Man sends SOS to Buhari as FCT stops world’s largest LED board project in Abuja
The Chief Executive Officer of Lona Global Resources Limited, an indigenous outdoor advertising firm, Mr. Idoko Ilonah, has sent a Save Our Soul message to President Muhammadu Buhari and well-meaning Nigerians to help save his business by prevailing on authorities at the Federal Capital Territory (FCT) to restore the approval previously granted him to construct the biggest LED advertising board in the world.
Ilonah, who holds the record of constructing the biggest billboard in Africa in 2016 at the Nnamdi Azikiwe International Airport Road, Abuja by Lugbe Interchange, said he had expended about N800 million on the construction of the world’s largest LED board along the Airport Expressway/Wawa (Centenary District) before he was ordered to stop work.
He said he was granted approval by the FCT authorities before commencing the project, adding that he was shocked when the FCT Minister ordered stoppage of the construction of the world’s biggest outdoor based on a petition written by the Centenary City PLC.
Ilonah said his company had expended about N800 million on design and fabrication of steel and other items before the project was halted, adding that “I am still paying interest on the N300 million loan facility procured to kick-start the project, which the Guinness Book of Records was already tracking.”
He said the capitulation by the FCT had put him in a precarious situation, thereby making him to default on an agreement with a telecommunications company, which pre-paid N300 million as the first advertiser on the historic billboard.
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