ATBU ₦130m Hotel Commences Operations in March

The General Manager, ATIL Ltd., Awal Amin, says a N130 million hotel being constructed by Abubakar Tafawa Balewa University (ATBU) Bauchi, will be operational in March.

Amin made this known on Tuesday in Bauchi when ATIL Ltd., the contractor handling the project was taking newsmen to inspect the level of completion.

Amin said that the three storey building, which consists of 52 rooms with 30 singles and 20 suits, was being funded with N130 loan from Guarantee Trust Bank.

He said that the loan was repayable in three years with six months moratorium following the N155 million bill of quantity arrived at after a quantity survey carried out by the company.

Amin said that ATIL would source for additional fund to enable it complete the project.

He said that the hotel also had two special pent houses with two toilets, two living rooms, three restaurants, super market and laundry that could accommodate a family of seven.

The manager said that the hotel would be open to customers in March to enable the company commence repayment of the loan.

myfinancialintelligence.com