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Lagos-Calabar Highway Project

Sector: Commercial • Location: Lagos, Nigeria

Source: ZAWYA

Project
Cancelled

A group of American investors has urged President Bola Tinubu to intervene urgently in the alleged destruction of their N375 billion real estate investment in Lagos, warning that the incident could undermine investor confidence in Nigeria. Their properties, worth $250 million in Okun Ajah, Lagos State, were demolished to make way for the Lagos-Calabar Highway, despite having obtained all necessary

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The project “Lagos-Calabar Highway Project” is an infrastructure initiative in the Commercial sector, located in Lagos, Lagos, Nigeria. Taiyo aggregates data on it from ZAWYA.

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Participants

Sponsoring Agency

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Company

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Status

Original status

Cancelled

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

A group of American investors has urged President Bola Tinubu to intervene urgently in the alleged destruction of their N375 billion real estate investment in Lagos, warning that the incident could undermine investor confidence in Nigeria. Their properties, worth $250 million in Okun Ajah, Lagos State, were demolished to make way for the Lagos-Calabar Highway, despite having obtained all necessary certifications and approvals.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

Region

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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