Former President Olusegun Obasanjo has criticized the Lagos-Calabar Coastal Highway project, calling it wasteful and corrupt. He also condemned the N21 billion Vice Presidential residence as a misplaced priority. His remarks, published in his new book, have sparked debates on governance, transparency, and fiscal responsibility in Nigeria.
Former President Olusegun Obasanjo has strongly criticized the Lagos-Calabar Coastal Highway project, describing it as an unnecessary financial burden and a breeding ground for corruption. He raised concerns about the N15.6 trillion cost, questioning the transparency of the contract awarded to Hitech Construction Company without competitive bidding. His remarks, published in his latest book, highlight a broader critique of governance, where he accuses many Nigerian leaders of prioritizing personal enrichment over national development.
Obasanjo also condemned the Tinubu administration’s decision to allocate N21 billion for a new residence for Vice President Kashim Shettima, calling it a misplaced priority, especially during economic hardship. His assessment of the current government suggests a continuation of transactional politics, where public funds are allegedly mismanaged for private gains. While the presidency has yet to respond, Obasanjo’s statements have fueled debates about fiscal responsibility and governance integrity in Nigeria.
