The Federal Government on Wednesday commenced compensation of people who own buildings and structures affected by the construction of the 700-km Lagos-Calabar Coastal Highway.
The Minister of Works, Dave Umahi, who disclosed this at a stakeholders’ meeting in Lagos, said the government is commencing the payment worth N2.75 billion spanning channel 0 to 3 today.
“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 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 said.
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Assigning the route technically on the occasion where he also unveiled the newly designed route, Umahi assured Nigerians that the route was in the best interest of Nigeria.
The Minister further emphasized that many tourist attractions would be opened along the corridor as well as lands for estate development and industries.
Olukorede Keisha, the federal controller of works in Lagos, said the compensation will be done in phases.
The property owners, who were compensated, are those who have structures within channels 0 and 3 of the project.
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