Lagos State Governor Babatunde Fashola, unveiled the N30 billion tallest hotel in West Africa, the Intercontinental Lagos. The hotel located at Kofo Abayomi Street, Victoria Island, Lagos, is a 23-storey building with 358 rooms, 37 suites and a presidential suite.
The Intercontinental Lagos, a subsidiary of the Intercontinental Hotel Group, IHG, is owned by the Milan Group. Fashola said the new hotel showed that the economy of the country was witnessing growth daily but without corresponding employment.
He revealed that the Lagos State Government, Skye Bank and Wema Bank were supportive of the project. According to Valechha, building of the hotel cost over N30 billion, while 650 jobs were created for Nigerians.
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