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.
The construction of this first phase, which stretches 47.7 km within Lagos State, starting from Ahmadu Bello Way, commenced in March 2024 by Hitech Construction Company Limited.
Umahi made this disclosure during a recent event.
“The first section of the Lagos-Calabar Coastal Highway is going to be completed by May 29th and and we are going to toll it and we’re going to get back our money within 5 to 10 years,” Umahi said.
The Works Minister further disclosed that in addition to tolling, the Federal Government is planning to implement additional initiatives, including developing land along the corridor for tourism, factories, and housing, as part of efforts to further enhance returns on the project.
