The federal government has commenced compensation of people who own buildings and structures affected by the ongoing Lagos-Calabar Coastal Highway project.
Dave Umahi, the minister of works, making this disclosure during a stakeholders’ meeting in Lagos, noted that the government is commencing the payment worth N2.75 billion spanning channel 0 to 3 today.
Umahi said: “We have rerouted a number of places. At the ocean view, we saved 168 very beautiful duplexes. We have to go back to the shoreline.
“I wish to flag off the compensation from channel 0 to channel 3 in a total sum of 2.75 billion.
“That is very ambitious and it’s my pleasure to invite the Director of Design and the Controller to call the people and give them the symbolic amount agreed upon. 1 PM tomorrow, you will all get your alerts as agreed.”
Umahi assured Nigerians that the infrastructural project was in the best interest of Nigeria.
Highlighting some of the benefits of the coastal road, he said many tourist attractions would be opened along the corridor as well as lands for estate development and industries.
