₦airaland Forum

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MY TAKE ON THE ON-GOING LAGOS - CALABAR COASTAL ROAD ELEPHANT PROJECT.

Is it a coastal road that can be washed off by a Tsunami ? Is that the best of thinking that we can put up ?

Why not dredge the Niger and Benue that is criss crossing the nation for ships to navigate and therefore open up a big maritime business that would employ lots of people and better facilitate the movement of goods across the country . With concessioned terminals and ports across all the states that these 2 great heritage of the nation traverse, there would never be scarcity of goods in the nation again. Road accidents , tanker explosions, kidnapping on the highway etc would also be reduced significantly.

People can also be moved across these rivers with mini Titanic type beautiful ship as a means of transportation and tourism to complement the tourism businesses on the coast now being partly or totally destroyed...

And if you need to move some things by air, why not set up air cargo ports for small planes in the states that you want this road to pass as an alternative in conjunction with private investors ...

Why destroy an existing structure?

Why engage in an elephant project that would not be completed in 4 years ? Would this road give us more comparative advantage in terms of revenue inflows, job creation and economic revolution?

Imagine how billions of dollars would have come in to reduce and stabilise the exchange rate if the river ports and cargo ports I have mentioned above are privatised with Nigeria owning 51% of the shares across board? Imagine the inflow from tourism also?

It would have been a win win for all of the states in Nigeria and not just a few of them. Our GDP in the next 4 years would have hit over 1 trillion dollars placing us amongst the top 10 economies in the world !

The opportunity cost of this coastal road conundrum is the loss of an opportunity for the giant of Africa to rise once again!

What a pity.

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