FG Compensates Property Owners On Coastal Highway RoW With Additional ₦10bn

The Nigerian government has expressed readiness to award property owners in the Lagos-Calabar highway Right of Way (RoW) with additional N10 billion compensation.

This brings the total compensation paid for properties on that corridor to N18 billion.

David Umahi, Minister of Works made this known recently at a stakeholders’ engagement on the coastal highway project.

He noted that the compensation is for property owners affected by the construction of Section One of the project where properties have been demolished.

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“The Federal Executive Council (FEC) initially approved N8 billion for this corridor, but today we are hitting 18 billion, and this is just for Section One,” the minister said.

He explained further that the compensation figures were based on assessments by independent professionals and would be made public with property details for transparency, urging those yet to get their compensation to expect it within 10 days.

He added that half of the payments have been made and the ministry has remained transparent in the process.

Akin Alabi, chairman of the House of Representatives Committee on Works, commended the minister for the level of transparency and engagement demonstrated in the compensation process.a