The Federal Executive Council (FEC) has approved the Section 2 of the Lagos-Calabar Coastal Superhighway for construction, at a cost of N1.6 trillion.
This was disclosed when giving the highlight of the council meeting held on 13th and 14th May, 2024 in Abuja by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
At the ongoing of section one of the project, Works Minister, Engr David Umahi had said the highway will trigger economic boom, raise the country’s GDP, create great tourism potentials, wealth, job opportunities, attract wider Foreign Direct Investment, boost coastal businesses, trade and market development.
“It will promote industrialization, especially along the coastal corridors with far reaching impact on the social-economic activities and safety along the feeder routes and spurs. Nigeria’ll be a great country when the 10-lane super highway of 700 kilometres with a train track is completed”, Umahi added.
Highlighting further, the Presidency said before the Monday meeting adjourned till Tuesday, Council approved several road projects among them was the reconstruction of Iseyin-Okeho-Iganna Road in Oyo State.
Onanuga also made it known that approval was granted for the award of contract for reconstruction of Koton-Karfe -Abaji Road (Abuja bound), along Abuja-Lokoja Route in Kogi state at a cost of N89 billion.
He added that on day 2 of the Council meeting, approval was given for the award of contract for the equalisation of Lokoja-Benin Road, Okpela Section, Lokoja-Benin, Dualised Auchi Section -Uromi Link Road and Lokoja-Benin Road, Ekpoma Section. 
“It was on this road that a fuel tanker fell into high water recently, with villagers having to swim to rescue the occupants of the tanker. The reconstruction will be financed by BUA Cement at a cost of N120 Billion under the tax credit scheme”, he added.
Furthermore, the adviser revealed that approval of contracts were given to various contractors to build roads and bridges in Kaima-Tesse, Kwara State, Benin-Agbor, BeninByepass and Ngaski-Wara in Kebbi State. “All the four contracts will cost N546 billion.
“Messrs CCECC was awarded contract at N230 billion to build Kano Bypass. The road which is 37kms long will include bridges and several flyovers. The company has 36 months to complete the work.
“The Council approved for procurement the Sokoto-Illela-Badagry superhighway, which is meant to join the Lagos-Calabar Coastal superhighway. The road was first awarded in 1976 and then abandoned”, he highlighted.
