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Landmark Demands Compensation Over Demolition of Beachfront

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Landmark Demands Compensation Over Demolition of Beachfront

Landmark, a multi-million dollar corporate resort entity, has demanded compensation from the Lagos State and Federal governments for demolishing its beachfront.

This was disclosed via a press statement released on Friday morning as the company announced its decision to move on and continue its operations.

We are devastated by the horrific demolition of our much-cherished Landmark Beach. It has indeed been the most difficult eight weeks of our 27-year existence as an international organisation,” the statement partly reads.

According to Landmark, the beachfront property was identified in 2015 and made payments in 2016, giving it the right to occupancy at the shoreline.

The statement further reads that Landmark is willing to work with the State and Federal Government to receive “adequate compensation” in damages.

Landmark also announced that it is now looking to partner with three West African countries and two States in Nigeria to develop beachfront tourism in their localities.

Meanwhile, the Federal Ministry of Works, under the supervision of Dave Umahi, announced on Thursday that it had terminated the proposed realignment of the Lagos-Calabar Coastal Highway, which was the initial cause of demolition.

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