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Lagos-Calabar Highway: Umahi Projects N1.67 Trn As RoI In 15 Years—-The Minister of Works, Sen. Dave Umahi, has projected a Return on Investment (ROI) of  around N1.67 trillion in 15 years on the Lagos-Calabar Coastal Highway corridor.

The News Agency of Nigeria (NAN) reports that the 700km Lagos-Calabar coastal highway project is designed to connect Lagos to Cross River, passing through the coastal states of Ogun, Ondo, Delta, Bayelsa, Rivers, and Akwa Ibom, before culminating in Cross River.

Umahi gave the estimate while addressing newsmen and Stakeholders  during a meeting on Lagos-Coastal Highway projects, at the Eko Hotel, on Thursday in Lagos.

The News Agency of Nigeria (NAN) reports that the minister gave the total estimates based on the classification of vehicles  to be tolled when the project is completed.

”I ran the figures this morning. That is if the 47.47km Phase I is completed and I toll on the two sections, I give an average of 50,000 vehicles, the big vehicles will be charged about N6,000, the small ones will pay between N1,000 and  N1,500.

“Lets make it that an average of N3, 000 would be charged, In fact, when I rounded the figures, I will have about 1.67trillion in 15 years. So, the ROI will be huge,” he said.

The minister said that the total cost of the coastal road project could not be fixed, saying if inflation hits,  the project would have to be reviewed.

“Some people say we paid 1.067 trillion, the answer is No. We paid money according to the procurement act and according to the policy of the Federal Ministry of Works

Umahi noted that the project would boost economic activity, improve transportation, and create a more enjoyable travel experience.

He said, “along the corridor, tourism will be developed, there will be increased economic activity with estates, factories, etc., transportation network will improve, and train stations will increase activity and there will be faster water transportation.’’

Umahi said that the project, which aims to make road travel more attractive than air travel, would have amenities along the corridors such as solar lighting, toll stations, filling stations, hotels, and CCTV cameras for improved security and faster response times to incidents.

The minister, who acknowledged that the coastal road’s importance was a national asset with the potential to attract foreign investments, noted that it required acquiring land which might be problematic for some property owners.

He used the proverb “you can’t make an omelette without breaking eggs” to acknowledge the potential hardship caused by land acquisition.

He said that the government prefers a negotiated settlement with property owners instead of relying solely on legal processes.

The minister acknowledged the government’s ultimate authority over land ownership.

He however, appealed to property owners for their cooperation and avoid confrontational approach.

NAN reports that the stakeholders at the meeting- the royal fathers, politicians, land owners and estate developers, described the projects as laudable, raised issues about having a reasonable amount as compensation and pleaded that it be timely, among others.

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2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option

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Atiku Abubakar Backs Consensus Candidate for African Democratic Congress

2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option—-Former Vice President Atiku Abubakar says the African Democratic Congress (ADC) will prioritise a consensus approach in selecting its presidential candidate for the 2027 general elections, but may conduct primaries if internal talks fail.

Speaking on a prime-time programme on Arise TV, Atiku explained that party leaders are working to avoid internal disputes by rallying around a single candidate through dialogue and agreement.

He expressed confidence that stakeholders would reach a common ground, noting that experienced politicians within the party understand the importance of unity.

According to him, the ADC is focused on strengthening Nigeria’s democracy, with members committed to managing differences without causing division.

Atiku also reiterated his willingness to support whoever emerges as the party’s flagbearer, regardless of the selection method.

He further stated that he is open to stepping aside for any aspirant, including Peter Obi, if they emerge as the preferred choice, emphasizing that unity within the party remains the top priority ahead of the 2027 elections.

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Liyel Imoke Urges Unity, Resilience at African Democratic Congress Convention

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African Democratic Congress Convention

Liyel Imoke Urges Unity, Resilience at African Democratic Congress Convention—-Chairman of African Democratic Congress (ADC) Convention Committee, Sen. Liyel Imoke, on Tuesday, called party leaders and members to be united and resilient amid escalating political pressure.

Imoke said this while welcoming party leaders, delegates, coalition partners and Nigerians to the party’s 2026 convention held in Abuja.

While describing the gathering as a “defining moment,” he said that the convention represented not just a meeting but a convergence of purpose to rebuild Nigeria.

Imoke said that the coming together of members was deliberate, driven by urgent national needs and a shared understanding that unity and clarity of vision were essential.

He lamented what he termed the rising insecurity, erosion of rule of law, shrinking democratic space and increasing cost of living, calling for decisive action.

“These realities are difficult but also clarifying, compelling us to define precisely the kind of country we want to build for present and future generations,” he said.

Imoke noted that preparations for the convention were marked by significant challenges, including legal battles and attempts to deny the party access to venues.

“Even as recently as last night, there were efforts to pressure the venue owners to cancel our reservation but despite everything, we are here,” he stated.

Imoke said that the resilience demonstrated by party leaders and members in overcoming obstacles reflected a deep commitment to the party’s ideals and national transformation.

He commended members for working tirelessly, often under difficult conditions, improvising when necessary and ensuring that all arrangements for the convention were successfully executed.

The former Cross River governor said the spirit of sacrifice was evident as some leaders contributed personal resources, describing the gesture as unprecedented in Nigeria’s political landscape.

“This spirit is instructive and speaks to what we are becoming as a party committed to genuine change and national renewal,” he added.

He said that each challenge faced had strengthened unity within the party, reinforcing the belief that ADC represented a credible pathway to Nigeria’s future.

Imoke, therefore, urged delegates to engage thoughtfully, make wise decisions and act in ways that would reflect the trust and expectations of Nigerians.

He reaffirmed the party’s commitment to collective action, team work and purposeful leadership, aimed at ensuring that Nigeria worked again for all.

Imoke expressed optimism that the convention would further strengthen the party’s resolve to deliver meaningful change and sustainable national development.

The News Agency of Nigeria (NAN) reports that those present at the convention included: the Chinese, British and Norwegian envoys, ADC leaders and former Vice-President Atiku Abubakar.

Others were: the 2023 Labour Party presidential candidate, Mr Peter Obi, former Governors Aminu Tambuwal, Rotimi Amaechi, Rauf Aregbesola, Rabiu Kwankwaso and Sen. Dino Melaye.

Also former National Chairman of ADC, Raph Nwosu, former Deputy Speaker of House of Representatives, Emeka Ihedioha, Chief John Odigie-Oyegun, Mr Abubakar Malami and Sen. Ireti Kingibe were in attendance.

The national convention equally featured a former governor of Ebonyi, Dr Sam Egwu, Mohammed Hayatu-Deen and a former Secretary to the Government of the Federation (SGF), Babachir Lawal, among others.

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