Paul Onwuanibe, CEO of Landmark Beach Resorts, has appealed to the Lagos State Government (LASG) to consider rerouting only 1.5km of the 700km coastal highway currently under construction to avoid the destruction of the $200 million Landmark Resort.
The Landmark ecosystem accomodates over 80 businesses and annually hosts approximately 3 million visitors, including tourists and members of the diaspora.
Employing directly 4000 Nigerians and indirectly supporting 12,000 jobs, Landmark is a significant contributor to the local economy.
Onwuanibe revealed that he acquired the land in 2007, predating the plans for the coastal highway. However, he has been reportedly given a mere 7 days to evacuate the multi-billion dollar beach resort.
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Business