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    Home » Federal Government Surpasses 60% Completion Mark on Lagos-Calabar Coastal Highway Phase 1
    Real Estate

    Federal Government Surpasses 60% Completion Mark on Lagos-Calabar Coastal Highway Phase 1

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 16, 20262 Mins Read
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    Manny Ita

    The Federal Ministry of Works has announced a significant milestone in the construction of the Lagos-Calabar Coastal Highway, reporting that Section 1 and a substantial portion of Section 2 are now over 65% complete. During a recent inspection tour on January 10, 2026, the Minister of Works, Senator Dave Umahi, expressed satisfaction with the pace of work, noting that the 47.47-kilometer Section 1, which stretches from Ahmadu Bello Way to the Eleko area, is on track for full commissioning by April 2026. This progress follows the temporary opening of a 30-kilometer stretch of the highway in December 2025 to ease festive season traffic, a move the Minister stated proved the road is “already serving its purpose” and fulfilling a “dream of over 27 years.”

    ​A key factor in the accelerated timeline has been the adoption of Continuously Reinforced Concrete Pavement (CRCP) technology. Minister Umahi emphasized that the use of concrete instead of traditional asphalt binder has provided the structural integrity necessary to navigate the challenging coastal terrain, which includes pits as deep as 25 meters. “We are terribly being challenged because of the realignment that we have encountered,” Umahi remarked, though he praised the contractor, Hitech Construction Company, for their ability to manage complex soil conditions. The Minister also confirmed that the project’s first major bridge—a critical link within the Section 2 corridor—is scheduled to be commissioned by May 2026, marking a pivotal transition into the next phase of the 700-kilometer superhighway.

    ​In addition to construction updates, the Federal Government revealed that the highway will be tolled immediately upon its formal inauguration. The Minister has already directed the contractor to begin the necessary infrastructure for tolling stations, asserting, “I don’t want to open this permanently for traffic and then we begin to talk about tolling.” While the project has faced a budget increment of ₦170 billion due to necessary realignments and shore protection measures, the Ministry has maintained that no further budget increases will be entertained. The project remains a central pillar of the “Renewed Hope” infrastructure agenda, with the National Economic Council recently constituting a special committee to oversee its full actualization.

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    Ifetayo Adeniyi
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    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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    The real estate market in the Lekki-Epe corridor has officially transitioned into a “Golden Growth Phase,” with the Ogba-Idunnu and Lekki Aviation Town axes emerging as the primary beneficiaries of the proposed Lekki International Airport. As of January 2026, real estate analysts and major developers, including Harmony Gardens and Estate Development Ltd, have confirmed that this sub-market is outperforming traditional investment zones due to its strategic proximity to a suite of mega-infrastructure projects. Analysts project that capital appreciation for properties in these specific zones will reach 35% this year, driven by an “infrastructure-led growth” model where value spikes are triggered by government approvals and visible construction progress. ​Lekki Aviation Town, positioned directly opposite the 3,500-hectare site of the proposed international airport, is currently being marketed as a “buy-and-build” opportunity rather than a speculative venture. Residential plots of 500sqm in the area are now averaging between N37.5 million and N60 million, while 1,000sqm commercial plots are commanding prices as high as N150 million. Development in the sector is accelerating with the construction of a 2.5km internal road network and the ongoing substructure for the “Asake Cottage” units. ​The rapid appreciation is linked to what experts describe as a “multiplier effect” caused by a cluster of catalysts, including the Lekki Deep Sea Port, the Dangote Refinery, and the Lekki Free Trade Zone. Industry experts are comparing the current state of Ibeju-Lekki and Epe to the early development of Lekki Phase 1, predicting that these regions will become the new economic heart of Lagos. This “Shenzhen Effect” has spurred a massive influx of capital, with developers focusing on the Ogba-Idunnu axis to cater to thousands of high-middle-income professionals migrating to work in the nearby industrial hubs. ​While prime districts like Ikoyi and Victoria Island continue to see stable, moderate appreciation of 5% to 10%, the current “Mainland Renaissance” in Epe and Ibeju-Lekki is capturing the bulk of diaspora and early-stage investment capital. Developers note that the Ogba-Idunnu area has specifically emerged as a preferred residential expansion zone, offering a 15-to-25-minute commute to the new airport while remaining insulated from the direct industrial noise of the Free Trade Zone.

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