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Edo State Governor Godwin Obaseki, has received the final design of the N19.6 billion Edo State Radisson Hotel Project (ESRH).
The building is set to begin on July 27 , and to be completed before the end of his administration on November 12, next year.
Obaseki said the development of the four-star hotel in Benin would boost Edo’s tourism receipts and bolster the state’s chances at hosting sporting competitions and other international events, including film festivals and art exhibitions.
The governor, yesterday in Benin, said that the project, on completion, would redefine the space of the hospitality sector in Edo, creating employment opportunities and boosting economic growth, among other benefits.
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He said: “The reason we have not won the right to host international sporting events is because of lack of accommodation that will pass the standard test of the governing bodies for events like gymnastics, swimming, track, and others.
“The need for this project cannot be over-emphasized. Our goal as a government is to complete the project before leaving office in 2024. With the right team, procurement processes, and right partners, this is possible.
“The financing for this project is being created, and the project will pay itself up in less than five years. Projects like this are dollar-based, and we need to make decisions on time and finish our procurement early enough.”
The governor also said that the hotel project’s team had been diligent enough in the job, since it was dealing with public funds, while placing emphasis on accountability and transparency.