Coastal road project: Businesses lament low patronage, incur losses

Coastal Road Project News

Coastal road project: Businesses lament low patronage, incur losses
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Owners of business enterprises affected by the Lagos-Calabar coastal road project have lamented low patronage.

It was learnt that Good Beach, which used to be a beehive of activities including parties, has been placed under lock and key.

The 27-year-old Landmark Group had been in business in Nigeria for over 20 years. Within that period, it had attracted over $100 million in foreign and domestic investment through the Landmark ecosystem. The closing down of the beach, however, has taken a toll on the initiative and rendered thousands jobless.

When The Guardian visited the Bayroot Bay and Lounge, the management of Leisure Lifestyle lamented that it had lost millions of dollars since the construction started. It said people had not been coming to hold events again. A phone seller, Sandra Daniel, said business had gone down by 80 per cent since the beach was destroyed.

The Enugu State Government, yesterday, said that it sealed off offices of the Enugu Electricity Distribution Company in the state over its inability to provide customers with prepaid meters in line with the Nigerian Electricity Regulation Commission’s order.

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