The Value of Lagos Calabar Coastal Road Outweigh Business Ventures Within the Coast - Ugbor
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- čas přidán 4. 06. 2024
- The EIA Act is one of the most abused environmental laws in the country however, the West African coastal road from Senegal cutting through 12 African Countries and ending in Kenya will pass through this coastal road so there's an international dimension to this that supersedes the value of business along the coastal road
Terseer Ugbor, Vice Chair, House of Reps Committee on the Environment
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The minister has explain and explain still they are not satisfied...the best is to ignore this arise people,the project as stated no body can stop it ...
This news channel have all these resources but misdirecting to the wrong issues. I excpect them to do their own investigation about the issue and come out with unbiased reportage.
This arise TV are out to go against anything action this present government made, i don't know their motive at all.
Please Arise TV , I want to say Kudos to your Environment impact assessment correspondence. She knows her onions. The minister for works met his Match , there's no doubt about it .
This guy is very balance in his analysis but the crews want him to tow the line of their sentiments.
Ask all those shooting their mouth about Calabar how much they invested in Tinapa Resort. Nothing until the place went moribund.
So just say you want to demolish Landmark place, then move on. Nothing is new under the sun.
This person answered questions well and i did some fact-checking. For example, the Baltimore bridge will take 4 years to build, not 10 as he mentioned. I agree with him when he said he would invest the $10 billion meant for roads into electricity, which makes a lot of sense. The government seems short-sighted; how can they attract foreign investors when they can't protect their citizens' investments? Tourism brings big money - in 2023, Mexico earned over $30 billion from tourists, and Taylor Swift's concert boosted the US economy by $5.7 billion. Without good infrastructure, like electricity, health care, and security, tourists won't come, and businesses won't thrive. It's more important for the government to focus on these basic needs than on flashy projects. Places like Obudu Cattle Ranch and Tinapa, meant to attract tourists, are neglected. Nigeria's leaders need to wake up.
Remember that the coastal road is an epic+f project and government is bringing on 15% of the financing and the private sector partner is also very ready to get it going. Despite all the issues on ground, this is a welcome development. On power, there are so much funds in private sector, waiting outside the shores of this country to be invested in power. The government must declare a state of emergency on the power sector and call for a power conference, to dissect, unbundle and chart a new roadmap for the power sector to attract nvestments like the telecoms sector. We really need to put an end to this unending disgrace in this nations power sector. We can't continue with a national greed architecture
Did the PDP under OBJ not invested $16bn on electricity? Where is the electricity? We should give this government some time
The bulk of the money is not coming from the government, it's from private investors. They can use the same method for power too but then that will mean that electricity will become too expensive for people to afford. Even now that it's only the didtribution end and part of the generation aspect of our power sector is controlled by the private sector, power has become expensive imagine if every aspect of the value chain is taken over by the private sector.
Nonsense. A country full of insecurity? How are people going to ply the coastal road with these severe insecurity Nigerian's are facing today? It's not a joke it's a serious matter. We don't have leaders in Nigeria but ruler's with so much incompetence.
Talk to your irate youths. They are the problem around that place.
@@agbolagadesam1030 APC people it's the United States of America and FBI I blamed if they have truly released those files 😂
@@gbengalala2064
Who told you I am APC. All in your imagination. Your Atiku is on vain mission to USA is a fraud. All of them. Even the one you want to kill yourself for is not a saint. You better look for something to do. What God blesses is what you do with your hands and brain. Expecting any human to act like God is a waste of time.
@@gbengalala2064 What files, complaining about everything so because of insecurity they have to wait until there is insecurity is completely gone before they embark on road project, go and check the record homicide in USA 2023 was 20,168 .
@@superstory4u144 Are you asking as if you don't know?
People are literaly swimming through AUCHI Benin Ekpoma road while a new road is underway? Haba nigeria.
What is the governor doing in the area of palliative measure to avoid any preventable calamity. Everything is politicised. What about their inner roads, nothing to write home about. Bunch of corrupt leaders.
Are you guys blinded when umahi presented the Roap Map.
The interesting thing about the project is that it does not concern those who are making MOST noise about it. Overwhelmingly all the citizens in those 8 coastal states are happy with the project
Abi oo
The impact of a diaspora Nigerian national, who quit living abroad and raised 200 million from foreign investors and creditors, now having their 200 million dollar business destroyed by the government when there were ample options IS NOT in the interest of Nigeria! Anyone saying that it is, is completely delusional the investment power of Nigerians in Diaspora have and the impact this will have on future Nigerians in diaspora bring their capital and returning home.
