The Enugu State government has dismissed reports that it has put up the Hotel Presidential for sale, stressing that the hotel will never be sold.
The government, in a statement yesterday by the Commissioner for Information and Communication, Aka Eze Aka, said it only gave the Enugu State Housing Development Corporation approval to take over an undeveloped part of the premises to raise funds for public-oriented infrastructural development projects.
“The government only gave approval for the ESHDC to sell an undeveloped area of the hotel lying fallow for more than five decades without adding any value to the hotel. “Government has decided as a matter of policy to dispose moribund and unusable assets at the current market values and deploy the proceeds to critical infrastructure and housing projects beneficial to the masses. The empty plots at Hotel Presidential are among such disposable assets, and others will be made known to the general public subsequently.“But for the avoidance of doubt, Hotel Presidential has not been sold and will never be sold”, the Commissioner stated.
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