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.
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.
www.newsforum247.com/lagos-state-gov-unveils-west-africas-tallest-hotel-in-lagos-see-photos/
www.africanspotlight.com/2013/09/29/lagos-state-gov-fashola-unveils-west-africas-tallest-hotel-photos/

Nyc 1...

Anoda future disaster in disguise

Mehn life is good i'm going there to spend weekend this week

segzyj: Anoda future disaster in disguise

OP wat do u mean.

SW again

#30bn? I think that can solve our greedy lecturers demand lol well kudos to fash u de try

Wtf!!!! , undoubtedly a gigantuan facade, n a picturesque edifice

Positive news always coming from yoruba nation. I can't believe it. The tallest hotel in west africa is located in odua nation. Our brodas from the other side of river niger will go on hunger strike because of this news.. God bless the yoruba nation!!!!!!!

K

segzyj: Anoda future disaster in disguise

omo Igbo ode. Oponu. Typical omo Igbo, enemy of progress

Mayany: #30bn? I think that can solve our greedy lecturers demand lol well kudos to fash u de try

Who do you think provided the money spent to build this Hotel? When you work that out you should then ask yourself whether those people are in the business of donating free money to tackle the problems of indolent and incompetent Governments.