This guy obviously doesn’t use Nigerian roads.
YOUR SAINT CALLED YES DADDY NEVER PAID COMPENSATION. ABI HIM GET MAJOR ROADS HE FIXED IN ANAMBRA. STOP TALKING BCOS UMAHI IS FAR AHEAD OF YOUR SAINT WITHOUT MAJOR LANDMARK PROJECTS
My only concern is demolishing structures only to abandon the road half way. Why not leave the structures and continue the road and come back later to demolish and complete the road?
Landmark Beach is not more than 1 mile long. Why couldn't the coastal road bypass the one mile? Why did they bypass its original route which was behind Landmark Beach to go and build in front of the beach.
@@longinusukentaGonand listen to the Minister again. Landmark are not supposed to be where their main buildings are not to even talk about the extension to the beach.
@@michaelayodele3210
The minister is a liar
Thanks to the beautiful Seyitan and the rest of the Arise TV team for this programme. The priorities for a caring government is to provide electricity, pipe borne water and quality education and health care services for its citizens however it is a shame that the main priority for this government is an expensive coastal highway which may eventually lead more terrorists and bandits into the country. The government's action so far continue to highlight the disdain in which the people are held by the government.
I am sorry but I dont see the value to Nigeria of a Lagos to Calabar coastal highway that does not connect any of the major cities and towns between Lagos and Calabar. A road that does not connect Benin, Sapele, Warri, Yenogoa, Port Harcourt , Aba and Uyo, not to count Onitsha and Nnewi which are the critical commerce and industrial hubs. The first few kilometers in Lagos and the lekki trade port will be viable from a tolling perspective, but every thing else will see limited traffic, besides which tourists will drive on a road with the high level of insecurity. Also unfortunately with the way the project was approved without any competitive process and the winner of the contract is a business partner to the Tinubu, this whole thing smells. Lets be honest the 700 KM will never be built in the next 20 years, only the Lagos part will be done. Naija we hail thee......Una mumu never do
Thank God neither Tinunbu nor Umahi, none of them need advice from mad man
Those cities can Connect to the road if they think it is important. These road is majorly to boaster African trade and booster evacuation from the port, farms and the Niger Delta region
@@koladeoyebola Hi Kolade, I beg to disagree. The coastal route is not connecting any on the major ports which would be Sapele, Warri, Onene PH and Uyo that are between Lagos and Calabar, So unless the coastal road is connected to the ports and the major cities between Lagos and Calabar, there will be limited activity. As far as using the African coastal route as a justification, then why not first build the East West Highway, rebuild Lagos Ibadan, Benin Auchi, Benin Warri, Enugu PH, before this project which is probably going to be the most expensive highway in Africa at 4 B Naira per KM. I am sorry but I am not buying the justification especially when a no bid contract is given to the business partner of Tinubu. Hitech cannot compare to Julies Berger or RCC or CCC in terms of track record in highway construction. Open your eyes, for 8 years this same people told you that Buhari was fighting corruption, we now his was the most corrupt govt, his economic performance was the worst ever with Nigeria now having over 200 B USD in debt, and in 2015 you had insecurity mostly in the North East now the whole Country has banditry, terrorism, kidnapping insurgency etc. When you have even the South West wanting to secede that says a lot. Open Your eyes. I am taking bets of 1 million Naira that this project will stop at the Lagos border, the additional 640 KMs will never be built in the next 20 years...Naija we hail thee
From their questions, they have no point but to just be on the negative side
Without agreeing or disagreeing with his other points, I'm concerned that he thinks it's a good thing for every community to have the opportunity to become a city. Why do we always think converting natural green habitats to concrete more urban spaces is development?
Obviously there has to good reasons for the road to be built.
My concerns were that at this pressing time in our history, there are, far more important NEEDS in our country,that are far more important than this road.
It always amazes me how , Nigeria compares their country with other developed countries like the USA. When they don't have BASIC things that these countries have. Citizens don't have basic drinking water, electricity, good roads, which these countries have!!!
Some of us asked these questions when Buhari was BORROWING MONEY to build railroad to connect another country!!!
PRIORITY is the issue, especially at this time ,with where our economy is!!!
