10 Things To Know About Lagos-Calabar Coastal Highway
It’s no longer news that the construction of the Lagos-Calabar Coastal Highway had commerce in 2024. This is one of the major federal projects in 2024 and it is massive with a lot of building destruction going on simply because those property falls under the Lagos-Calabar Coastal Road.
The reason why some buildings and constructions are being destroyed is because they fall under the coastal road and for the road construction to be done, such buildings must go down.
ATTENTION: Buying property in Lagos is now a very serious thing to consider and you must ensure due diligence is being done before purchasing any property.
Lagos still remains the best place for property appreciation, however, it must be done in the right way with property valid documents and building approval. Send a message below to get the right property investment in Lagos and to be properly guided.
10 Things to Know About The Lagos-Calabar Coastal Highway
1. The first thing to know is that the client for the Lagos-Calabar Coastal Highway is the Federal Republic of Nigeria, Federal Ministry of Works, Magushi Abuja. The Contractor for the Lagos-Calabar Coastal Highway is Hitech Construction Company Limited.
2. The Lagos-Calabar Coastal Highway is a 700km highway starting from Victoria Island, Lagos and it will pass through seven (7) states.
3. The states which the Lagos-Calabar Coastal Road are Lagos State (the starting point), Ogun State, Ondo State, Delta State, Bayelsa State, Rivers State, Akwa Ibom, and Cross-river State where it will terminate as Calabar.
4. The 2 Spur for the coastal with be connecting 2 regions. One spur connects Badagry to Sokoto and the other spur will connect with Enugu to Abalaliki.
5. There are four (4) phases for the Lagos-Calabar Coastal Road. The first phase starts from Ahmadu Bello Way, Victoria Island to Lekki Deep Sea Port which is 47.47km
6. Phase 2 is 55km and it starts from Lekki Deep Seaport to the border between Ogun and Ondo State.
7. Phase 3 of the Lagos-Calabar Coastal Highway will start from the end of the project which is Calabar running through Akwa Ibom which will be 60km
8. The phase 4 of the Lagos-Calabar Coastal Road will start from Porthacourt toward Bayelsa. Another session or phase will now start from Delta and run toward the Ondo State axis.
ATTENTION: Phase 1 is currently undergoing construction and quite a number of km has been covered already. If you are looking at positioning real estate investment around this axis, send a message below for proper guidance.
9. The First Phase (Victoria to Lekki Deep Port, Ibeju Lekki) of the construction of the Lagos-Calabar Coastal Highway started on 11th March 2024 and it is expected to be completed by 10th March 2027 (36 months or 3 years).
10. According to the minister of work, Senator David Umahi, the project will run independently and the 700km Lagos-Calabar Coastal Highway is expected to be completed within 8 years.
LANDMARK DEMOLITION ALONG THE LAGOS-CALABAR COASTAL HIGHWAY
It is no longer news that the most popular beach resort in Africa at large is undergoing demolition. But the basic truth is that both the landmark building and its infrastructure are not affected. The only affected part is the shoreline.
According to the layout map of Lagos State, the shoreline which is the extension of the property Landmark bought fell under the right of way in which the coastal highway will pass through.
Also note that other houses and buildings that fell under this right of way will also be demolished and this is why if you must buy property in Lagos, you must ensure you buy genuine property with due diligence.
To avoid demolition of your property in Lagos, ensure you get approval and make sure you build what the Government want you to build.
ATTENTION: For every property you get in Lagos, ensure you get approval for it before buying it. It is thereby important you also buy from a reputable and reliable real estate. click the button below if you want to invest with a genuine real estate brand in Lagos.
In Conclusion, the Lagos-Calabar Coastal Highway duration is eight (8) years and it will be constructed for 15 trillion naira. A kilometer of the road will cost 4 billion naira.
For more details and inquiries about the Lagos-Calabar Coastal Highway, please call/WhatsApp Peter at +234 901 509 4850 or click on the WhatsApp button on your screen.
