Landmark Africa Group has reached an agreement with the Enugu State Government to take over the 150-hectare Nike Lake Resort, a key tourism site in Enugu, under a 35-year lease.
This partnership aims to reposition the iconic resort as a world-class tourism and leisure destination, contributing significantly to the state’s vision of sustainable economic growth and enhancing its global recognition. With plans to attract over three million visitors, the move represents a critical step in Enugu’s strategy to bolster its tourism, business, and investment sectors.
The announcement was made when Governor Dr. Peter Mbah of Enugu expressed excitement about the potential of the Nike Lake Resort to play a pivotal role in the state’s future.
Governor Mbah committed to supporting the development of the resort by providing necessary infrastructure, viewing the project as an opportunity to raise Enugu’s profile as a prime destination for both tourism and business. The partnership with Landmark Africa Group aligns with his broader vision of making the state a regional hub for investment and a better living place.
Landmark Africa’s managing director, Paul Onwuanibe, who has played a significant role in advancing the group’s interests, expressed gratitude for the opportunity. Onwuanibe emphasized that the group’s investment would not only transform the Nike Lake Resort but would also generate substantial employment for the youth of Enugu and contribute to the state’s economic growth.
The resort is expected to become a central hub for tourism, leisure, and hospitality, attracting both domestic and international visitors.
However, this promising venture marks a significant shift for Landmark Africa Group, especially following a challenging and controversial period for the company in Lagos, where it faced the demolition of its landmark beach project.
Landmark Africa Group was initially known for its ambitious project, Landmark Beach, located along the Lagos coastline. This initiative was set to become one of the most prominent leisure and hospitality destinations in West Africa, combining residential, commercial, and recreational spaces. The beach development was positioned as a major economic booster for Lagos, a state known for its economic vibrancy and status as a cultural and commercial hub.
However, Landmark Beach faced significant setbacks due to regulatory challenges and disputes over land ownership and development permits. The situation escalated in 2022 when the Lagos State Government ordered the demolition of the Landmark Beach complex.
The reasons for the demolition were linked to claims of illegal construction and violations of building codes, with the government citing concerns about the environment and sustainability of such developments along the coastline. In addition, there were issues related to coastal erosion, environmental degradation, and the improper use of land designated for environmental protection.