I think he meant to say that the value of the individual kickbacks they'll receive or may have already received in foreign currency is more important than the thriving businesses that offer direct or indirect employment to thousands of Nigerians, and that attracted more than 3m tourists yearly. Nigeria has the wrong persons in power. They are unqualified and don't think straight. Period!!!
Road that will not be done even 100 years to come... Useless set of people.
NA SO. UNNA STILL DEY IN PAIN
Great piece and balanced analysis. Kudos terseer👍 would love to hear you speak again.
Social impact assessment is not yet in the IEA before carrying out the actions. What about final approval.
Mad people in government.
Arise tv with coastal road, why so much of this road only on this tv,❤❤❤
Because this road is useless, and is just an avenue to steal money...
24:42 Your trust in the govt is not what oversight is about. He sounds like yet another cheerleader who is clearly not going to handle oversight properly. His allegiance is clearly to the govt and not social environmental good.
The East-West road as is aptly named was meant to link the east to the west of Nigeria, why not revitalize that route with much less cost (financial, environmental, etc.)?
**Misplaced Priority**
Three projects that would have benefited Nigeria more than the coastal road.
1. Dam: flood control and electricity
2. Solar project: electricity
3. Food Security: corn, Cassava and rice production
If Nigeria had spent the costal road US$12 billion loan on the above projects, 50% of her problems would have been solved in one year.
The questions I keep asking is (1) Is Dangote refinery and Lekki Sea Port not on the Coastal bed
(2), how will government go about that will they move the road off the coast or clear the beach Sea sides of the Port and Refinery.
As you support this coastal road also support whatever happens to you on the various dilapidated roads all over the country. Every decision has consequences. Rehabilitating existing roads is far more important than this new project. Fixing the very important bad roads in the country will boost productivity, connect people and improve ease of business. Will this coastal road be well maintained? Coastal road that will not be maintained like other roads in the country. After we have fixed the bad roads we can then start this coastal road.
Absolutely CORRECT!
The minister said all the existence road are not abandon they doing it also...what else do u want?
I don't know why they are asking if an environmental impact assessment was done and the long stories and answers the journalists are getting.
If an EIA was performed, then there should be a formally issued report.
Simply ask the government for a copy of the formally issued EIA report and stop the long story.
What about Badagry Highway? What happens to that road?
In a project like this, financial compensation alone must be matched with government effort to help affected communities relocate to designated area.
Very reasonable gentleman. Such a balanced view of the topic. He presents the issue much better than drunken Umahi who sounds like a dictator. Doesn’t think a reasonable person can have a different opinion. The rush to start the project makes it even more suspicious.
An Environmental Impact Assessment (EIA) should ideally be conducted before the project starts. This allows for the identification of potential environmental impacts and the development of mitigation measures before construction begins. Conducting the EIA early in the planning phase ensures that environmental considerations are integrated into the project design from the outset, reducing the likelihood of costly changes or delays once construction has commenced. FG has missed the point..Nigerians dont need this kind of white elephant project at this time.. FG is scaring away FDI...
Useless politicians is what Nigeria is blessed with.
*Cursed
Nobody is against the Lagos-calabar super highway. What most of us are saying is why not fix all the existing federal roads with road marks just like 3rd mainland bridge?
The timing is also wrong.
Lagos calabar road is a total waste
In your opinion.... without a proper analysis
@@DAI-yw3vk well seeing is believing we shall see. All the talk is very cheap.
@@DAI-yw3vkYes his opinion matters, Drive from Shagamu interchange to some parts of Ore express Way is mess, so are many places on that route to Benin bypass down to Delta state the worst of them all for more than 20yrs the only access from the West, East road Ikotepkene/Itu Rd to Calabar the only access is in bad Shape 20 yes let wait and see this project will end in Epe or somewhere in Ogun state after Lagos all this noise is a Lagos project eg 3rd mainland bridge.
BACKWARD STATEMENT. SAME WAY REHABILITATION OF 3RD MAINLAND BRIDGE WAS A WASTE. DO NOT USE IT WHEN IT IS COMPLETED
@@bankolegbolahan2521 road to nowhere, we shall see talk is the cheapest thing
You engage before you seek FEC and NASS approval. You engage before you award a no bid contract. You engage before you start demolition. Naija we hail thee were the normal is abnormal
In Nigeria, even mad people believe they got better ideas.
I am curious. Have you ever been a leader? How did that go?
