(AGENDAWATCHDOG) – The Outline Business Case Certificate of compliance on the implementation of the Jabi Lake tourism and recreational project to the Federal Capital Territory Administration (FCTA) has been issued by the Infrastructure Concession Regulatory Commission (ICRC).
This was disclosed via a statement signed by Austine Elemue, the special assistant on media to the Minister of State, Dr Ramatu Tijjani Aliyu, and made available to the press in Abuja, in which I was stated that the project is expected to gulp $21 million.
While receiving the certificate on behalf of the administration, Dr 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, adding that 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.
The project is expected to take-off before the end of 2021.
PROJECTED IMPACT: The initiative will transform Jabi Lake into a tourist destination, providing boat cruises, water sports, hospitality and many more tourist activities, alongside its job creation potentials.