A real estate investor expressed disappointment over the demolition of properties in a company’s estate valued at $250 million. The investor alleged that the Minister of Works was behind this targeted action. The estate, owned by diasporans, was demolished without prior notice, affecting property owners living abroad.
The investor highlighted that the demolition deviated from the authorized coastal road alignment, negatively impacting the investments made by diasporans. She emphasized the need for intervention from President Bola Ahmed Tinubu and called for an investigation into possible corruption within the Ministry of Works.
The WinHomes Investment Scheme, through which 70% of subscribers were diasporans, contributed significantly to the Nigerian economy. The investors had followed legal procedures and obtained all necessary documentation, but their properties were still demolished without justification.
The investor urged the President to restore the original coastal road alignment and ensure that the Senate Committee on Works investigates the alleged corruption. However, the Special Adviser to the Minister of Works declined to comment on the issue.
Residents of the Okun Ajah community raised concerns about the illegal diversion of the Lagos-Calabar Expressway through their area by government officials. They refuted claims that the diversion was due to telecommunications cables and called for its reversal.
Construction of the Lagos-Calabar Highway began in March 2024, with the initial phase covering a 47.7km stretch in Lagos State. The completion of the full 700km highway is expected to take eight years, with various sections commencing once all necessary processes are completed.