Managing Director of the Cross River State-owned Tinapa Resort in Calabar, Ojong Ayiba and the General Manager, Francis Ekom over the weekend, said the destruction and looting of the Africa Premium Business Resort last Saturday will cost over N250 billion to renovate.
They made this known while addressing journalists during an on-the-spot assessment of the vandalised property.
The officials said the industrial warehouse where private investors kept their goods were also destroyed and set on fire by the hoodlums during the attack.
Some hoodlums in search of palliatives broke into the resort and ransacked the warehouse where bags of rice and other food items were stored.
Nigerians who found it unbelievable that the extent of damage would cost that much in repairs, took to social media to express their opposition to the request, describing it as outrageous owing to the fact that the Resort which was built by the Donald Duke’s administration (1999–2007) at a cost estimated at over N60 billion.
