The Nigerian Minister of Works, David Umahi, warned that the ongoing legal disputes over the Winhomes development project could jeopardise the Tinubu administration’s relationship with diaspora investors. In a recent interview on Arise Television, he reaffirmed the federal government’s commitment to protecting legitimate investments while ensuring transparency and accountability in infrastructure projects.
Umahi addressed concerns about the Lagos‑Calabar Coastal Highway and the controversial Winhomes project, responding to allegations leveled against him and the government. He criticised the spread of damaging information, saying it could create unwarranted fear among investors. The minister argued that misinformation regarding infrastructure costs and property disputes could negatively affect investment.
According to Umahi, the Winhomes issue centres on land transactions and alleged discrepancies in the CEO’s dealings. He noted that the CEO of Winhomes purchased 12 hectares of land from villagers in 2022 for 50 million naira. However, investors have claimed that two brothers bought five hectares and another individual bought an additional five hectares in 2021, before the CEO’s alleged purchase.
Umahi reiterated the government’s commitment to resolving the matter and protecting the interests of all parties involved. He emphasized that the dispute would not be allowed to damage Nigeria’s relationship with diaspora investors. The statement comes as the government seeks to attract foreign investment and promote economic growth, and the resolution of the Winhomes dispute will be closely watched for its implications on the country’s investment climate.
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