Lagos Government to Demolish $200m Landmark Beach Resort for Costal Highway Project

The Lagos State Government has issued a demolition notice to the owners of $200 Landmark Beach Resort, one of the leading tourism spots in Lagos, to make way for the planned route of a 700-kilometer coastal road intended to connect the state with Calabar.

The proprietor of the resort, Paul Onwuanibe, who spoke to CNN that in late March Lagos State Government gave him a notice to vacate his multimillion-dollar beach resort within seven days for its impending demolition.

Onwuanibe said that the Landmark property, worth over $200 million, accommodates more than 80 businesses and sustains over 4,000 jobs directly. Additionally, the company claims it contributes more than N2 billion in taxes each year.

The beach resort, regarded as one of the top tier tourism spot in Nigeria, receives about a million local and foreign visitors last year.

Onwuanibe explained he purchased the land in 2007, well before the coastal highway plans were formulated, and was left with mixed feelings after the demolition notice arrived, also prompting him to claim compensation.

Ikechukwu Evegbu

Ikechukwu Evegbu is a graduate of Statistics with over 10 years experience as Data Analyst. Worked with Nigeria's Federal Ministry of Agriculture and Rural Development. A prolific business development content writer. He's the Editor, Business Compiler

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