David Umahi, Nigeria's minister of works has said the Lagos-Calabar Coastal Highway will cost N4 billion per kilometre and not N8 billion as indicated by former Vice President Atiku Abubakar.
For a 700 kilometre highway, the total project will be completed at the cost of N2.8 trillion.
Umahi m
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.