“LAGOS-CALABAR COASTAL ROAD: Uproar over costs, as FG proposes N3,000 per toll gate.” VANGUARD, APRIL12, 2024.
The road will definitely result in more rapid development of the coastal areas of the nine states which will benefit directly from its construction. At the very least, it will save travellers from Calabar and Lagos a lot of time reaching the other end. Nobody can estimate the ultimate economic savings to commuters over time. Some of the other socio-economic advantages to be derived from the road have already been highlighted by the Minister of Works, David Umahi.
Granted, there is nothing wrong with awarding contracts to friends if they can be proved to be the best qualified. Not allowing other qualified contractors to have a chance at bidding for the “contract of the century” smacks of corruption. How would Nigerians, who will ultimately pay for the road know that we got the best deal possible? Umahi can offer excuses, but, they will remain unconvincing. The only way a government can convince people is to be totally transparent and above reproach.
The aggregate economic costs of the project will never be known. But, it will exceed the construction cost. Businesses, homes, factories, schools, hospitals, farms and even oil installations will be demolished. Many of the owners will not receive compensation for their properties; they might be ruined for life. Hundreds of thousands of jobs will first be lost before the road generates its own jobs.
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