The Minister of Works, Senator Dave Umahi, has threatened to file a petition with the Economic and Financial Crimes Commission (EFCC) over claims made by Winhomes Global Services Ltd. The company alleges that Nigerians in the diaspora invested $250 million in its estate, which was allegedly affected by the realignment of the Lagos-Calabar Coastal Highway.
During an inspection of the highway on Monday, Senator Umahi expressed doubts about Winhomes’ claim that it purchased 12 hectares of land in the area for N50 million in 2022. He questioned the legitimacy of the transaction, suggesting that the villagers may have been cheated. The minister noted that the realignment of the highway only affected four hectares of land, leaving Winhomes with eight hectares.
According to Senator Umahi, the Lagos State Government holds the legal right to the land, having revoked and gazetted the right of way for the federal government’s use. The matter had previously been taken to court by Winhomes, but the court ruled in favor of the federal government. Senator Umahi emphasized that he had not engaged in any negotiations with Winhomes and considered the matter closed.
The minister plans to write to the EFCC to investigate the claim that $250 million was invested in Winhomes Estates, located in Lagos State. He pointed out that such a significant investment would require approvals and documentation, which Winhomes has not provided. Senator Umahi also questioned the remittance of funds from diaspora investors, noting that the Central Bank of Nigeria would have records of such transactions.
The minister has given Winhomes seven days to provide relevant documents supporting their allegations, failing which he expects an apology. The controversy surrounding the Lagos-Calabar Coastal Highway and Winhomes’ claims highlights the need for transparency and accountability in large-scale investments and infrastructure projects. As the situation unfolds, it remains to be seen how Winhomes will respond to Senator Umahi’s demands and the EFCC’s potential investigation.