We’ve Made Over ₦700m From Refurbished ICC In Three Weeks — Wike
We’ve Made Over ₦700m From Refurbished ICC In Three Weeks — Wike
He said before the advent of the President Bola Tinubu administration, the centre was poorly managed, with low revenue accruing to the Federal Government annually.
The Minister of the Federal Capital Territory, Nyesom Wike, has said that the International Conference Centre, Abuja, which cost ₦39 billion to refurbish and was renamed Bola Ahmed Tinubu International Conference Centre, has generated ₦700 million in three weeks.
Wike disclosed this at the Thanksgiving service for the completion of projects by the FCT administration on Sunday.
He said before the advent of the President Bola Tinubu administration, the centre was poorly managed, with low revenue accruing to the Federal Government annually.
“The Bola Ahmed Tinubu International Conference Centre, you know, there were people who were running it. They were paying the government ₦50 million every year.
“These are people who want to rescue Nigeria. When we went there, the President said, ‘Look, this is an eyesore,’ that this is not a quality, this is not a Nigeria we should prevent. And we shut the place down. And within six to seven months, we have rehabilitated the international control centre,” he said.
Wike added, “But do you know the shocking thing? The man who was running it, from Adamawa, was paying the government ₦50 million a year.
But in the three weeks that we just renovated it, we have made over 700 years. This is paying into the coffers of the government ₦50 million a year, but in three weeks, we have made over ₦700 million.
