$100m Abuja Retail Mall To Generate 1,000 Jobs

The Jabi Lake Mall, Abuja, which is being built at a cost of $100m, will generate 1,000 jobs and increased revenue for the government through taxes when it opens for business in 2015, the firm handling the project, Actis, has said.

 

A director of Actis, Mr. Michael Ejekam, stated that the 900 workers had been engaged during the ongoing construction of the mall, adding that the facility would further generate 1,000 jobs with dramatic multiplier effects on the economy of the Federal Capital Territory and the country.

 

Ejekam, who said this during an inspection tour of the project on Tuesday, explained that the retail centre would be Nigeria’s largest and would offer grade-A shopping experience for Abuja residents and visitors.

 

He said the mall, which consists of over 100 shops, followed the success of other Actis malls in the country namely: The Palms and Ikeja City Mall in Lagos.

 

According to him, the two-storey mall being built on 30,000 square metres of land on the shores of the Jabi Lake will feature contemporary architecture and a lakeside boardwalk, with beautiful views over the water.

 

He explained that the building would offer cinemas, restaurants, cafes and a children’s arcade, adding that big stores such as Shoprite, Game and a Walmart subsidiary had already signed up as anchor tenants for 10,000 square metres of space.

 

Ejekam said, “The Jabi Lake Mall sits on five hectares of land on the eastern shore of the Jabi Lake, 10 minutes away from the Abuja Central Business District, and it is flanked by Garki, Maitama, Wuse and Asokoro, and has a very scenic view of the Jabi Lake.

 

“The multiplier effect of the mall on the Nigerian economy is enormous; already, it has created 900 jobs for construction workers and when completed, will further generate 1,000 jobs. Top retail stores like Shoprite and Game have already indicated interest in the mall, which will be the largest retail centre in the country.”

 

The director noted that economic indices indicated that the middle class had increased in sub-Sahara Africa, adding that the re-emergence of this group underpinned the investment focus of his firm.

 

Ejekam expressed confidence that the Jabi Mall would be completed on schedule, going by the speed of ongoing construction works.