The Minister of the Federal Capital Territory (FCT), Nyesom Wike, says the Bola Tinubu International Conference Centre generated N650 million three weeks after inauguration.
The centre was renovated by Wike-led FCT administration at N39 billion.
Speaking at a media parley in Abuja on Thursday, July 3, 2025, the minister said before the renovation of the conference centre, the FCT received a revenue of N50 million annually.
He stated: “Let me tell you how this country works. The man they gave the conference centre to was paying N50 million to the FCT every year.
“That place was commissioned on June 10, and the revenue made within three weeks was N650 million. Why? People love good things.
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“The president hosted the Economic Community of West African States (ECOWAS) heads of state in that international conference centre. Go and see the comments from ambassadors. People are rushing that place now.
“In fact, there’s no space. As I speak, it has been booked up to 2027.”
The FCT Administration came under criticism for spending N39 billion to renovate the conference centre.
Wike was also criticised for naming the renovated facility after President Bola Tinubu.
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