Your statement is mind bugging. You sound just like Umahi ..autocratic!!!
Even a certified mad person under your leadership deserves to be listened to.
Have a great day!!!
They wanted to feel safe in Nigeria but they are being shot with discomfort.
Safety has its own rules. And though Nigeria is welcoming and must be welcoming this guideline of righteousness must be respected. When the head is well, the body is safe but when the head is sick, the whole body is weak
You also will be taken by your word
As for Nigeria, the Head is the true natural intelligence
Tolu Emiayo
This is Love
Has the saying goes in china " if you want to be rich build a road first" ... I am a big critique of Tinubu and most Nigerian govt but on this Coastal Highway he has done well.
Landmark barricaded the beach , a public property and was charging exorbitant amount of money for people to visit thr beach in the name of private resort . No where except " jamaica" is such allowed and rhe Jamaican's are fighting this colonial wicknedness tooth and nail . Beach is suppose to be free for all not the rich and powerful ..... My only concern which the Nigerian media should be asking and they are not is that when this road is said and done , how many toll gates would be placed on wach kilometers just to please and make the Lebanese man " Hitech construction company" richer at the expense of poor Nigerians......
Does United Nation, ECOWAS, have over riding Intrest above Nigerians on the project in their country. People are hungry. You can't prioritize many things at the same time. As Regional and city planner there so many things wrong in all front to this project.
How will this be a national priority when even the representative of the Nigerian people have not been widely consulted and convinced with measurable value accessment and impact of this project. However, I'm concerned that this National Assembly has sabotaged our national interest & security, by giving the entire project to a single company with very strong ties to the Islamic Republic of Iran. I smell a big dead rat. All over this project.
OLODO. CONSULTED? SO NA NATIONAL ASSEMBLY DEY APPROVE NATIONAL PROJECTS
@@bankolegbolahan2521 Local fool!! You sure no nothing about standard procedure. You want us to adopt your abnormalities!! If talking about correcting abnormalities make you uncomfortable, then you are in a long hug. On your mark!
finally Adesuwa on Arise!!
There is so much invalid discussion going on about this Lagos Calabar Coast road without much thinking. The politicians that against this project for one reason or the other are trying to score political points which does not support infrastructure development in the country. When the idea of moving the Federal Capital to Abuja there were people living in the area prior that their homes were destroyed to give way top the beautiful structure seen in the city today. In order to engage in the second Nigeria bridge there were homes and businesses along side the road before getting on the bridge that were destroyed. What is different in the manner the government is handling the Lagos-Calabar Coastal road? There is no major construction project carried by any government around the the world that does not put into consideration environmental and social economical impact. To say that these considerations were not made at the time this project of conceptualized is ridiculous and not real. The guest has outlined the the importance and benefit of this project upon completion. The people that would enjoy the benefit of this project are the same people who properties have been demolished now when the time comes. The Government who is looking at the long term benefit of a project will do all it can to ensure that project is carried out regardless of the obstacle. If the government did not put in place compensation for all affected by any construction projects that would have been different. Nigerians were aware of this project right from the very time it was thought of and nobody objected to it, therefore it is strange that it is now that the project is of concern. It is sad and it is political. Politics must never be injected into infrastructure development.
For the greater good of many . It should not be the greater greed of few. Why stop wheel of progress when you can receive compensation for your legitimate investment and reap more in future opportunities? Smooth, lethal apparently harmless individuals (feigning support for project so long as interest of investors are guaranteed) are busy deploying media attacks locally and internationally to discredit the govt and stop the laudable project. Govt should be firm. The profit from assets that you hijacked blinded you so much as to cause mayhem! You built your facility on a ‘no go’ area, you profited from the free asset for so long , yet you want the law ‘bended’ in your favour.
Very wicked rulers, which interest of Nigeria. Many roads are out there looking for attention.
Most of the questions are repetitive and too unnecessary
It is clear enough that the benefits of this road cannot be overemphasised
Arise TV should tone down their negative opinions
They're doing it knowing their audience are mainly .S.E youths. Its all about advertisements money. The more negatives they go.the more anti Tinubu .S.E crowds flocked to them.
On point
Clowns
@@MuoOnyedikachukwu That's u got. ? Bitter ppl
If you're not paid to fight every comment against government, then your data is a waste. But if you're paid, I can't abuse your source of income
This is Nigeria..the FHOR member has admitted that he's not sure that the coastal highway project has EIA approval..isnt this his job to call the executive arm to order and summon the Minister for questioning..rather he's here talking as if he's the spokeman for the Fed Ministry of Works..
