The Federal Government has confirmed that it would pay compensation to all property owners along the path the 700 kilometre Lagos-Calabar Coastal Highway would be passing through across nine states.
The Minister of Works, DAVID UMAHI, who said President BOLA TINUBU had approved the payment of compensation to all affected property owners, also listed the requirements and conditions affected residents must meet to qualify for the compensation.
While clarifying that the construction of the Lagos-Calabar coastal Highway would tentatively gulp 15.36 trillion naira or 4.39 billion naira per kilometre, the minister said the government had extended the eviction notice for property owners affected in the multi-trillion naira project.
UMAHI, while speaking at a stakeholders meeting with affected residents in Lagos, said that the works ministry would only provide compensation to deserving individuals based on approved documents.
He said an environmental impact assessment valuation had been concluded on the affected buildings, noting that owners of shanties and illegal buildings would not be paid.