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"FG Unveils Ambitious Lagos-Calabar Coastal Road Project: Eight-Year Timeline, N4bn/Km Cost, And Tolling System Planned" The Hype Naija

The Federal Government has announced a massive infrastructure project: the construction of a brand new coastal highway stretching from Lagos to Calabar. This ambitious undertaking, revealed by the Minister of Works, Dave Umahi, promises to significantly improve connectivity between the country’s major southern cities.

Eight Years to Completion

Minister Umahi, speaking on Channels Television’s “The Morning Brief” program, stated that the project is expected to take eight years to complete, falling within the current presidential term of President Bola Tinubu. This timeline highlights the significant scale of the construction and the transformative impact it aims to achieve.

Cost and Transparency

The Minister addressed concerns regarding the project’s cost, revealing that each kilometer of the road is estimated at N4 billion. He emphasized the government’s commitment to fiscal responsibility, stating that this cost represents the most “prudent” approach compared to past projects. He further clarified that efforts are underway to review and potentially reduce the costs of existing projects.

However, Minister Umahi acknowledged the tentative nature of the N4 billion per kilometer figure, leaving room for potential adjustments.

Toll System for Repayment

The Federal Government plans to recoup the investment through a tolling system implemented along the coastal road. Minister Umahi outlined a preliminary vision for this system, estimating an average daily passage of 50,000 vehicles.

To account for different vehicle types, an average toll fee of N3,000 is being considered. This would translate to potentially lower fees for smaller vehicles and higher fees for larger trucks.

Toll Revenue and Project Sustainability

The Minister expressed confidence that the toll revenue generated over a 15-year period would be sufficient to cover the project’s cost. This approach aims to address concerns about the project’s financial feasibility.

Additional Considerations

Beyond the core road construction, the Minister highlighted plans to incorporate security measures and essential facilities at toll gates. These facilities could include filling stations, restaurants, and parking lots, enhancing convenience and safety for travelers. Additionally, CCTV cameras are envisioned throughout the route to bolster security.

Overall Impact

The Lagos-Calabar coastal road project has the potential to be a game-changer for Nigeria’s infrastructure landscape. By connecting major economic hubs and fostering regional integration, it could stimulate economic growth, trade, and tourism along the southern coast. The planned eight-year timeline underscores the project’s long-term vision, and the toll system, while raising concerns about affordability for some, aims to ensure its financial sustainability.

Public Dialogue and Transparency

While the project presents exciting possibilities, ongoing public dialogue and transparency are crucial. Open communication regarding final costs, toll fees, and the construction timeline will be essential for building public trust and ensuring the project’s successful execution. Furthermore, ensuring equitable access for all travelers, through potential exemptions or discounts for specific demographics, could be a point of consideration.

The Lagos-Calabar coastal road project signifies the Federal Government’s commitment to infrastructural development. As the project progresses, close monitoring and public engagement will be vital to ensure its successful completion and its lasting positive impact on Nigeria’s economic and social landscape.

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Ade is consistent in the world of politics, tech and entertainment. He is really updated on the recent happenings in the world and has a skin in the game.

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