Abuja’s Jabi Lake Resort To Gulp N334bn

Minister of Federal Capital Territory, FCT, Senator Bala Mohammed, has announced plans to expend over N334bn in the development of the abandoned Jabi Lake Resort.

Mohammed, who announced this when he received members of the Nigeria Young Professionals Forum, NYPF, explained that when the resort is completed, it would take Abuja to the next level in promoting tourism and, by extension, generating the required revenue to augment budgetary allocation from the Federal Government.

Mohammed said the government has made a lot of investment in the Federal Capital Territory and, now, the time has come for the FCT administration to create institutions, structures in terms of legal framework to leverage on private funding by way of competition, to take Abuja to the next level.


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