pro01: A massive N30b ($200m) 'investment' created a paltry 650 jobs?

Besides, who patronises these overpriced 'luxury' hotels for pete's sake? I'm sure they are not "tourists" as the state government deludedly advertises. There are already too many of these vanity projects in Lagos, and I don't see how we need more.

It wouldn't be a bad idea for the thieves who finance these white elephants (whilst hiding behind the facade of foreign partners) to consider channeling their loot towards more productive investments - that would have a greater impact on the state's development and benefit a greater number of ordinary people.. . .in terms of job creation and otherwise.

pro01: A massive N30b ($200m) 'investment' created a paltry 650 jobs?

Besides, who patronises these overpriced 'luxury' hotels for pete's sake? I'm sure they are not "tourists" as the state government deludedly advertises. There are already too many of these vanity projects in Lagos, and I don't see how we need more.

It wouldn't be a bad idea for the thieves who finance these white elephants (whilst hiding behind the facade of foreign partners) to consider channeling their loot towards more productive investments - that would have a greater impact on the state's development and benefit a greater number of ordinary people.. . .in terms of job creation and otherwise.

Rossikk: I've been all over and believe me, foreign hotels are over rated. Most are no better or worse than their Nigerian counterparts.

naptu2: I've already started counting down to the unveiling of the next hotel - the Transcorp Hilton on Glover Road Ikoyi.

I'm hoping that it will take the place of Ikoyi Hotel in my heart.

(O Ikoyi Hotel sob. Ikoyi Hotel! Videomart, suya. O Ikoyi Hotel )

berem: So many high brow hotels located at the island. What happened to places like Oshodi, Ojota, Surulere etc? Do i see a disparity between the rich and poor? We need more of such hotels at the mainland too.

Nice edifice anyway!

berem: So many high brow hotels located at the island. What happened to places like Oshodi, Ojota, Surulere etc? Do i see a disparity between the rich and poor? We need more of such hotels at the mainland too.

Nice edifice anyway!

pro01: A massive N30b ($200m) 'investment' created a paltry 650 jobs?

Besides, who patronises these overpriced 'luxury' hotels for pete's sake? I'm sure they are not "tourists" as the state government deludedly advertises. There are already too many of these vanity projects in Lagos, and I don't see how we need more.

It wouldn't be a bad idea for the thieves who finance these white elephants (whilst hiding behind the facade of foreign partners) to consider channeling their loot towards more productive investments - that would have a greater impact on the state's development and benefit a greater number of ordinary people.. . .in terms of job creation and otherwise.

pro01: A massive N30b ($200m) 'investment' created a paltry 650 jobs?

Besides, who patronises these overpriced 'luxury' hotels for pete's sake? I'm sure they are not "tourists" as the state government deludedly advertises. There are already too many of these vanity projects in Lagos, and I don't see how we need more.

It wouldn't be a bad idea for the thieves who finance these white elephants (whilst hiding behind the facade of foreign partners) to consider channeling their loot towards more productive investments - that would have a greater impact on the state's development and benefit a greater number of ordinary people.. . .in terms of job creation and otherwise.

gboss4sure:

Seconded, Foreign hotels are over rated

SLIDE waxie: hehehehe: one hater down, more to go!

Rossikk: It is not the only five star hotel in Nigeria.

solapex: Kazeem Ugbodaga
Governor Babatunde Fashola of Lagos today unveiled the tallest hotel in West Africa, Intercontinental Lagos, built at a cost of N30 billion.
The hotel located at Kofo Abayomi Street, Victoria Island, Lagos, Southwest Nigeria is a 23-storey building containing 358 rooms and 37 suites and a Presidential suite.
The Intercontinental Lagos, a subsidiary of the Intercontinental Hotel Group, IHG, is owned by the Milan Group.
Unveiling the 5-star hotel, Fashola said the edifice would surely boost the hospitality and tourism industry in the state, while urging other entrepreneurs to look inward and invest their money in hotels and public utilities such as roads.

Fashola at the official opening of Intercontinental Hotel in Lagos
According to him, the unveiling of the hotel represented the increasing brands of hotels making Nigeria their choice destinations, saying that the tourism industry would be boosted by the new edifice.
“The tourism business is the major sector that creates jobs but sadly, this sector faces lots of challenges across the continent. The Lagos State Government is committed to providing the enabling environment,” he said.
Fashola harped on collection of consumption tax and urged hotels and other in the hospitality business to help the government to collect the tax for developmental purpose.
“Consumption taxes are not levied on hotels but on consumers. The role of hotel is to collect the tax and give it to us. It is by collecting this taxes that you empower us to provide schools, public utilities and others,” he stated.
Chairman, Milan Group, Ramesh Valechha said the hotel would change the landscape of Lagos and boost the hospitality industry in the state.
He disclosed that Memorandum of Understanding for the project was signed on 31 March, 2004 while it took two years to complete the design work before the conceptualisation of the project began.
He stated that the Lagos State Government, Skye Bank and Wema Bank were supportive of the project.
Valechha disclosed the building of the hotel cost over N30 billion while 650 jobs were created for Nigerians.
Regional General Manager, IHG, Africa, Karl Hala said the hotel is the leading hotel in Nigeria, saying the group had 170 Intercontinental Hotels in 60 countries of the world.
He described the unveiling of the hotel in Lagos as a significant milestone in the hospitality industry, adding that the group also had 20 Intercontinental Hotels in Africa and that the hotel was the only 5-star hotel in Nigeria.
Chief Executive Officer, Design Group, Bayo Odunlami said it took lots of challenging moment in the design and conceptualization of the project, saying he was happy that the group overcame the hurdles.

http://pmnewsnigeria.com/2013/09/29/fashola-unveils-west-africas-tallest-hotel-in-lagos/?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+PmNewsNigeria+%28PM+News+Nigeria%29

Rossikk: It is not the only five star hotel in Nigeria.

Rossikk: I've been all over and believe me, foreign hotels are over rated. Most are no better or worse than their Nigerian counterparts.

gbokukueba:

I will not disagree with the first part of your point but the second part i think hotels in Nigeria are hastily rated... imagine Golde Tulip saying its a 4star hotel... i lived in a 4 star hotel in Dubai for 9months its can compete with the so called 5 star hotels in Nigeria...

Rossikk: I've been all over and believe me, foreign hotels are over rated. Most are no better or worse than their Nigerian counterparts.

Rossikk: It is not the only five star hotel in Nigeria.

jayblinx: boss u just lied....wat eva hotel mr fashola built isnt the tallest hotel in west africa....Hotel 2 fervrier in lome togo has 36 storeys...and has the record of the tallest...dont come here and deceive any1....if u want to b sure...use google or check the other post on lome togo and see dat tall building wit sumtn lyk an ''X'' on top....i live in togo

eazzzy1:

You know how much tax a yoruba govt will generate through this? Feel free to kill yourself!

Ndo!