President Tinubu commended a $1.126 billion financing agreement for Section 2 of Phase 1 of the Lagos-Calabar Coastal Highway, announced on 26 December 2025. The funding is set to accelerate construction of the next stretch of the six-lane coastal route, building on the first 30-kilometre section commissioned earlier in the year. The administration has framed the highway as a flagship infrastructure project expected to unlock economic activity along Nigeria's southern coastline once complete.