Metro

Kano Targets N90m Yearly From Four Parks Under New PPP Deals

The Kano State Government expects annual revenue from four restored public parks to rise from about N5 million to N90 million after signing new management agreements with private operators, a projected increase of 1,700 per cent.

The state’s Commissioner for Water Resources, Environment and Climate Change, Dr Dahir M. Hashim, disclosed this on Monday during the signing and handover ceremony for the facilities.

Under the new public-private partnership (PPP) arrangement, private companies will manage and maintain the parks in exchange for agreed annual payments to the state government.

The facilities and their operators are Audu Bako Park, renamed Kano First Food Court, to be managed by Kano Food Court Limited for N15 million annually; Nassarawa Park, renamed Gida Gida Children’s Park, awarded to Infranexus Ltd for N30 million annually; Kakuri Park, renamed AKY Diplomatic Garden, to be managed by Prime Groove Construction Limited for N20 million annually; and Green Park, renamed AKY Elderly Garden, awarded to Chikenza Park and Restaurant for N25 million annually.

Hashim said the combined annual revenue from the four parks, previously estimated at N5 million, is expected to reach N90 million under the new agreements.

He added that payments had already been made to the state government, with some operators paying two to three years in advance.

Beyond increasing revenue, the commissioner said the agreements were designed to ensure regular maintenance and prevent the facilities from falling into disrepair again.

He said the initiative aligned with Governor Abba Kabir Yusuf’s plan to improve public recreational spaces, promote environmental sustainability and ensure the long-term upkeep of government-owned facilities.

According to Hashim, public parks provide residents with spaces to relax, spend time with family and friends, and enjoy a greener urban environment.

He also announced plans to introduce additional parks under the initiative, urging individuals and companies interested in conducting businesses or other approved activities within the facilities to contact the respective management firms.

However, he stressed that commercial activities must respect the parks’ recreational and environmental purposes.

The state government expects the new management arrangements to improve the condition of the parks while increasing revenue from public assets.

Related Articles

Back to top button