A world class stadium worth N35 billion is to be constructed alongside other sports facilities by Buoshishi Nigeria International Limited at Elebele, in the Ogbia local government area of Bayelsa State to promote sporting activities.
This was one of the major resolutions reached at the 40th session of the Bayelsa State Exe...cutive Council meeting presided over by Governor Seriake Dickson in Government House, Yenagoa.
Briefing newsmen alongside the commissioner for Information and Orientation, Deacon Markson Fefegha, shortly after the meeting, the Commissioner for Works and Infrastructure, Mr. Lawrence Ehwrudjakpo explained that, Buoshishi International Company would solely fund the project, which is to be completed within 48 months.
According to Mr. Ehwrudjakpo, after the completion and verification of the twenty-five thousand, five hundred capacity stadium, the contracting firm would recoup its funds from the self-funding and revenue generating facility as it would be equipped with hotel and other facilities.
He said a team has also been set up comprising the Commissioner for Special Duties, as Chairman, while his counterparts in the ministries of Sports Development and Works and Infrastructure would serve as members in addition to inputs from consultants to ensure that the project is executed according to international standard.
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Sports