Former Vice President, Atiku Abubakar, has claimed that the cost of the Lagos-Calabar Coastal Highway was inflated.
Speaking via a statement by his Special Assistant on Public Communication, Phrank Shaibu, Atiku called for an independent value-for-money audit.
According to him, payments should be suspended until Nigerians were assured that the project genuinely served the national interest.
He stated that he raised the alarm that the project’s cost was inflated to an outrageous ₦8 billion per kilometre when Tinubu’s administration unveiled the Lagos–Calabar Coastal Highway project.
Atiku lamented that the Minister of Works, David Umahi, at the time dismissed the claim, insisting that he would find out the cost was ₦4 billion instead of ₦8 billion.
According to him, the same minister has now done a volte face and admitted the actual cost is, indeed, closer to ₦8 billion per kilometre, precisely what he (Atiku) warned Nigerians about.
He stated that the recent revelation by Umahi has vindicated his stance that Tinubu’s administration is not transparent in the management of the project.
“This admission not only vindicates the former vice president’s position but also exposes the Tinubu administration’s lack of transparency in managing one of the most expensive infrastructure projects in Nigeria’s history,” the statement said.
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