The Federal Government has significantly increased compensation for property owners affected by the Lagos-Calabar Coastal Highway project, raising the total from N8 billion to approximately N18 billion. This announcement was made by Minister of Works, Dave Umahi, during a stakeholders’ meeting in Lagos.
Umahi stated that the new compensation figure reflects a commitment to fair and just compensation for those impacted by the construction. He noted that half of this amount has already been disbursed and emphasized the government’s focus on transparency, with details of the compensation to be publicly disclosed.
Despite the increase, some stakeholders, including legal and valuation experts, have expressed concerns over the adequacy of the compensation and the processes involved. Lawyer Olusola Enitan criticized the government’s approach, highlighting that many displaced individuals are struggling to replace their homes.
Umahi responded by assuring that the ministry is adhering to legal standards and is open to reviewing any claims to expedite the compensation process.
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