- Nigerian investors in the U.S. have demanded justice after their multi-billion naira real estate investment in Lagos was allegedly destroyed due to the Lagos-Calabar Coastal Highway project
- They petitioned President Bola Tinubu over the alleged demolition of their multi-billion naira property, which they claimed was carried out by the Minister of Works, David Umahi
- The investors claimed to have invested $250 million (approximately N375 billion) in acquiring and developing 17.03 hectares of land in Okun Ajah, Lagos state, which was allegedly destroyed for the project
Diaspora investors accuse minister Umahi of demolishing N375bn propertyDiasporan investors accuse Umahi of demolishing N375 billion property.Photo credit: Nigerians Diasporan InvestorsSource: UGCWinhomes, a leading real estate company, has made significant contributions to Nigerias economy, repatriating $250 million in foreign direct investment. Our efforts align with your renewed hope agenda, encouraging Nigerians in the diaspora to invest at home. Despite our compliance with all legal requirements, including obtaining the necessary certifications and approvals, we have faced unjust treatment at the hands of the Ministry of Works.In the first quarter of 2024, we were shocked to learn that Minister Umahi had ordered an illegal diversion of the coastal road into our investment propertyan action that defies the original alignment earmarked by your administration. This blatant disregard for the law, coupled with the ministers selective demolition practices, raises serious concerns about integrity within the ministry, she said.We implore you, Mr. President, to take swift action to uphold the rule of law and restore faith in our nations governance, the letter reads.We trust that your leadership will not allow this injustice to continue, the letter added.FG demolishes buildings along Lagos-Calabar Coastal HighwayLagos-Calabar Coastal Highway project. Image for illustration purposes.
Photo credit: Nigerians Diasporan InvestorsSource: UGC
- We have paid: FG disburses N15 billion payment to landowners affected by Lagos-Calabar Highway
FG paid N2.75 billion compensation to landowners
READ IN FULL ON LEGIT.NG
Tinubu’s minister orders immediate reopening of Lagos bridge to ease trafficThe Minister of Works, Dave Umahi, has ordered the immediate reopening of the Independence Bridge in Lagos to ease severe traffic congestion Federal Controller of Works, Olukorede Kesha, confirmed that remedial measures are being implemented to restore vehicular movement The bridge was initially set for closure until May 2025 for repairs, but worsening gridlock prompted ...
Read more Continue reading here ▶ One major reasons Tinubu fired Kyari, NNPCL board emergesPresident Bola Tinubu dismissed Mele Kyari and other NNPCL board members due to concerns over their performance Tinubu has set ambitious targets for the new leadership, including increasing daily crude oil production to three million barrels by 2030 and boosting gas output to 10 billion cubic meters The reconstituted NNPCL board includes industry experts, with ...
Read more Continue reading here ▶ Farmer slumps on hearing false alarm, eventually dies, family makes requestA 54-year-old farmer, Jeremiah Onuminya, tragically collapsed and died in Usha, Agatu Local Government Area, following a false alarm about an impending attack Local authorities confirmed that exhaustion while fleeing was the cause of his death, urging residents to verify information to prevent panic The incident coincided with allegations of cattle poisoning in the area, ...
Read more Continue reading here ▶ Pregnant woman dies as hospital allegedly refuses treatment over N500k depositA pregnant woman, identified as Kemi, tragically lost her life after a private hospital allegedly refused her treatment due to her husband’s inability to deposit N500,000 for treatment Her husband, Akinbobola Folajimi, shared a heartbreaking video on social media capturing her final moments and detailing their ordeal As usual, Nigerians on social media reacted differently ...
Read more Continue reading here ▶ Food security: 5 FG's policies "yielding positive results" as Tinubu, Kyari get…The Good Governance Advocates of Nigeria (GGAN) has spoken on FG’s agricultural policies, hailing President Tinubu and agriculture minister Abubakar Kyari The group highlighted global collaborations and domestic initiatives, including fertilizer distribution and food aid, as crucial steps toward agricultural growth and food security GGAN also noted a significant drop in food pricesup to 70% ...
Read more Continue reading here ▶ 
