Property owners impacted by the demolition for the Lagos-Calabar Coaster Highway will receive N2.75 billion in compensation from the Federal Government. Works Minister Dave Umahi announced this during the unveiling of the project’s new design routes in Lagos on May
1. The first batch of affected property owners received compensation at the Federal Ministry of Works ceremony.
The highway aims to link Lagos to Cross River, passing through several coastal states, with controversy arising over the demolition of Landmark Beach Resort, valued at $200 million, to clear the project’s path.
The total project cost is estimated at N15 trillion