• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Real Estate and Construction

Lagos-Calabar Highway: Landmark has no claim to 250-metre shoreline – Umahi

Aghogho Udi by Aghogho Udi
May 1, 2024
in Real Estate and Construction, Sectors, Spotlight
David Umahi,
Share on FacebookShare on TwitterShare on Linkedin

The Minister of Works, Sen. David Umahi has stated that Landmark Africa has no claim to the 250-metre shoreline, which is part of the Right-of-Way for the Lagos-Calabar Coastal Highway being built by the Federal Government.

He stated this during the demolition of properties at the beachfront of the Landmark Resort, where he accused the owners of the properties of playing politics and pandering to public sentiments.

Sen. Umahi stated that the Federal Government made efforts to spare the properties of the company, noting that the core of the facility was spared.

RelatedStories

health insurance, EBSHIA,

Ebonyi state government begins construction of Enyim River bridge linking Ebonyi to Benue state 

May 16, 2025
FG, States and LGAs share N1.35 trillion as FAAC allocation in June

FEC approves N187 billion for remaining 96km of Benin–Shagamu–Ore Road 

May 7, 2025
  • He said, “No claim for Landmark. He has no claim. We spared all his infrastructure; we don’t pay for shanties. The shanties are on our Right-of-Way which is 250 meters from the shoreline. So, he has no claim.”
  • “We made all the efforts to spare all his infrastructure and that is why I say he is a politician while I’m an engineer. I don’t know the attention he is seeking.”

Backstory

The over 700-kilometre Lagos-Calabar Coastal Highway has generated heated debates over its cost, possibility of completion, and the destruction of properties and businesses along its Right-of-Way. The Presidential candidate of the Labour Party in the 2023 election, Peter Obi, has described it as a white elephant project and called on the Federal Government to use the funds to repair abandoned projects littered across the country.

Also, former Vice-President, Atiku Abubakar, has described the project as fraudulent considering the cost and funding model.

The CEO of Landmark, Paul Onwuanibe, had earlier called on the Federal Government to re-route the coastal road project, stating that demolishing the property would lead to job losses and closure of over 80 businesses that operate in the resort and an estimated loss of about 12,000 direct and indirect jobs.


Follow us for Breaking News and Market Intelligence.
Tags: David UmahiLagos – Calabar Coastal HighwayLandmark
Aghogho Udi

Aghogho Udi

My name is Aghogho Udi, a writer, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader African context. My focus lies in shedding light on the intricate connections between macroeconomics and politics, offering valuable insights that foster comprehension of Africa's prevailing economic landscape and the world in general.

Related Posts

health insurance, EBSHIA,
Real Estate and Construction

Ebonyi state government begins construction of Enyim River bridge linking Ebonyi to Benue state 

May 16, 2025
FG, States and LGAs share N1.35 trillion as FAAC allocation in June
Real Estate and Construction

FEC approves N187 billion for remaining 96km of Benin–Shagamu–Ore Road 

May 7, 2025
FG, States and LGAs share N1.35 trillion as FAAC allocation in June
Real Estate and Construction

FEC approves $651.7 million for 7th Axial Road project linking Lekki Deep Seaport to southern, northern states 

May 6, 2025
Funso Doherty drags FG, BPP and Hitech to court over alleged illegalities in Lagos-Calabar Coastal Highway contract
Real Estate and Construction

FG to commence construction of Cross River section of Lagos-Calabar Coastal Highway next week

April 7, 2025
Demolition of properties along Lagos-Calabar Coastal Highway Right of Way begins Saturday
Real Estate and Construction

Lagos-Calabar Coastal Highway built to withstand floods for 50 years – Umahi 

April 7, 2025
David Umahi,
Real Estate and Construction

Umahi warns of static loads from parked trucks, others threaten stability of Lagos bridges 

April 7, 2025
Next Post
FCMB Group Plc

FCMB’s Pre-tax profit surges by 193% in Q1 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Meet Bernard Arnault’s 5 children waiting to inherit his $280 billion fashion empire 
  • UK reopens visa application centers in Enugu and Port Harcourt 
  • BREAKING: Fidelity Bank confirms Supreme Court ruling on GCappa and Sagecom, computes N14 billion as settlement 

Follow us on social media:

Recent News

Meet Bernard Arnault’s 5 children waiting to inherit his $280 billion fashion empire 

Meet Bernard Arnault’s 5 children waiting to inherit his $280 billion fashion empire 

May 19, 2025
UK study visas

UK reopens visa application centers in Enugu and Port Harcourt 

May 19, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics