Wednesday 25 June 2014

Centenary City to Cost N2.4trn

The official developers of the Abuja Centenary City, Eagle Hills, have revealed that the project is expected to gulp the sum of N2.4trn.
The Chief Executive Officer of Eagle Hills, Mr Mohammed Al-Abbar, made the disclosure yesterday at the ground breaking ceremony of the Centenary City, which is to be completed in 10 years.
President Goodluck Jonathan, who performed the ground breaking ceremony, expressed delight that what began as a dream was now becoming reality.
“It will be a city of elegance, unity and hope. We want Nigerians to appreciate our journey of 100 years,” the president said.
Also speaking, the chairman of the Centenary City Plc, Gen. Abdulsalami Abubakar, noted that the city was being designed in a way that ranks it among the big cities. He added that the project will create 69,000 jobs and 250,000 construction jobs.
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