By Oni Lanre
Lagos, Nigeria – In a transformative initiative designed to spur economic growth and enhance infrastructure along Nigeria’s coastline, the first phase of the Lagos-Calabar Coastal Highway has officially commenced. This pivotal project aims to connect nine states, considerably improving trade and mobility across the region.
Infrastructure Development
The construction of the initial 47.47 kilometers of the highway began in March 2024, with an anticipated completion date of May 2025. This marks a significant milestone in the larger endeavor that envisions an extensive 700-kilometer thoroughfare. Hitech Construction Company is spearheading this project under an Engineering, Procurement, and Construction with Financing (EPC+F) model, a strategy aimed at optimizing both execution and funding.
Economic Impacts
The economic stakes are high, with anticipated investments reaching N4 billion per kilometer for the entire project. The highway is poised to transcend its role as a mere roadway, emerging as a catalyst for commercial activity in the coastal regions. By streamlining transportation logistics, the highway is set to invigorate local businesses, showcasing Nigeria’s diverse resources and inherent potential.
Beyond its length, the highway will feature multiple spurs that connect key urban areas and towns. Notably, one spur is designed to link with the Ogoja axis of the trans-Sahara trade route, further positioning Nigeria as a vital player in international trade.
Project Timeline and Future Phases
Spanning an ambitious total completion timeline of eight years, the Lagos-Calabar Coastal Highway underscores Nigeria’s commitment to infrastructural advancement. Once fully operational, the highway is expected to generate thousands of jobs, enhance access to goods and services, and promote regional integration.
Community Engagement and Support
Recognizing the importance of community involvement, stakeholders are actively engaging local populations along the route to ensure that the advantages of this project reach grassroots levels. Consultation with community leaders aims to address concerns and ensure the responsible management of environmental and social impacts.
In-Conclusion
The Lagos-Calabar Coastal Highway is set to be much more than a mere transportation project; it embodies Nigeria’s visionary ambition for a more connected and economically vibrant coastal region. As construction progresses, attention will focus on the implications this highway will have for local communities and the broader Nigerian economy.
With a steadfast commitment to sustainable economic growth, Nigeria is crafting a pathway that promises not only improved connectivity but also a roadmap toward a prosperous future.
The project is projected to cost $12 Billion —30% funded by the government, while the contractor covers the remaining 70%.
Stay tuned for further updates as this transformative project unfolds.
