*Landmark Group CEO Paul Onwuanibe
Following the recent policy of the government that starched off some choice waterfront from Landmark Group in Lagos, the company moved on and has secured waterfront land in Port Harcourt, in partnership with the Rivers State Government, to redevelop the once-popular Port Harcourt Tourist Beach into a world-class leisure, hospitality, and tourism destination.
The disclosure, made in a statement by Elsie Ogianyo, Brand and Corporate Communications Manager for Landmark Group, came days after CEO Paul Onwuanibe announced the company’s expansion into two African countries, three Nigerian states, and relocation of its headquarters from Lagos.
However, Business Hilights gathered that some levels of skeletal businesses will continue at Lagos business centre with no plan for further investment unless…
Rough estimates of losses at the Lagos waterfront was put at over 30m USD.
