Diaspora investors in WINHOMES Estate have rejected the minister of Works, David Umahi’s recent public statements on the Lagos–Calabar Coastal Highway project.
According to the investors, Umahi’s statements are misleading, inaccurate and a grave disservice to Nigerians and the international community.
A statement signed by the CEO of WINHOMES Global Services Ltd, Engr Stella Okengwu, said the truth needed to be told.
She said the minister has publicly claimed that only four hectares of land belonging to WINHOMES were affected by demolition.
“This is patently false. WINHOMES represents over $250 million in diaspora investment, covering a far larger area than acknowledged. Families, professionals, and businesses who invested in good faith under Nigeria’s land allocation system have lost properties and assets valued at much more than what the Ministry admits,” she said.
The group also punctured the minister’s assertion that the federal government has obtained a court judgment in its favour.
“This is untrue. The matter—Suit No. FHC/L/CS/1063/25—remains pending before Justice Akintayo Aluko at the Federal High Court, Ikoyi, Lagos. No trial has commenced, no judgment has been delivered, and any suggestion otherwise is a reckless distortion.
“Under Nigerian law, ongoing cases must be allowed to run their course. To revoke titles or seize property while proceedings are active is unconstitutional and undermines the foundation of justice,” the statement said.
The group said some people have repeatedly invoked the President’s name in the dispute, adding that it is inappropriate and damaging.
“Presenting a legal conflict as though it bears presidential endorsement drags the Presidency into a matter that must be resolved strictly by the courts. This erodes investor confidence, paints Nigeria as a country where executive interference trumps judicial independence, and sends the wrong signal to the international community,” the statement said.
