Skip to content
Calitown

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • POWA Seeks Partnership With UNICAL VC On Empowerment Initiatives For Women News
  • Family Demands N950m For Son Allegedly Shot & Killed By Cross River Governor’s Aides  News
  • Jarigbe Dumps PDP For APC … Says He Is Teaming Up With Pres. Tinubu! News
  • The Vanishing Representative: How Constituency Neglect & Sycophancy Became A Political Culture In Obubra/Etung Federal Constituency News
  • C’River: Two Beheaded In Renewed Ochon–Ofutop Communal Clash News
  • CRSG Shuts Down 36 Illegal Schools, More Schools May Follow! News
  • “God Will Give Gov. Otu Good Health, Long Life” – Osogi News
  • CRSG Splash N50 Million, Plot Of Land On Victorious National Female Footballer Miracle Usani News

Unical To Take Delivery Of 400-Room Hostel In December 2018

Posted on October 31, 2018October 31, 2018 By Admin No Comments on Unical To Take Delivery Of 400-Room Hostel In December 2018
The hostel under construction

We can reliably inform that barring any last minute hitch(s), the University of Calabar will on December 31, 2018, take delivery of a 400-room hostel, built as part of a Build, Operate and Transfer, BOT, arrangement between the university and a private investor.

While exclusively conducting www.calitown.com round the facility, Dan Oti, who represents Wandsworth Group, project financiers and infrastructure developers, the Group behind the investment, informed that when completed, the facility will accommodate 1,600 students of the institution.

Oti further disclosed that the hostel will have all “air conditioned rooms, 24-hours light, water and Wi-Fi. Each wing of this facility has a fully air conditioned reading room for 50 persons, a big courtyard, round the clock security and guarantees that occupants will have a good bargain for money paid”, he said.

It was also revealed to www.calitown.com that the investor will run the facility for a period of time, recoup their investment, before totally handing over the property to the university to run.

“Besides the arrangement in place, you can see that more than 200 persons are working here on the site and earning money daily from this N1.6 billion investment and you can imagine the domino effect all of this has on the domestic economy”, Oti pointed out.

Majemite Ajuyah, MD CEO, Wandsworth Group, who was also on site to receive www.calitown.com, said his company’s interest and investment in the project is borne out of a desire to help address the infrastructural failures of government and help provide adequate services to the people.

Ajuyah’s, who has 25 years banking experience under his belt, specifically pointed to www.calitown.com that the project was identified three years ago to bridge the accomodation gap in Unical. The project is the first hostel project that any pension fund in Nigeria has invested in.

Share this post:

Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on WhatsApp Share on Telegram
Cross River News, News Tags:University of Calabar, Wandsworth Group

Post navigation

Previous Post: Donald Duke Claims N5.6 Million Made In Three Years
Next Post: SDP In CR Repositions Ahead Of 2019 Polls

Related Posts

  • Doctored Salary Bill Dazes CR Governor, Responds With DSS Audit Cross River News
  • “Ayade Should Communicate His Vision For Cross River State To Cross Riverians” – Thomas Ofem Cross River News
  • CR North Senator Receives Accolades For Exceptional Representation Cross River News
  • CRSG Committed To Ensuring UNICROSS Ranks Among Leading Varsities In Nigeria Cross River News
  • Man Gets Life Imprisonment For Rape In Cross River Cross River News
  • UNICAL Lecturer In Soup, To Face Prosecution! Cross River News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Comments

  • Fayman on C’River: Two Beheaded In Renewed Ochon–Ofutop Communal Clash
  • Ben John on Ikom/Calabar Highway: Hellish Times Continue
  • Jane Luka Lamba on Edgerley, My Edgerley: With Nostalgia I Remember Edgerley!
  • CHATS on Politicians, Supporters Besiege PDP Office, Ndoma-Egba Backs Out Of Ward Congress

ADVERT: Click to Watch!

https://calitown.com/wp-content/uploads/2017/10/VID-20170928-WA0003.mp4
  • Selection of Bakassi Seaport Financial Advisor Transparent – FG News
  • C’River Deserves To Lead The South-South Development Commission: A Call For Fairness & Justice  Cross River News
  • PDP State Congress … Stalemate Looms In Cross River! Cross River News
  • B O M B: “I Run The CR Ministry Of Justice From My Pocket” – CR Attorney-General Breaking News
  • Burial May Further Widen Gulf In CR PDP News
  • Listen To The Audio That Sacked APC Candidates In CRS Cross River News
  • C’River LG Boss Hands Outrageous Empowerment Items To Indigenes News
  • See Man Who Uses Teeth To Lift Cartons Of Beer In Calabar Community

CALITOWN
...News, Here, Everytime

Quick Menu

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational

Copyright © 2021 calitown
172 Greenwood Avenue , Hull. East Yorkshire. HU6 9NY

Powered by PressBook News WordPress theme