The so-called Lagos, Calabar coastal highway is a blatant 419 elephant project!
This guest is well knowledgeable from the way he speaks
Ugbor ... doubt will this project boost tourism in Nigeria? poor infrastructure and also environmental issues in Lagos is a worry
Reporters should always research topics before coming out to interview guests. I am surprised at some of the questions asked. Really? Arise News needs to wake up.
They have gone from landmark to now EIA. Terrible tv station. I can see them going down soon.
you didnt get it accurately. They started from the Cost, to Why awarded to Hitech, to Why no Competitive Bidding, then moved to Landmark issue, and now moved to EIA. Next time, they will ask Why constructing road to make noise to the fishes in the ocean. Just watch. Arisetv and its gang of reporters.
Na, you go bring the station down? Enemy of truth
Arise TV is too biased against this government no matter how good their policies are…
@@apostlekofipaul3258 Please where are the policies?
They should maintain the existing roads. See how tankers are falling every day. We need power for investment and investors.
I am so much disappointed in Nigeria Media Practitioners for their inability or fear of not asking Salient questions as at when due. By the way, why are Nigerians so oblivious to imminent dangers and doesn’t learnt from successive past occurrence? Why don’t the so-called Federal Government firstly deal with the periodic flooding of Nigeria that would ultimately destroy the absurd Costal Ultra-Motor way when Cameroon open up her dam, which they are likely to drain up very soon? These intellectual lazy journalists are supposed to be demanding to know on behalf of Nigeria people the prototype or statute (design) of the so-called Coastal Ultra-Motorway and how the quality of the road construction is going to be sustained all through without being compromised. If the road project is going to be short of the standard of quality and safety of smart roads (traffic electronically regulated Motorways) built in the Western World, particularly built here in United Kingdom where I live, I can dare say that it doesn’t worth it at all in this modern era. I for one just think APC strategically want to use white elephant project to campaign for reelection in 2027. Period!
A good ESIA is required for this project. Let us not put the cart before the horse.
Landmark was not the most affected, even though he was making the MOST NOISE. The most affected business is Bolaji Ariyo of Miami Chula Beach Lifestyle. Then there were three other beach property owners making 5 altogether. Only Landmark was playing ethnic cards, blackmailing the government
Landmark never did that !!!!!
The guy is diasporian and knows nothing about your tribal nonsense!!!
So this man who has oversight in environmental issues couldn’t confirm if approval was obtained, if his responsibility has been performed. Instead “we have to take the word of a public servant”. What kind of oversight is that?
If that area was to be Tinubu' native home(if he has any) would be have rushed to it.witjput impact assessment.
Coaster road has come to stay ! The early una agree
The guses is obviously speaking like someone who has been told to go and do window dressing on this rushed white elephant project which has not undergone all the necessary proceeses needed for a such a "gigantic" project. Why the RUSH???
Continue to cry about nothing.
Dats how they always talk abt benefits but dis project as u say will never be completed even in 15years they could hve started were there are no biz nd make progress then give biz owners notice of maybe 5yrs
Only Adaeze can say that. Pls stay in your state
@@adeabraham126Only Ade can say that because he's an ethnic bigot😂is Lagos non longer on Nigeria?Is Lagos for only people from Oduduwa republic?😂😂😂
@@SamuelIkpakalubaba afonja skull miners are cowards they want nigeria divided and they don't want nigeria divided
Why should they give biz owners a notice of five years did they have license to built anything there in the first place.
@@adeabraham126 we are advocating to leave Nigeria if u can lend ur mouth to our agitation ND fasten it den we can stay in our country but as of now I am in Nigeria u can not do anything Abt it tribal bigot
Here we go again with our hypocrisy! What benefits of the Kano- Maradi rail extension to NIGER Republic? When did we even question or interrogate the thought behind the project? A Chinese loan was quickly approved and being constructed! Abeg let's hear word!!
My dear, I am one of the people against the building of that railroad, especially if Nigeria had to BORROW MONEY to do it!!!
Tefera or whatever you call your self, do you think the owner of land mark is a poor man. We are talking about thousands of jobs and livelihoods that are being wiped out and you are telling him to collect his money and go away.
How many people lost there jobs? And how many jobs will be created? Please u and arise tv should do research and let the public knows...
