initiatives.

By actively participating in the ADINA Summit 2024, Air Peace reaffirmed its dedication to shaping the continent’s future. This partnership exemplifies the airline’s leadership in African aviation and its unwavering commitment to driving progress across the continent. Together with ADINA, Air Peace is helping to unlock Africa’s economic potential and strengthen its global connections.

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Musawa, Governor Mba Commission Enugu Christmas Village

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Enugu Christmas Village

By Dipo Olowookere

The Enugu Christmas Village has been commissioned by the Minister of Arts, Tourism, Culture, and the Creative Economy, Ms Hanatu Musawa; and the Governor of Enugu State, Mr Peter Mba.

This development officially kicked off the holiday season in the state, giving residents and others from across Nigeria and outside the opportunity to relax in an atmosphere of love, positioning Enugu as a key destination for cultural and holiday tourism.

Facilitated by Omu Resort, a leading tourism promoter in Africa, the Enugu Christmas Village is set to become the heartbeat of holiday celebrations in the state.

The company has already organised a 25-day festival at the village designed to attract residents, visitors, and dignitaries from across the region.

With its vibrant atmosphere and festive attractions, the Enugu Christmas Village boasts an array of attractions such as a waterpark, roller skating, archery, amusement rides, and much more.

At its centre is a breathtaking display of 500,000 Christmas lights, illuminating the village in a magical glow that promises to captivate visitors of all ages.

The festival goes beyond the lights and rides, offering a rich tapestry of events that celebrate the state’s cultural heritage.

Highlights include Afrobeat Concert, Praise Night, Highlife Concert Street Carnival, Cultural Parade and a Grand Fireworks Show.

One of the most anticipated moments is the Santa Street Storm, where over 100 Santa Claus figures riding tricycles will parade through the streets, distributing gifts to orphanages and the less privileged, spreading joy and goodwill.

Running from December 7 to December 31, 2024, the Enugu Christmas Festival is more than just a celebration of the holiday season. It underscores the state’s cultural vibrancy and its potential as a leading tourist destination.

The festival offers a unique opportunity for families and friends to come together, celebrate, and unwind in a festive atmosphere. It is also expected to fosters unity and showcases the rich cultural heritage of Enugu State, while promoting arts, tourism, and community well-being.

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