Business
Landmark Group signs deal Enugu govt to run Nike Lake Resort
Landmark Group has signed a 35-year lease deal with the Enugu State Government to take charge of the Nike Lake Resort.
The agreement was signed on Wednesday at the Enugu State Government House in the presence of stakeholders.
Under the lease agreement, the Landmark Group headed by Paul Onwuanibe would take over the 150-hectare Nike Lake Resort and seek to reposition it as one of Africa’s biggest tourist attractions.
The Nike Lake resort has been a major tourist attraction for years and the deal with Landmark Group is set to elevate it further.
This deal with the Enugu state government follows a similar agreement signed with the secured waterfront land in Port Harcourt, in partnership with the Rivers State Government, to redevelop the once-popular Port Harcourt Tourist Beach into a world-class leisure, hospitality, and tourism destination by Landmark.
These agreements come as Landmark seeks to bounce back from the demolition of its $30billion Lagos resort by the government and more of such partnerships are expected in the coming months.