Finance

NRC opens railway guest house in Ebute Metta Lagos

NRC opens railway guest house in Ebute Meta Lagos

The Nigerian Railway Corporation (NRC) on Wednesday opened a 40-bed first commercial Railway Guest House at its Ebute-Meta station in Lagos.

Among the facilities in the N320 million hotel are swimming pool, restaurant and meeting hall.

Timothy Zalanga, Managing Director, Railway Property, said the hotel’s fully equipped and functional service facilities would ensure the comfort, safety, and relaxation of all guests.

He said the project marked the beginning of new business strategy focusing on property development rather than leasing of lands that limited its revenue potentials.

“This project shows that with the focus of the present regime on Railway Development, many more can be achieved in the overall interest of the general public,” he said

Zalanga said that 60 per cent of the construction cost was funded from replacement costs of some of the NRC structures that were demolished to pave way for the new Lagos – Ibadan standard gauge line to get into Apapa port.

Read:  Wema Bank revamps loan offering for female SME owners

The official said that the remaining 40 per cent was funded by Railways Property and thanked the Minister of Transportation, Rotimi Amaechi, for his kind approval to revolve the assets.

The corporation’s Managing Director, Mr Fidet Okhiria, said that the guest house would be managed by Ojez Group, a renowned hospitality and lifestyle organisation.

Okhiria said that over 30 entities bided to manage the guest house out of which Ojez Groups was selected for the job.

Read:  Nigerian auto tech firm expands to Kenya, Uganda

NRC Board Chairman, Alhaji Ibrahim Alhassan, said the corporation was looking forward to improve staff welfare with the building of the edifice.

“If we can have this kind of edifice that will bring in some funds, it will help in improving welfare of NRC staff.

“I hope the manager of this guest house will use this edifice in a right manner and I pray that you will use the laid down ethics standards for the benefit of every staff.”

Read:  CIBN honours Nova merchant bank CEO

Also, the Managing Director, Ojez Group, Mr Joseph Odobeatu, promised to support the corporation in reviving the facilities to bring refreshing feelings to recreation.

Odobeatu commended President Muhammadu Buhari, the Minister of Transportation as well as NRC board and management for transforming railway transportation in Nigeria.

He assured that security within the hotel would not be compromised by working closely with Nigerian Police Railways Command, private security as well as internal security team.

Odobeatu said that Ojez had lighted the hotel environment, endearing it to the people and giving them a reason to also own the project.

Pmnews

Related posts

Stock market investors gain N2.7trn in one week.

NigGal

FBN Insurance pays N16.1 claims

NigGal

How Dangote’s $18.5bn refinery’ll boost energy security, foreign exchange

NigGal

Stanbic IBTC grows income by 40% – Report

NigGal

Nigeria’s economy grew by 3.98% in Q4  2021, says NBS

NigGal

Stock market ends four-day gaining streak, loses N27bn

NigGal

Leave a Comment