The Federal Government has commenced the payment of compensation to owners of buildings and structures affected by the construction of the 700-kilometre Lagos-Calabar Coastal Highway.

The Minister of Works, DAVE UMAHI, who disclosed this at a stakeholders’ meeting in Lagos, said the government is commencing the payment worth 2.75 billion naira.

Highlighting some of the benefits of the coastal road, the Minister said many tourist attractions would be opened along the corridor as well as lands for estate development and industries.