- The Federal Government has increased the compensation for property owners impacted by the Lagos-Calabar Coastal Highway project from N8 billion to N18 billion
- While some Nigerians have praised the compensation hike, others have raised concerns about the adequacy and transparency of the process
- TheRadar compiled public reactions following the announcement by Minister of Works Dave Umahi below
Nigerians have expressed mixed reactions following the federal government’s announcement to raise the compensation for property owners affected by the construction of Section 1, Phase 1 of the Lagos-Calabar Coastal Highway.
The Minister of Works, Dave Umahi, disclosed the government’s decision to increase the compensation package from an initial N8 billion to approximately N18 billion at a stakeholders’ engagement on the ongoing project in Lagos on Sunday, November 3.
Umahi said, “The Federal Executive Council initially approved N8 billion for this corridor, but today we are hitting N18 billion, and this is just for section one.”
Following the announcement, reactions have poured in from the public with many acknowledging the increase as a positive move, while others raised concerns over the adequacy and transparency of the compensation process.
Nigerians react to Lagos-Calabar highway compensation increase
TheRadar compiled some of the reactions below:
“Please could they show us evidence- because this should be a matter of said and done,” HoneyoutofDeRock stated.
“That's thoughtful of the federal government,” Scholar Eromosele reacted.
“Not until the victim comes out to say they received compensation I’ll not believe this because 50% of this money will not even get to them,” Black Diamond added.
“Well done, I hope it reaches where it meant to for,” Ono owu of Yoruba land stated.
“At this point more than 60 percent will end up in the pockets of politicians,” Nana Ezze stated.
“Audio money,” Chidinma Onyekwere added.
“Lamba…I dare them and batidiots to say how much they compensated business owners. You destroyed businesses worth billions and were offering them peanuts in compensation…BIG INSULT,” PRYM reacted.
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Meanwhile, TheRadar earlier reported that the Federal Government aimed to raise Nigeria's tax-to-GDP ratio from 10% to 18% by 2026, requiring N44.34 trillion in tax revenue.
The Northern state governors expressed strong opposition to proposed VAT reforms, calling for more consultations before moving forward.