The controversy trailing the Lagos-Calabar Coastal Highway is yet to abate, as the Special Adviser to the President on Information & Strategy, Bayo Onanuga, on Monday tackled the former Vice President, Atiku Abubakar, accusing him of distorting facts to score cheap political gains.
While President Tinubu was in New Delhi, India for G20 Summit last year August, Indian business leaders committed over $14 billion in new investments. A substantial part of this sum is already in the country. 'In an unmistakable vote of confidence in the economic reforms being executed by the Tinubu administration, foreign investment in Nigeria’s stock market has ballooned, from N18.12 billion in Q1 2023 to N93.37 billion in Q1 2024, an increase of 415%.
Lagos-Calabar Coastal Highway
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Lagos-Calabar coastal highway: CUPP kicks against award of contract, N3,000 per toll gateThe Coalition of United Political Parties, CUPP, has accused the All Progressives Congress, APC, government of having failed to deliver on the promises of open government and has decided to use funds from the nation's treasury to reward their friends and cronies at the expense of taxpayers.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Reports on Lagos-Calabar Coastal Highway Project and Criticism of Minister of EducationNigerian newspapers cover the Lagos-Calabar coastal highway project and criticism of the minister of education over salary arrears. The federal government plans to compensate property owners along the highway. The minister of works denies personal interest in the project. Electricity distribution companies apologize to customers on social media. Drug addicts resort to using substitutes for illicit drugs.
Source: thecableng - 🏆 2. / 80 Read more »
Lagos-Calabar Coastal Highway Project Estimated to Cost N15.7 TrillionThe estimated cost of the Lagos-Calabar coastal highway project is said to be N15.7 trillion, according to a politician. This would make each kilometre of the project approximately N22.5 billion. The project will not be under a public-private partnership arrangement, and the government will be providing 15 percent of the funding.
Source: thecableng - 🏆 2. / 80 Read more »
Lagos-Calabar Coastal Highway: Umahi replies Atiku, says project to gulp N15trnAtiku says project is wasteful and a highway to fraud.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
LP faults FG’s plan to toll Lagos-Calabar coastal highwayThe Labour Party has faulted plans by the Federal Government to toll the Lagos-Calabar Coastal Highway.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Lagos-Calabar Coastal Highway Project Estimated to Cost N4 Billion per KilometreThe Lagos-Calabar coastal highway project is estimated to cost N4 billion per kilometre, according to a statement by former vice-president Atiku Abubakar. However, Governor Umahi claims that the cost is actually lower, at N4 billion per kilometre instead of N8 billion per kilometre.
Source: thecableng - 🏆 2. / 80 Read more »