In a recent development, the Federal Government has pledged to allocate N2.75 billion in compensation to property owners impacted by the demolition required for the construction of the Lagos-Calabar Coastal Highway, stretching from channel 0 to channel 3.
The disclosure came from the Minister of Works, David Umahi, who confirmed that the compensation would be disbursed on Wednesday, May 1, 2024. Umahi made this announcement during a stakeholders meeting convened in Lagos State on the same day.
Furthermore, Umahi mentioned that additional compensation is anticipated to be provided in the coming days, underscoring the government’s commitment to addressing the concerns of affected individuals as the highway project progresses.