Massive payout: Compensation for Lagos-Calabar coastal road project reaches N18bn

TRIBUNE ONLINE NG 

THE payment of compensation to the affected property owners on the Right-of-Way of section one of the ongoing Lagos- Calabar Coastal Road has increased to N18 billion.

According to the Minister of Works, Mr David Umahi, the cost increased from the initial N8 billion to N18 billion, representing N10 billion increase.

The minister disclosed this on Sunday in Lagos during the National Assembly Joint Committee on Works and the Federal Ministry of Works’ stakeholders’ engagement on the ongoing Lagos-Calabar Coastal Highway project to address grey areas in the construction process.

He told the audience that the 700-kilometer coastal road from Lagos to Calabar has come to stay, appealing to affected property owners to cooperate with the Federal Government and consider the payments of compensation being made available to them.

Umahi also said within the next 10 days, the ministry will complete the payments of compensation of all enumerated affected properties, adding that the review of the environmental and social impact assessment of the highway would take care of all concerns.

Some of the affected people complained about the shifting of the road’s alignment from the original plan. They also complained about the meagre compensation made available to them, describing it as ridiculous.

 

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Massive payout: Compensation for Lagos-Calabar coastal road project reaches N18bn

 

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