Enugu govt, firm partner to revamp Nike Lake Resort

The Enugu State Government and the Landmark Africa Group have sealed a deal to revamp and further develop the potential of Nike Lake Resort, Enugu.

The deal is a joint venture in which the state government has given Nike Lake Resort as an asset, while Landmark is going to provide the management and operations of Nike Lake Resort to return it to its former glory, investing up to N10 billion in the first phase of the partnership.

Governor Peter Mbah described the Public Private Partnership (PPP) deal as another step that would bring the state closer to his administration’s ambition of growing the state’s economy to $30 billion in the next six years.

This was as the Landmark Group pledged to not only invest the initial N10 billion but also bring in up to two million visitors to Enugu yearly, create jobs, and ramp up the state’s Internally Generated Revenue (IGR).

Speaking during a brief deal-signing ceremony at the Government House, Enugu, Mbah, who described Nike Lake Resort as iconic, said his administration was intentional in the choice of Landmark Africa Group, given its superlative pedigree and experience in the hospitality industry.

“Landmark Group is a known name in the hospitality sub-sector. Your reputation and experience precede you. So, I was glad when I became aware that you indicated interest in coming in to manage and run the Nike Lake Resort.”