Participants noted that if the opportunities presented by the road are properly harnessed, the project could serve as a game changer capable of increasing Nigeria’s Gross Domestic Product to between $1.4tn and $14tn over the next 50 years. The biggest infrastructure programme in the last 65 years in Nigeria is the 750-kilometre Lagos-Calabar Coastal Road. We also invited the BRACED Commission, which covers the South-South states, because the road runs parallel to those states. We have seen examples in different parts of the world where a coastal road becomes a major catalyst for development. “We are talking about moving the Nigerian economy from under $400bn today to between $1.4tn and $14tn over the next 50 years.

Source: Punch March 25, 2026 15:18 UTC