The fall in the value of naira prevented foreign investors from investing in the mall and delayed its reconstruction, said Olumide Akinsanya, the CEO of Median Infrastructure Company Development Ltd, a major investor in the project.
“I told Mr Speaker, give me a space, I will give you a market square. Give me a carcass, and I will give you a four-star hotel.” “What you are seeing there is just a building, an uncompleted building. An uncompleted building is not a hotel, until it is a hotel. We will turn that uncompleted building into a hotel.”
Mr Akinsanya, at the inauguration of the mall, commended the Akwa Ibom government for the ease of doing business in the state.