Categories: Headline

BREAKING: FG Pays N2.75 Billion Compensation To Victims of Coastal Highway Destruction

, David Umahi announced that the Federal Government would pay N2.75 billion in compensation to property owners affected by the demolitions for the coastal highway covering channel 0 to channel 3.

FG has commenced the payment of N2.75 billion sum compensation to the victims of coastal highway destruction.

 

NewsOnline Nigeria reports that President Bola Tinubu Federal Government on Wednesday (today) began the payment of compensation to Nigerians affected by demolitions to give way for the Lagos-Calabar coastal highway project.

 

This Nigeria news platform understands that during a stakeholders meeting in Lagos State on Wednesday, the Minister of Works, David Umahi announced that the Federal Government would pay N2.75 billion in compensation to property owners affected by the demolitions for the coastal highway covering channel 0 to channel 3.

 

ALSO: MultiChoice Defies Court Order, Pushes Ahead With DSTV, GOtv Price Hikes

 

He stated that additional compensation is anticipated to be disbursed in the coming days.

 

Many Nigerians have cried out over the demolition of property for the project while calling on the Federal Government to do the needful by paying adequate compensation to the affected individuals. This move is in response to that demand.

 

Watch the video below:

 

NewsOnline Nigeria

Recent Posts

  • Top Stories

Impact Investors Foundation Unveils GESI Baseline Report at 4th Gender Impact Investment Summit in Lagos

Impact Investors Foundation has unveiled GESI Baseline Report at 4th Gender Impact Investment Summit in…

5 minutes ago
  • Profiles & Biographies

Ayobami Celebrates Tokunbo Wahab at 54 for Leadership, Mentorship and Public Service Impact

Ayobami has celebrated Tokunbo Wahab at 54 for Leadership, Mentorship and Public Service Impact.  …

2 days ago
  • Brands & Marketing

Union Bank Marks 2026 International Day of the Boy Child with School Outreach in Lagos

Union Bank has marked 2026 International Day of the Boy Child with School Outreach in…

2 days ago
  • Brands & Marketing

Sterling Financial Deepens Market Confidence as Assets Cross ₦4tn, Profit Jumps 53% in Q1 2026

Sterling Financial has deepened market confidence as assets cross ₦4tn and profit jumped 53% in…

2 days ago
  • Politics
  • Top Stories

Tinubu Presidency Knocks Peter Obi Over Rwanda Trip Comments, Says Diplomacy Not ‘Reality TV’

Tinubu Presidency has knocked Peter Obi over Rwanda trip comments.   NewsOnline Nigeria reports that…

2 days ago
  • Top Stories
  • World

Tinubu Confirms Killing of Top ISIS Leader Abu-Bilal Al-Manuki in Joint Nigeria-US Military Operation

President Tinubu has confirmed the killing of top ISIS Leader Abu-Bilal Al-Manuki in joint Nigeria-US…

2 days ago