Private Finance To Help Bauchi Achieve Urban Planning Targets – Professor Adamu Ahmed
Under a land swap arrangement, the KK Kingdom Nigeria Limited will invest N4.5 billion in the first instance, to deliver top-class serviced plots on 81 Hectares of prime land and a 2.8 km dual carriageway, part of the inner southern bye-pass corridor, in exchange for right over a percentage of serviced plots.
Bauchi State Commissioner of Lands and Survey, Professor Adamu Ahmed disclosed this when fielding questions from our correspondent over plans of the state government to reclaim the city center, 45 years after the master plan was approved
“The project is being implemented under a public private partnership with Abuja based indigenous Investment & construction company, KK Kingdom Nigeria Ltd,” he said.
Professor Ahmed said that at the flag-off ceremony performed by Governor of Bayelsa State, the Executive Governor of Bauchi State, Bala Mohammed, reiterated his commitment to the upgrade of essential infrastructure, through urban renewal to prepare the State for sustainable growth and development.
“The scheme accommodates a 3 Arms housing zone for the Legislature, Judiciary and the Executive, a multifunctional corridor, recreation, and public facilities areas.
“The 1976 Masterplan had recommended the relocation of the old Airport from the heart of the city, to pave way for a modern city center a part of which was to accommodate the Federal and State Secretariats, the stadium, and a multifunctional corridor of banking services,” he added.