The Zamfara State Government has achieved a major victory in its efforts to recover misappropriated assets, successfully reclaiming the Stonehenge Hotel, a prime state-owned property located in the heart of Abuja’s Central Business District....Read Full Article >>➤
This significant move is part of Governor Dauda Lawal’s broader initiative to recover government properties that were either misused or allocated improperly by the previous administration. The Stonehenge Hotel, which had been leased out to private individuals for an unprecedented 14-year term, has long been a subject of controversy due to the failure of the lessees to make any payments to the state during the entire duration of the lease.
The lease, which was agreed upon under the former administration, has left the state without much-needed revenue, despite the hotel’s prime location and potential to generate substantial income.
Governor Lawal’s government, in its ongoing mission to ensure transparency and accountability, has vowed to reclaim such properties for the benefit of the people of Zamfara. In a statement released on Monday, the state government confirmed the successful recovery of the Stonehenge Hotel, underscoring the importance of bringing state-owned assets back into public use.
The hotel’s recovery is expected to be a boon for Zamfara State’s finances, potentially generating hundreds of millions of naira in revenue. The state government plans to fully utilize the asset to ensure that it serves the public good and contributes to the state’s development. According to officials, the hotel will now be operated in accordance with state regulations, with strict oversight to ensure that it generates maximum benefits for the people of Zamfara.
“The ongoing recovery mission ensures that state-owned assets are brought back into public use for the benefit of Zamfara citizens,” the government’s statement read. “This is part of our larger effort to retrieve all public resources misappropriated by the previous administration.”
Governor Lawal, in line with his administration’s core values of accountability and good governance, emphasized that this move is just one in a series of initiatives aimed at addressing the financial mismanagement of the past. The government has also promised to continue its investigations into other potentially misallocated assets, with the goal of recovering as many resources as possible to benefit the people.
This initiative to reclaim the Stonehenge Hotel has been hailed by many as a major step toward ensuring the proper management of public resources and restoring public trust in government institutions. By holding previous administrations accountable for their actions, the current government is sending a strong message about its commitment to the responsible stewardship of public funds.
As investigations continue into other potential misappropriated assets, Zamfara residents and stakeholders are hopeful that the government’s recovery mission will lead to a more transparent and prosperous future. With the successful reclaiming of the Stonehenge Hotel, Governor Lawal’s administration is demonstrating its resolve to make a tangible difference in the lives of the people of Zamfara.
Further updates will be provided as the investigation progresses, with additional measures expected to be put in place to safeguard the state’s public resources moving forward.
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