A foremost rights protection and youth mobilisation group, the Committee of Youth on Mobilization and Sensitization (CYMS), has expressed concern over the situation involving Winhomes Global Services Limited and diaspora investors affected by the Lagos-Calabar Coastal Road project, calling for presidential intervention and compensation for affected estate investors.

The Director-General of CYMS, Chief Obinna Nwaka, made the call in a communiqué jointly issued with the Chairman of Renewed Hope Concern Citizens (RHCC), Hon. Tayo Tola Agbaje, following a joint world press conference held in Abuja.

The group also urged Winhomes investors to suspend planned protests abroad, warning that such actions could damage Nigeria’s image and discourage genuine investment.

READ MORE  Niger LG commissions market to improve IGR

Nwaka said the unresolved matter threatens Nigeria’s reputation as a reliable and investment-friendly nation, noting that despite engagements with relevant authorities, Winhomes had not received compensation or resolution for over 24 months.

He expressed concern over a statement attributed to the Minister of Works, David Umahi, who reportedly claimed responsibility for ordering the demolition of the Winhomes Estate, stating that the directive did not emanate from the President.

According to him, the claim raises constitutional questions regarding due process and authority in matters affecting private and foreign investments.

“If accurate, this requires immediate clarification from the highest levels of government to ensure that due process was followed and that actions align with established legal standards,” he said.

READ MORE  Gbajabiamila pained over Rasheed Alaba’s death

Nwaka added that the implications of the dispute extend beyond the affected parties, stressing that Nigeria’s ability to attract local and foreign investments depends on legal protection, transparency and timely dispute resolution.

He warned that continued inaction could reinforce negative perceptions about governance and accountability, as the matter has already attracted national and international attention.

The group, therefore, urged the President to intervene by clarifying the authorisation for the demolition, ensuring due process was followed, and guaranteeing prompt and fair compensation to affected parties.

It also called on the Federal Ministry of Works to provide a detailed account of the circumstances surrounding the demolition,
including its legal basis, and urged anti-corruption and oversight agencies to conduct an independent investigation into possible abuse of office or constitutional violations.

READ MORE  2 burnt to death, 4 arrested as thugs set NNPP campaign office on fire in Kano

The group appealed to the Association of Nigerian Diaspora Investors to suspend its planned protest and world press conference scheduled for April 20, 2026, in Washington, D.C., United States.

Nwaka emphasised that protecting investments and upholding the rule of law are critical to sustaining investor confidence and national development, urging the Federal Government to take decisive action to resolve the matter and restore confidence among investors.

LEAVE A REPLY

Please enter your comment!
Please enter your name here