The Federal Government plans to begin constructing train tracks on Section I of the Lagos-Calabar Coastal Highway in 2025.
The Federal Government has announced plans to review the Lagos-Calabar Coastal Road project to reduce costs and scale down the lanes from 10 to six.
The Federal Government has raised the compensation for property owners affected by Section 1 of the Lagos-Calabar Coastal Highway project, increasing the amount from an initial N8 billion to approximately N18 billion.
The Federal Government has commenced stakeholder engagement on the 63-kilometer Ondo State segment of the Lagos-Calabar Coastal Highway project.
The Minister of Works, David Umahi, has announced that the first section of the Lagos-Calabar Coastal Highway is set to be completed by May 29, 2025, after which it will be tolled for 5 to 10 years to recover construction costs.
Funso Doherty, a political activist who previously contested for the Lagos State gubernatorial election, has taken the Federal Government, the Bureau of Public Procurement (BPP), and Hitech Construction to court over alleged illegalities in the awarding and commencement of the Lagos-Calabar Coastal Road project.
Akwa Ibom State is set to gain 107 kilometres of the 700-kilometer Lagos-Calabar Coastal Highway as President Bola Tinubu prepares to flag off Sections 3 and 4, linking Cross River to Akwa Ibom.
The Federal Government states it is withholding compensation payments to affected property owners on the Lagos-Calabar Coastal Highway project due to alterations in the initial plan.
President Bola Tinubu has said that the Lagos-Calabar Coastal Highway will generate direct employment for millions of Nigerians and benefit over 30 million people across the country.
The management of Landmark Beach Resort announced that it is pursuing investment opportunities in states other than Lagos and in other West African nations after the demolition of part of its properties in the southwest state.
The Federal Government has announced the commencement of construction on section three of the Lagos-Calabar coastal highway, starting from Calabar in Cross Rivers State, and section four from Akwa Ibom, pending the completion of the procurement process.
Ben Murray-Bruce, a former senator representing Bayelsa East from 2015 to 2019 and founder of the Silverbird Group, has stated that the Lagos-Calabar coastal highway will be a lifeline for business and a catalyst for economic development.
