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Lagos-Calabar Highway: Foreign Investors Decry $250m Property Demolition

A real estate investor leading other diasporans to invest in the country through WinHomes Global Estate, Stella Okengwu, has decried the demolition of the company’s estate worth $250m.

She decried this act at a press briefing in Lagos State on Wednesday, alleging that the act was a targeted action by the Minister of Works, David Umahi.

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.”

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