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We lost N87bn to Lagos-Calabar Coastal road project – Eko Atlantic City owners

We lost N87bn to Lagos-Calabar Coastal road project – Eko Atlantic City owners

South Energyx Nigeria Limited, owners of the Eko Atlantic City in Lagos, is bemoaning the loss of about N87 billion, an estimated cost of the reclamation/sand filling it did to the realignment of the Lagos-Calabar Coastal Road.

The Assistant Public Relations Officer of South Energyx, Mr Larry Akanbi, in an interview with The Nation,  noted what he called  two issues at stake – the land they reclaimed that the coastal road will now pass through, and the rift between them and the owners of Landmark Beach.

He  lamented the wrong narrative where the public is meant to believe that Eko Atlantic City further reclamation would eventually turn their beach to dry ground, thus dressing them in the cloak of aggressors in the eyes of the public.

Akanbi said: “To put the records straight,   we are the victims here and not the aggressors, as we are made to look like.

“The Federal Government, shifted the right of way (ROW) of the coastal road, bending it into the land reclaimed by  us legally to save some valuable structures at the Landmark Centre.”

Akanbi said  the Water Corporation Road was  the original alignment government planned to use but they later realised that  if they start from that end, by the time they get to where Queens Event Centre is, the  demolition would be more massive than what we have.

He added: “The government in their wisdom committed themselves to less demolition. In fact, there is hardly any serious demolition right now in the sense that what has happened really is not like any of the structure of Landmark is affected; what has been consumed is the beach.

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“Our position is that, you did not even own the beach, where you are using today, as the beach is part of our land -Eko Atlantic city – and that ideally you should be paying us money but we have not asked you for any money because we were not in need of the land then.

“Now, what the Federal Government has even done is to save some of the structures because they said if they go by their original alignment, it will consume part of the Event Centre and the Mall. What this means is that Eko Atlantic City itself will suffer loss of land because the coastal road now enters into the land of Eko Atlantic City. ‘‘

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