Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home News

₦39bn International Conference Centre Renovation Cost Under Scrutiny By Analyst

byeditor
June 13, 2025
in News, Nigeria News
Reading Time: 2 mins read
International Conference Centre

L-R: President’s Chief of Staff, Femi Gbajabiamila; Senate President Godswill Akpabio; FCT Minister Nyesom Wike; President Bola Tinubu; and FCT Minister of State, Mariya Mahmoud at the commissioning of the International Conference Centre in Abuja on Tuesday, June 10, 2025. Credit: X/@PBATMediaCentre

Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

An ex-banker, Etim-Etim, has questioned the ₦39 billion renovation cost for the International Conference Centre in Abuja, calling for more transparency in the allocation of funds for federal projects.

“Even if you discount the inflation and all the devaluations, you cannot account for ₦39 billion,” Etim said on Channel Television’s Inside Sources with Laolu Akande on Friday.

He questioned how the International Conference Centre constructed for under ₦300 million in 1991, could now require ₦39 billion in renovation costs.

READ ALSO

Lagos Renames Streets After Tinubu, Sunny Ade, Olamide, Others [Full List]

Eko DisCo Announces 25-Day Power Outage In Lagos

Etim was responding to questions about President Bola Tinubu’s administration’s two-year performance. He sharply criticized what he described as a decline in the quality of governance and a worrying lack of transparency in federal projects and public officials’ conduct.

“The quality of governance has degenerated. People are complaining of authoritarian tendencies, people are complaining about a lack of the rule of law, and a lack of transparency in some of the transactions we’ve seen,” he said.

The International Conference Centre was renovated with ₦39 billion and commissioned on Tuesday. The project was renamed after President Tinubu. The renovation cost has drawn wide criticism from different quarters, with many describing the amount as outrageous.

Critics ‘Don’t have good taste’
However, FCT Minister Nyesom Wike has defended the project cost, saying the centre needed an overhaul.

“The only thing in that International Conference Centre that was not changed was the block work. Everything in that Bola Ahmed Tinubu International Conference Centre was changed,” the FCT minister said on Friday at the commissioning of the newly constructed Left-Hand Service Carriageway in the nation’s capital

“Nigeria, as the Giant of Africa, must not only show that it is the Giant of Africa; people must see what makes you to be the Giant of Africa. Nobody who loves this country would criticise the International Conference Centre.

“They said we did not name the International Conference Centre after someone who built it. Nnamdi Azikwe International Airport was not built by Nnamdi Azikwe. Moshood Abiola International Stadium was not built by Moshood Abiola,” he said.

Wike said those criticising the amount of money spent on the rehabilitation of the International Conference Centre “don’t have good taste.”

Related Posts

Lagos Renames Streets
News

Lagos Renames Streets After Tinubu, Sunny Ade, Olamide, Others [Full List]

July 26, 2025
Power Outage
News

Eko DisCo Announces 25-Day Power Outage In Lagos

July 26, 2025
AI Investment
News

Google Unveils $37M AI Investment And New Community Center In Africa

July 26, 2025
Kogi Photojournalist's Murder
Metro/Crime

Suspect In Kogi Photojournalist’s Murder Found Dead In Hotel

July 24, 2025
LPPC
News

FULL LIST: LPPC Elevates 57 Legal Practitioners To SAN Rank

July 24, 2025
Osahon Okunbo
News

Osahon Okunbo Backs Emerging Artists With Bold Vision At Freedom Park

July 23, 2025
Next Post
SunTrust Bank

EFCC Arraigns SunTrust Bank Executives Over Alleged $12 Million Fraud

LATEST COVER

Priscilla Ojo

GPBN Associates Member

Fidelity Bank

Zenith Bank

Male Housemates

BBNaija Season 10: 14 Male Housemates Unveiled After Previous Female Reveal

July 27, 2025
Sacred Love Teasers August 2025

Star Life: Sacred Love Teasers August 2025

July 27, 2025
WAFCON

WAFCON: Ajibade, Nnadozie Win Best Player, Goalkeeper Awards

July 27, 2025

Meet The 15 Female Housemates Of BBNaija Season 10

July 27, 2025
WAFCON

UPDATED: Super Falcons Lift 10th WAFCON Trophy

July 26, 2025
Female Housemates

BBNaija S10: 15 Beautiful Female Housemates Enter Into Biggies House

July 26, 2025
Lagos Renames Streets

Lagos Renames Streets After Tinubu, Sunny Ade, Olamide, Others [Full List]

July 26, 2025
Solar Powered Bags

Fidelity Bank Launches Solar Powered Bags For School Children

July 26, 2025
Lost In Love Teasers August 2025

Star Life: Lost In Love Teasers August 2025

July 26, 2025
Power Outage

Eko DisCo Announces 25-Day Power Outage In Lagos

July 26, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush