David Umahi, the minister of works, has given a seven-day ultimatum to Winhomes Global Services Limited to provide the necessary documents for an alleged $250 million real estate investment along the ongoing Lagos-Calabar Coastal Highway, threatening to petition security agencies and international authorities to investigate the matter.
The minister dismissed claims by the company that it invested $250 million in a land acquisition affected by the Lagos-Calabar coastal highway project, insisting that there is no evidence to support the company’s allegations of government encroachment and demolition.
Speaking during an inspection of the project site in Lagos on Monday, Umahi accused the firm of misleading Nigerians and attempting to discredit the federal government’s infrastructure drive. He said the matter had already been resolved in court in favour of the government and that the Lagos State government had legally revoked the land in question.
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“I have a document from Winhomes that says they bought 12 hectares of land in 2022 for the sum of N50 million. In this area, with all the development around, I don’t know if the villagers were terribly cheated or if due process was followed. Nigerians should ask questions,” Umahi told journalists at the site.
The minister alleged that the company exaggerated its claims, pointing to what he described as substandard fencing, a poorly constructed drainage of “not more than 10 meters,” and no visible infrastructure of the value claimed.
“The only thing we destroyed was the gatehouse, for which the enumerator graciously gave her N19 million.
“The woman claimed she has invested $250 million. Not ₦250 million, but dollars. We cannot trace the money, the approvals, or the investors. If she really brought that amount, where is it? Show us through the CBN, show us who paid, and how much they paid. Otherwise, it is a fraud to me,” Umahi said.
He announced plans to petition the Economic and Financial Crimes Commission (EFCC) and the Department of State Services (DSS) to investigate the matter, and warned that unless Winhomes provided verifiable evidence within seven days, the ministry would escalate the case to diplomatic channels.
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“I need an apology from the woman, and I’ll be writing to the Embassy of America to demand that they send the woman back to us so that she will come and tell us where the money is and how it left America to come to Nigeria,” Umahi said.
Civil society representatives who joined the inspection also questioned the company’s claims. Declan Hekare, one of the activists who had earlier led protests in Abuja, said his findings on site contradicted the narrative of large-scale demolitions.
“What I am seeing here is below my expectations. I expected to see structures that were erected and pulled down. That is not the case. If by the end of two weeks, more evidence is not provided, we will address a world press conference. Nigerians cannot be misled,” Hekare declared.
On the broader project, Umahi assured that the coastal highway, one of the federal government’s four legacy infrastructure projects, would be delivered under a funding arrangement that combines 30 percent government financing and 70 percent private capital. He added that concessionaires with proof of funds were already lined up to participate.