Is it really possible to give him back his money with interests ? Obviously, the value of money is worse now. If it is ,they should refund ALL THE BUSINESSES in that route
Did I hear Arise News say the National Assembly should have played a role in the conceptualization of this project in the introductory part of this clip ? Maybe I didn’t hear well .
This is really comical. It was about landmark and now it’s about environmental impact assessment. Then it’s about preliminary approval of that environmental impact assessment.
Arise News which way now ?
Those who stand to benefit from it are the same condemning it. That's why there is no development. They just come to their arise new station to condemn everything without consideration. If I were the Umahi of this world, I would ignore them. Enemies of progress.
Why was Arise News so concerned and angry about this projects? The questions they were asking in this interview were too idiotic from investigative journalism. Why are they not going to the States where the road is passing through whether they are weeping like Landmark that has no locus standi in the right of way this road is passing through. This is really bad and biased journalism.
Why are we allergic to good development in this country? I can see why South Africans believe we are not the giant of Africa because we allow ground-breaking projects to give way for small ones due to sentiments.
This Lagos-Calabar road is more important than any project in that axis and we must do all things necessary to make it works for the good of the people and the nation.
😂😂😂😂😂you still and will be the giant of Africa
Can Landmark produce his EAI, please, and also his approval to build that property on that piece of land. Fantastically corrupt AriseTV
he is a fraud how can you build on the sandy beach and charge people money,
Landmark got approval to build landmark. Tinubu has pre- approval not approval and shouldn't have started this project. Your Klu klux klan Tribalism will not let you see the truth.
Why are you making this ALL ABOUT LANDMARK?
Just because some of us just live in Lagos Island throughout our lives and have not been in other parts of the country does not mean that the federal government has provided basic needs for its citizens.
And you didn't hear the tax landmark said he pays yearly. Did Sanwo Olu debunk it?
@ignatiusigidi9837 which taxes? Is the discussion about taxes or his illegal activities? So paying taxes legalized his fraudulent acquisition of the property? Maybe that is the law in SE and Peter Obi's okija but not in Lagos or with the federal government of Nigeria . What's illegal is illegal.
This is a Tinubu and his lagos boys settlement to hit the country big even if he dies tomorrow - greed ryt? why the rush when we have lot of issues with energy, and roads that are poor and damaged, insecurity he hurried on this and imagine the cost
The rivers and creeks that this road will meet is still forgotten by naysayers , the contract will be reevaluated again and again .Wishing Tinubu well in his day dream.
Scam from start to finish …… tufiakwa
The man is simply spewing nonsense. Must you destroy existing business ventures to construct a highway that will be ill-maintained? He’s simply not making sense. A country that today cannot ensure electricity power supply 24/7 wants to construct a coastal highway?
What has arise got t do with the EIA if eventually given?
The issue is not about if the Lagos-Calabar road is important for the country. It is.
The question is, did Landmark hotel beach need to be destroyed for this the happen.
The answer is 100% NO!
The road could easily have been built around the hotel.
There is NO country in the world today that would sandfill a beach to build a road.
Not only is this an environmentally disaster it is much more costly.
Added to the fact that it here is a thriving business that has 3 million visitors.
This will NEVER happen anywhere in the world but the CURSED Nigeria.
Nigeria will NEVER progress or be a major player until things like this stops happening.
To say otherwise, you are part of the problem.
**** WAKE UP NIGERIA ******
Many Nigerians are in a mental coma.
Many others are playing Ludo and Whot with Alice in Wonderland!
Landmark was not destroyed but the beach land behind Landmark building which actually belong to the Federal Govtment . The Landmark owner has occupied the beach front illegaly since and charging innocent Nigerian to use the beach front Land. There are other beach resorts that their building were completely demolished and people like you and the biased Arise TV are talking about because you want to promote your tribal victim mentality sentiments.
@@user-bw6ww7dt1n
The beach is landmarks main selling point, with the beach destroyed, landmark fails as a business. When raising financing, the assumption is that this is a beach resort, this is why he was able to raise up to $100m. Without the beach resort it’s just a hotel. The number of visitors will drop drastically from 3 million / year. With this huge drop in revenue, the company will not be able to pay back the $100m debt, the company will have to close down. This is an undeniable fact.
Your claim that the landmark hotel was illegally occupied is one for contention. I don’t need to tell you about Nigeria, you know how well property and contract law works in Nigeria i.e. massive scam so neither you or me know for sure if he had the right permission to build there so let’s leave this point.
