Atiku Abubakar Raises Concerns Over N15.6 Trillion Lagos-Calabar Project....KINDLY READ THE FULL STORY HERE▶

Former Presidential Candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has expressed reservations regarding the award of the Lagos-Calabar Highway Project, asserting that it lacks transparency and may lead to fraudulent activities……..READ ALSO

In response to the announcement by the Minister of Works, Dave Umahi, regarding the commencement of construction on the 700km road, Atiku has engaged in a public dialogue with the Presidency concerning the project’s cost and procurement process.

Atiku contends that the project’s initiation dates back to the final phases of the Goodluck Jonathan administration in November 2014, while the Presidency claims it was initiated by President Bola Ahmed Tinubu’s administration. Amidst this exchange, Atiku challenges the Federal Government to disclose the total cost of the project.

Umahi, in a recent television appearance, stated that the Lagos-Calabar coastal highway would cost N4 billion per kilometre, contradicting Atiku’s claim of N8 billion per km. Atiku’s media office criticized Umahi for allegedly altering the project plan after the contract was awarded to Gilbert Chagoury’s Hitech without competitive bidding.

Expressing concern over the reported cost of N15.6 trillion for the project, Atiku highlights discrepancies in the project’s funding and execution. He questions the rationale behind awarding the contract without competitive bidding and urges transparency in project procurement processes.

Atiku also raises doubts about Hitech’s capability to execute the project efficiently, emphasizing the importance of competitive bidding to ensure value for money and project quality. He calls for clarity on the railway component’s cost and urges Umahi to provide accurate information to the public.

In scrutinizing the Lagos-Calabar project, Atiku underscores the need for accountability, transparency, and adherence to best practices in infrastructure development to safeguard public resources and promote national development.