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The Federal Government, led by the Minister of Works, David Umahi, has disclosed its intention to allocate a substantial compensation package of N2.75 billion to property owners affected by the demolition necessitated for the construction of the Lagos-Calabar Coastal Highway.

This announcement was made during a high-profile stakeholders meeting held in Lagos, where Umahi outlined the government's commitment to addressing the concerns of affected individuals and communities. However, amidst this pledge, divergent opinions have emerged among stakeholders. While some express cautious optimism regarding the project's potential benefits, others harbor skepticism about its timely completion and the adequacy of compensation.

This development underscores the complex interplay between infrastructure development, property rights, and public interest considerations in Nigeria's socio-economic landscape.