In response to growing worries about the development of the 1.5-kilometer Coastal Highway project between Lagos and Calabar, Nigerian real estate billionaire Paul Onwuanibe, the founder and CEO of Landmark Africa Group, has attempted to allay misgivings about the Landmark Beach Resort.
Last week, Onwuanibe met with key stakeholders, including the Lagos State Government, Federal and State Ministries of Tourism, and the Federal Ministry of Works and Housing. The negotiations focused on ensuring that construction activities linked with the coastal highway project do not significantly interrupt operations at the Landmark Beach Resort, a key asset in the Landmark Group’s tourism portfolio.
Following a visit to the resort by Minister of Works, Senator Dave Umahi, Onwuanibe expressed confidence that continued discussions would result in steps to protect the resort’s activities, independent businesses, and the myriad of linked employment. In a message released on social media platform X (previously Twitter), he thanked the Minister for his personal attention to the problem and expressed optimism for a mutually beneficial conclusion.
“Further to the recent visit made by the Federal Minister of Works to the Landmark Ecosystem, I would like to thank the Honourable Minister, Senator David Umahi, for taking the time to visit and see first-hand the infrastructure, independent businesses, and tourism platform on the Landmark Beach,” Paul Onwuanibe.
Onwuanibe added. “Despite Senator Umahi’s busy schedule, we value his support for our sector. I am hopeful that the ongoing conversations and deliberations will result in the preservation of the Landmark Group’s tourism platform, which is built around the Landmark Beach, independent businesses, and thousands of connected employment.”
Landmark Africa, with its rich history and broad portfolio of over 130,000 square meters of mixed-use space, stressed its considerable presence in Lagos, including the acquisition of beachfront land in 2007, before the coastal road project was conceived in 2012. The corporation emphasized the coastal highway as an infrastructure effort with the potential to boost the regional economy and improve connectivity.
Through constructive interaction with government agencies and stakeholders, Landmark Africa reaffirmed its commitment to finding solutions that balance infrastructure development with the protection of vital assets and economic interests. The company’s proactive strategy has resulted in positive development in recent negotiations, indicating a route to mutually beneficial solutions.
As Landmark Africa navigates the complexity of the Lagos-Calabar Coastal Highway project, its dedication to constructive discussion and collaboration demonstrates its critical role in developing Nigeria’s infrastructure landscape. With encouraging developments on the horizon, stakeholders believe the project has the ability to stimulate economic growth and foster regional connectivity while safeguarding critical tourism assets.
