Nigeria still wanting to spend N2.4bn despite recession

FG to spend N2.4bn on Abuja property for Hajj commission

The federal government has approved the sum of N2.4 billion for the purchase of Abuja Metro Plaza to serve as the Corporate Headquarters of the National Hajj Commission of Nigeria (NAHCON).

According to a statement issued by the Chairman of NAHCON, Abdullahi Mohammed, the approval was given on Wednesday at the weekly Federal Executive Council (FEC) meeting chaired by the Acting President Prof. Yemi Osinbajo.Mohammed said: “The approval was granted consequent upon the commission’s ability to raise the sum of N2 billion out of the N2.4 billion of the agreed price.

“The balance of about N500 million which is about 20 per cent is to be funded from the commission’s 2017 budget appropriated capital expenditure.

“The main building of the property after renovation will serve as NAHCON’s Corporate Headquarters complete with conference halls, board rooms, training centre etc while the two annexes are to be rented out for the commission to generate revenue in its strive to achieve financial autonomy from government.”