A private firm, Lamash Property Limited, which entered into a public private partnership (PPP) agreement with the government of Kano State on the redevelopment of Daula Hotel, has demanded a ₦10 billion compensation following the demolition of the property by the state government on Saturday. Lamash Property Limited, in a statement titled ‘Kano Government Demolition […]
A private firm, Lamash Property Limited, which entered into a public private partnership agreement with the government of Kano State on the redevelopment of Daula Hotel, has demanded a ₦10 billion compensation following the demolition of the property by the state government on Saturday. Lamash Property Limited, in a statement titled 'Kano Government Demolition…
The firm, which expressed surprise that the new Kano government could go as far as to demolish a multi-billion naira hotel owned by it under any guise, said the project was initiated under the administration of the then governor, Abdullahi Ganduje, through PPP, to create jobs for the people and generate revenue for the state.
“On May 27, 2023, the immediate past governor of the state, Dr. Abdullahi Umar Ganduje performed commissioning ceremony of the hotel and it was handed over to the state government as its share in the project. “We wish to put it on record that at no point did the state government or any of its officials notified us or invited us for clarification on the project and thus negating the globally acceptable principle of fair hearing.
“We appeal to the general public in Kano state and beyond to not only understand the nature of our business as against what is being erroneously portrayed but also to know that the action of the new state government on investors that invested hugely in the state under the previous administration is going to affect the perception of other potential investors coming to put their money into Kano state economy.
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