FG, Private sector collaborates to establish 150 stores at the Lagos National Stadium.
As part of the ongoing refurbishment of the stadium, the Federal Government plans to construct 150 new shops within the ‘new look’ National Stadium in Surulere, Lagos.
President Muhammadu Buhari is anticipated to support the proposal, which is part of the new arrangement’s ambitions to transform the complex into a suitable sports venue.
Sunday Dare, the Sports Minister, is currently working with the Infrastructure Concession Regulatory Commission (ICRC) to bring the stadium up to code.
The ICRC is a federal organization in charge of developing and implementing the Public-Private Partnership framework for infrastructure services.
When it opens to the public very soon, the stadium will include a petrol station, banks, and other noteworthy vital services, among other amenities under the new layout.
Remember that the Ministry of Sports swept out over 100 stores at the site over a year ago in an effort to sanitize operations.
“We were harsh with just one mission to clear out the area because our athletes require the facilities to train and maintain fit,” Dare stated, adding, “We were strict with only one mandate to clear out the place because our athletes need the facility to train and keep fit.”
“At the stadium, which is mostly a sports facility, there were other drink establishments and other activities going on.
“Now we’re restoring the glory.” It will be a gradual process, but first we need to reopen new shops, and we’re working with the ICRC to make sure we’re doing everything right. Nigerians will be pleased with the stadium’s improvement in the near future.
“After 19 years of neglect, we’re bringing the stadium back in under two years.”
