President Bola Tinubu announced that the Lagos-Calabar Coastal Highway would significantly enhance access to production and marketing centres for 30 million Nigerians.
The president made these remarks on Sunday in Lagos during the official launch of the 700km highway project, coinciding with the celebration of his first year in office.
Tinubu highlighted the manifold benefits of the highway, emphasizing its potential to provide direct and indirect employment for thousands and create vast economic opportunities. “The construction phase will offer direct employment to thousands and indirect employment to tens of thousands, enhancing economic opportunities for millions,” Tinubu stated.
The project, initiated in March, spans nine states with extensions into northern regions. Despite facing criticism for the timing and the necessity to demolish several buildings, the project aims to improve regional connectivity and economic development. Minister of Works, David Umahi, recently revealed that 750 houses are slated for demolition to make way for the highway, with an estimated N2.75 billion allocated for compensation to affected property owners.
In response to the criticism, Tinubu appealed for public understanding, particularly from those directly impacted by the project. He assured them of the government’s commitment to providing adequate compensation. “We all must make sacrifices for our country’s growth. Rest assured, this government is compassionate and will provide the necessary support through compensation,” Tinubu said.
The president described the Lagos-Calabar Coastal Highway as more than just a road, but a symbol of hope, unity, and prosperity. He compared its potential economic impact to Ireland’s Wild Atlantic Way, which generates significant tourism revenue.
The project is expected to foster trade, boost tourism, and create new opportunities for future generations. It will connect neglected towns and cities, address the limitations of existing ports, and stimulate business and investment along the coastal corridor.
Commending the efforts of the Minister of Works and private investors, Tinubu emphasized the significance of safety, sustainability, and social responsibility in the project’s execution. He highlighted the importance of the EPC+F (Engineering, Procurement, and Construction Plus Finance) model, which combines federal investment with private funding.
The president underscored the project’s importance in enhancing connectivity, facilitating economic growth, and improving the quality of life for Nigerians. He also announced the commencement of the massive rehabilitation of 330 roads and bridges nationwide.
Acknowledging the contributions of key stakeholders, including corporate leaders and private investors, Tinubu reiterated the government’s commitment to bold endeavors that would build a prosperous future for Nigeria.
The Lagos-Calabar Coastal Highway is a 10-lane road designed to link Lagos to Cross River, passing through Ogun, Ondo, Delta, Bayelsa, Rivers, and Akwa Ibom states. The road will be constructed using concrete pavement, ensuring durability and longevity.
Additionally, a committee has been established to review, assess, and compensate landowners affected by the highway’s construction. The committee comprises representatives from the ministry, Lagos State, affected communities, and other stakeholders, tasked with verifying claimants, assessing affected properties, and determining appropriate compensation.
With this project, the Tinubu administration aims to leave a lasting legacy of improved infrastructure, economic growth, and enhanced connectivity for generations to come.
