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KOKO Business · 19 Oct 2026

Former Vice President Questions Coastal Highway Loan and Project Changes

KOKO Business | People, Ideas, Markets, Growth | Former Vice President Questions Coastal Highway Loan and Project Changes

The former vice president highlighted concerns over the coastal highway project design, contract terms, and financial implications following the government’s decision to reroute sections of the highway. Atiku criticized the government for altering the route without explaining the impact on project costs and contractual obligations, noting that the changes undermine the promise made to Nigerians.

Atiku also demanded transparency regarding a potential $20 billion loan from the National Assembly, specifically whether the facility would cover payments for the coastal highway project or Hitech Construction Company. The former vice president insisted the government must clarify if the loan includes funds for existing project payments.