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Lagos-Calabar Highway: Foreign investors decry $250m property demolition

She said the illegal diversion to WinsHomes Global Estate affected property owners who live in the diaspora.

Okengwu said, “All the estate of WinHomes Global Estate, worth $250m was demolished following an order by the Minister of Works, David Umahi.

“This world press conference intends to expose all of the falsehood and lay bare all the facts of the illegal coastal road alignment and diversion from the initial and authorised alignment of the 2006 gazette earmarked by the then Lagos state governor and now our President Bola Tinubu.”

She noted that it was an easy choice for her to answer the call by Tinubu after his inauguration on May 29, 2023, which he followed up on with various overseas travels in his insistent drive for Nigerians in the diaspora to come back home and join hands into the development of the country by investing in Nigeria.

“As a real estate investor, I, my partners, Femi Adekoya and Olawale Oluwa (Pelle Homes) knew we had to contribute and make our impact felt immediately.

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