According to Nigeria Political Economist, the secret deal which was successfully shielded from the Nigerian media, in spite of a subsisting concessioning arrangement with the Bureau of Public Enterprises, BPE, was signed and sealed in December, 2014 between a delegation led by Mr Edem Duke,Minuster of Tourism and Culture , the General Manager of the National Theatre, Kabiru Yar’Adua and representatives of Mulk Holding, said to be ploughing the sum of $40 million (about N7.5 billion) counterpart fund into the project!
