$20bn Loan: Atiku raises alarm over Lagos-Calabar highway reroute, challenges Tinubu
The presidential candidate of the African Democratic Congress, ADC and former Vice President, Atiku Abubakar, has raised the alarm over the announced rerouting of the Lagos–Calabar Coastal Highway amid uncertainty surrounding a planned $20 billion loan. Atiku spoke in a statement on Monday. DAILY POST reports that the Minister of Works, David Umahi, said in […] $20bn Loan: Atiku raises alarm over…
Atiku Abubakar, the presidential candidate of the African Democratic Congress and former Vice President, has expressed concern over the proposed rerouting of the Lagos-Calabar Coastal Highway. The issue has been further complicated by reports of a potential $20 billion loan associated with the project. In a statement, Atiku criticized President Bola Tinubu's government for promising a coastal highway, only to change the route without providing full transparency on the financial implications.
He urged the Minister of Works, David Umahi, to release the original studies and revised designs for public scrutiny. Atiku also questioned the government's lack of transparency regarding the project's engineering documents and the reasons behind the route change. He warned that the government's actions resemble the "Yahoo-Yahoo" style of governance, characterized by grand announcements and hidden bills.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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