Nigeria’s bid to build the world’s biggest billboard could be truncated if the Federal Capital Territory (FCT) authority refuses to restore approval previously granted to construct the billboard.
The Chief Executive Officer of Lona Global Resources Limited, Mr. Idoko Ilonah, an indigenous outdoor advertising company, who stated this, disclosed that the construction of the largest LED board in the globe will put the country on the world map.
In a Save Our Soul message to President Muhammadu Buhari and well-meaning Nigerians, Ilonah appealed that the authorities at the FCT should be prevailed upon to restore the approval previously granted him to construct the biggest LED advertising board in the world.
Ilonah who holds the record of constructing the biggest billboard in Africa in 2016 at the Nnamdi Azikiwe International Airport Road, Abuja by Lugbe Interchange, said he had expended about N800 million on the construction of the world’s largest LED board along the Airport Expressway/ Wawa (Centenary District) before he was ordered to stop work. He said he was granted approval by the FCT authorities before commencing the project.
He said, “I was shocked when the FCT Minister ordered stoppage of the construction of the world’s biggest outdoor based on a petition written by the Centenary City PLC. My company had expended about N800 million on design and fabrication of steel and other items before the project was halted. I am still paying interest on the N300 million loan facility procured to kick-start the project which the Guinness Book of Records was already tracking.
“The capitulation by the FCT had put me in a precarious situation by making me to default on an agreement with a telecommunications company which pre-paid N300 million as the first advertiser on the historic billboard.
“I seek help from President Buhari and other concerned Nigerians to intervene in order to enable me revive the project, as this will help to realise the desire of putting the country on the world map through the construction of the largest LED board in the globe.