A former Secretary to the Government of the Federation, SGF, Babachir Lawal, has described the Lagos-Calabar Coastal Road as a big scam.
This was a he accused the administration of President Bola Tinubu of failing to work for the people.
The ex-SGF made this statement on Friday, when he featured on ‘Inside Sources with Laolu Akande’, a programme on Channels Television.
“If you ask me, ‘What projects has this government implemented so far that are visible to Nigerians and have impacted their lives?’ I cannot see any. At least in northern Nigeria, where I am a frequent traveller, for example, I don’t see any road that they are constructing or rehabilitating. In the South-West, I don’t think there is any.
“They are still talking about the Lagos-Ibadan Expressway, which it appears every government talks about and votes money for, and it never goes anywhere. Their so-called coastal road is just a scam. Every Nigerian knows it is a scam. Even before they started, we knew it would be a scam, and it has become a scam,”; he said.
DAILY POST recalls that in May, President Bola Tinubu commissioned the first phase —30km, which stretches from Ahmadu Bello Way to Eleko Village Area in the Lekki Peninsula.
Barely two months after that, the Federal Government secured a $747 million loan to finance the 700km road project, a move that has stirred criticisms from Nigerians, especially opposition figures who accused the Tinubu administration of excessive borrowing without visible results.
Lawal argued that the government has no tangible projects to justify the debts.
He added, “You borrow money from Europe, and before it comes, it is spent over there. So, I don’t understand. What can Nigerians see?
“It has become such that the President can go and commission 30 kilometres of a 700km road — which has even become a source of controversy. So, what are they doing with our money?”;
