Mustapha Mashood, an All Progressive Congress, (APC) Chieftain and former Governorship Aspirant has described the sum of N17.8 billion awarded for the rehabilitation of the State Hotel by Governor of Kwara State, AbdulRahman AbdulRazaq as unjustifiable and a waste of scarce resources. The Kwara State Government has approved N17.8 billion for the rehabilitation of Kwara Hotel after public backlash over the abandonment of the facility. It was learnt that the project was awarded to Craneburg Construction Company Limited.
A civil society organisation, Elites Network for Sustainable Development (ENetSuD) has revealed that the Kwara Hotel was valued at N3.9 billion in 2017 and N5.4 billion in 2022. This was revealed in a statement issued on Thursday by the organisation's Director, Investigation and Public Petition (Kwara Central), stating that the market value of the hotel was known through documents submitted by Jide Taiwo & Co. to Harmony Holdings Ltd.
The Kwara State Government has approved N17.8 billion for the rehabilitation of Kwara Hotel after public backlash over the abandonment of the facility. It was learnt that the project was awarded to Craneburg Construction Company Limited. The project aims to transform it into a five-star hospitality facility at N17.8 billion, with a projected duration of 24 months.
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