The Infrastructure Concession Regulatory Commission (ICRC) has approved the development of the Jabi Lake tourism and recreational project by issuing the Outline Business Case Certificate of Compliance for its implementation in Abuja, the Federal Capital Territory (FCT.
Signing this certificate in Abuja on Wednesday, 07th April, 2021, the Special Assistant on Media to the Minister of State, Austine Elemue, said the project would gulp an approximated US$21m.
The Tribune reports that the Minister of State for the Federal Capital Territory Administration (FCTA), Dr. Ramatu Tijani Aliyu, “recalled that the administration had amongst its presidential mandates, the tasks to work with the private sector to create jobs and help lift 100 million Nigerians out of poverty.
“… the FCT administration’s short term strategic development plan was the development of the tourism and recreation potentials of the territory in partnership with competent investors, stressing that this was included in its performance delivery presentation to the Federal Executive Council (FEC) on February 5, 2020.
“In actualizing this mandate, the FCTA received and considered an unsolicited proposal by Messrs Jabi Lake Leisure Cruise Limited for the transformation of Jabi Lake into a tourist destination; providing boat cruises, water sports, hospitality and many more tourist activities.
“The FCTA subsequently approached the Bureau for Public Procurement (BPP) and the ICRC for compliance with extant guidelines. The Outline Business Case (OBC) submitted by the proponents was forwarded to the ICRC for review/advice.”
The project is expected to commence before the end of this year.
Azuka Edokobi is a Writer , a Farmer, a Supply Chain Expert and an Entrepreneur