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Lagos-Calabar highway: Minister confirms investor interest, sets December target

Published 1 day ago1 minute read
umahi

Minister of Works, Sen. Dave Umahi, says a number of financial institutions have shown eagerness to participate in execution of the Lagos-Calabar Coastal Highway project, the Sokoto-Badagry Superhighway and similar landmark road projects of the Federal Government.

The minister disclosed this  while addressing journalists after inspecting the Lagos-Calabar Coastal Highway and some bridges in Lagos.

“ I have had meetings with a lot of financial institutions, and they are very eager to participate.

“ We are doing everything to complete Section 1 by December and have it approved, and that will open a floodgate for other financial aids.

“One thing that I must commend the President  for and, of course, beat my chest and say glory be to God, is that the international funders came and they saw the quantum of the job we are doing.

“That, for me, is a pass mark,” Umahi said.

He said that the recently-inaugurated 30km portion of the Lagos-Calabar Coastal Highway would not be opened to motorists until completion of an additional 17.47km portion of the Section One, Phase One, of the road project.

Origin:
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The Nation Newspaper

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