Landmark Beach Resort’s management has initiated negotiations with federal and state governments and interest groups to adjust the initial 1.5 km segment of the Lagos-Calabar Coastal Highway, proposing to redirect it along the undeveloped median of Water Corporation Road to avoid disrupting the resort’s business.
This was disclosed by the CEO of Landmark Africa Group, Paul Onwuanibe via his social media handle on X on Saturday.
He said, “I wish to confirm that we are in active talks with various arms of the federal and state government including the Lagos State Government, the Federal and State Ministries of Tourism, and the Federal Ministry of Works and Housing as well as several interest groups and have received firm assurances that there will be no disruptions to business while we work to agree win-win solutions including rerouting the first 1.5 km out of the 700km stretch of the Road to its original location along the undeveloped Water Corporation Road median.
“We believe that with careful collaboration and consultation, a small number of other minor reroutes may be required to sustain the existing socioeconomic activity along the course of this Road,” Onwuanibe’s post read in part.
The Landmark Group Boss praised the Lagos Calabar Coastal Highway project for its potential to boost the economy and expressed optimism about the ongoing consultations.
These discussions, he believes, will lead to the development of the road and the preservation of the ecosystem of the Landmark Group.
He said, “I believe the Coastal Road is a commendable project by the government which will significantly boost the economy, and engaged consultations (as are ongoing) will help determine ways of developing the Road while preserving the Landmark Group ecosystem businesses that are remitting billions of Naira in taxes annually while employing thousands of Nigerians.”
On March 18, 2024, the Lagos State Government, acting through the Ministry of Physical Planning and Urban Development, issued a notice to the management of the multi-million-dollar Landmark Beach Resort on Victoria Island, along with other affected business entities.
Recall that the Lagos State Government, through the Ministry of Physical Planning and Urban Development, sent a notice dated 18 March 2024 to the Multimillion-dollar Landmark Beach Resort at Victoria Island along with other businesses affected.
