Key Takeaways
- The Lagos-Calabar Coastal Highway project has moved beyond Epe in Lagos State
- Construction is ongoing across five states, including Ogun, Ondo, and Akwa Ibom
- The project has created over 1,000 jobs and is expected to boost economic activities along the corridor
The Minister of Works, Engr Dave Umahi, has announced that the Lagos-Calabar Coastal Highway project has made significant progress, with construction ongoing across five states. The minister stated that the project has moved beyond Epe in Lagos State and is currently underway in Ogun, Ondo, and Akwa Ibom states.
Umahi spoke during an inspection of Section 4B of the highway in Ondo State, where he noted that the project is one of the flagship infrastructure projects of President Bola Tinubu’s Renewed Hope Agenda. The minister emphasized that the coastal highway would not only connect states but also create employment opportunities and boost economic activities along the corridor.
Project Progress and Funding
The minister reported that construction had commenced on the longest stretch of the project, a 180-kilometre dual carriageway section in Akwa Ibom State. He also noted that the project had created over 1,000 jobs, both direct and indirect, and was expected to boost commerce, agriculture, and education in the region.
Umahi addressed concerns over funding, describing the project as one of the most transparent infrastructure initiatives undertaken by the Federal Government. He noted that Deutsche Bank, which is financing Section 1 of the highway, had described the design and construction as being “in perfection” and had oversubscribed the loan facility by $100 million.
Benefits and Implications
The Lagos-Calabar Coastal Highway project is expected to have a significant impact on the economy and development of the region. The minister noted that the project would create employment opportunities, boost economic activities, and improve commerce, agriculture, and education in the region.
Umahi urged residents of the Niger Delta region to support the project, insisting that those criticising the highway were not acting in the interest of the people. He emphasized that the project was a key part of President Tinubu’s Renewed Hope Agenda and would have a lasting impact on the region.
Why This Matters
The Lagos-Calabar Coastal Highway project is a critical infrastructure initiative that has the potential to transform the economy and development of the region. With its expected completion, the project will create a significant impact on the region, providing jobs, boosting economic activities, and improving the overall quality of life for residents. As the project continues to progress, it is essential to monitor its development and ensure that it is completed as promised, bringing tangible benefits to the people of the Niger Delta region.