Can you explain to me why the redirected route goes right through landmark hotel beach, then diverts back inland to join the original road that this highway was supposed to be on? They redirected the route to destroy this man’s business, and then the road goes back to the original planned route. Let that sit. How can you support this? How?
Tribal? Dude my parents moved me to London at age 6. I’m 34 years old now. I have travelled the world, I’ve worked in a global investment bank for 12 years, I’ve dealt with world bank, African development back, spent time in South America. I’ve seen how the world works. And this demonstrates how your government destroys the country.
Such behaviour from YOUR government does not affect me. It affects YOU!
@@user-bw6ww7dt1n The irony is Arise TV deleted my very detailed response to your message. My reply was deleted because it was telling the truth of this grave injustice. Shame on you all.
It is good that all of these talks are being held; as it shows that Nigeria is a democratic country and not authoritarious one. But in the end that costal road must be built. For it is advantageous to Nigerian economy as a whole.
Nigeria is not a democratic country. It's an authoritarian country being run by a former Coyote.
A wise man will say for the sake of 75 million Nigerians in 8 states, I give this up, a SELFISH man will say for my sake, cancel 75 million Nigerians in 8 states.
Scam
Arise crew hate this guest because he is knowledgeable and void of sentiment. They assumed he would pander to their hatred for the development
They should consider security on this must project Tinubu wants to do. We don't want to hear that pirates are kidn*pin people
Landmark is a substandard structure he should collect his money and go away
People who doesn't know what investment is n doesn't know how to build wealth will come on social media n be talking nonsense. This guy that owns landmark had struggled n made his money in UK Only to come invest in Nigeria. Do you know what $200 million is? He should just collect his money n go away, do you know how much 200 million dollars worth? Tinubu is busy globe trotting looking for investors but his govt is at home destroying people's investment. Do you think oyibo people are stupid? If you can't protect the interest of ur citizens, is it a foreigner you will protect? We all know this contract is a scam with the way they are rushing it. 15 trillion naira worth of contract not bidded, he just carried it n give to his lebanise friend who is an exconvinct in usa, shame on you.
The funniest thing is that those condemning this great project are the one that will take advantage of it. Just wait and see. Nigerians play politics with development, and that's why the country is not progressing. Whether Arise News, like it, or not, the project will succeed, and Nigerians shall benefit from it. One man's selfishness can't stop larger Nigerians from benefiting from the project. Landmark must go for the project to come alive. What else do you haters and enemies of great project stand to gain?
I don't know about you, but I am someone who LOVES Nigeria and has done things in my little way to impact lives in Nigeria positively!!!
You come across as being annoyed that your fellow citizens, who have the interest of Nigeria at heart just as you, are asking questions.
Please stop making this about just one business, Landmark. Just travel around Nigeria at this time and tell me that borrowing this huge money at this time to build this road is the moral thing to do.
And please, can we remove TRIBALISM in everything Nigeria?
FOUNDATION is critical in the building of any society. Our forefathers actually did better than us in this area.
Just compare the new cities in Nigeria with those built in the sixties.
No open spaces, no parks, no public water works, no reliable sanitation, no public libraries, not enough functioning public schools, not enough organized markets,etc.
Some of these blames go to the States, too.
We can't just wake up and be like South Africa, China, or the US.
PRIOTY AND GREAT FOUNDATION MATTERS.
Start right , and whatsoever you don't complete, generations coming after will fall in line and complete.
Let's be truthful to ourselves and organize ourself.
The government will do what it's bent on doing but history will tell who is right or wrong.
@angelicakweku5293 Ma'am storyteller. Nobody cares about the sentiments you guys are spreading around. We will never fall for it. It's not today that many businesses have given ways for development in Nigeria and any part of the world. Peter Obi did the same in Anambra state without even giving a kobo to anybody. Heaven didn't fall. You guys should cry little than the bereaved. Stop attacking the government just because your lawless ethnic brother was asked to vacate the land not assigned to him but stolen from the government. No matter the propaganda you all put forward, Nigerians will win. I support Lagos-Calabar Coastal Road 100%. Landmarks can go to Adamawa state to build his nonsense. After all, he's only fronting for Atiku ABUBAKAR. They are only playing senseless politics with the larger society. One man's selfishness can never prevail over millions of Nigerians.