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The House of Representatives has resolved to launch a comprehensive investigation into the controversial Lagos-Calabar Coastal highway project. Aside from the cost, the demolition of structures along the right of way of the project, particularly the hospitality outlets around the Lagos beaches, has sparked public discourse on the project.At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news?Moving the motion, Mr Achado highlighted the potential gains of the road project but raised some concerns. Mr Achado also raised concerns about the Engineering, Procurement, Construction plus Finance funding model adopted by the government for the project.“The contingent liabilities accruing to the Federal Government of Nigeria on this project violate the Debt Management Office Act of 2023,” he noted while explaining the implication of the EPC+F.
When the motion was put to a vote by Speaker Abbas Tajudeen, after the motion was amended, the majority of the members voted in support.
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