An actual property investor chief alternative diasporans to spend money on the rustic thru WinHomes World Property, Stella Okengwu, has decried the devastate of the corporate’s property importance $250m.
She decried this function at a press briefing in Lagos Climate on Wednesday, alleging that the function used to be a focused motion by means of the Minister of Works, David Umahi.
She mentioned the unlawful vacation to WinsHomes World Property affected trait house owners who reside within the diaspora.
Okengwu mentioned, “All of the property of WinHomes World Property, importance $250m used to be demolished following an layout by means of 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 famous that it used to be a very easy selection for her to reply to the decision by means of Tinubu upcoming his starting on Might 29, 2023, which he adopted up on with numerous in a foreign country travels in his insistent force for Nigerians within the diaspora to return again house and fasten fingers into the improvement of the rustic by means of making an investment in Nigeria.
“As an actual property investor, I, my companions, Femi Adekoya and Olawale Oluwa (Pelle Houses) knew we needed to give a contribution and build our affect felt in an instant.
“We collaborated to obtain a considerable tract of land to help our esteemed President’s financial time table and go with its complete building.
“However, the recent actions of the Minister of Works have cast a shadow over these efforts,” Okengwu mentioned.
Consistent with her, the diasporan actual property buyers expressed their anguish over the devastate in their investments within the Okun Ajah branch of Lagos Climate, calling for pressing intervention from President Bola Ahmed Tinubu and an investigation into alleged corruption inside the Ministry of Works.
She disclosed, “The actual property building, which had attracted considerable overseas direct funding, used to be destroyed on October 5, 2024. This devastate used to be performed underneath the orders of the Federal Ministry of Works and allegedly violates the 2006 gazetted alignment for a proposed coastal highway mission.
“Through WinHomes Investment Scheme, 70 per cent of subscribers were diasporans, injecting millions into the Nigerian economy. The investors had meticulously followed legal protocols, obtaining all necessary documentation, including a certificate of occupancy, governor’s consent, and coastal road clearance.”
Okengwu additional accused the Federal Ministry of Works of illegally diverting the coastal highway from its authorized alignment, make happen the wreck of all homes in WinHomes property with out prior realize or prison justification.
She alleged, “In addition, there is no marine hub cable in Okun-Ajah to prompt any reason for the diversion. Corruption within the Ministry, claiming that residents of Ocean Bay paid to have their properties spared. We were blindsided by the demolition.”
She recommended the President to interfere at once, repair the untouched coastal highway alignment, and safeguard that the Senate Committee on Works investigates the corruption.
When contacted for feedback at the building, the Particular Assistant (Media) to the Minister of Works, Orji Orji, informed our correspondent that there used to be not anything to react on.
He mentioned, “Such complaints should officially be channelled for appropriate response. We can’t react on nothing.”
In an previous file, the citizens of the Okun Ajah nation within the Eti-Osa Native Govt Department of Lagos Climate raised the alarm over the alleged unlawful vacation of the continuing Lagos-Calabar Freeway thru their nation by means of some officers of the Federal and Climate executive companies.
The nation additionally debunked claims by means of the Ministry of Works that the verdict to divert the street in Okun-Ajah used to be necessitated by means of the presence of telecommunications cable.
The citizens in a letter by means of their Chairman and Secretary, Isah Noibi and Yusuf Odunuga, respectively, recommended President Tinubu to direct the officers to opposite the vacation.
The Building of the Lagos-Calabar Freeway formally started in March 2024 with the primary section, a 47.7km stretch in Lagos Climate, foundation from Ahmadu Bello Method.
Umahi in the past mentioned that the entire 700km freeway is anticipated to be finished in 8 years, with more than one categories starting concurrently as soon as procurement, approvals, and alternative important processes are finalised.