Tinubu Urged to Intervene in WINHOMES Coastal Road Dispute

Tinubu Urged to Intervene in WINHOMES Coastal Road Dispute

  • CYMS has urged President Tinubu to resolve a 24-month dispute involving WINHOMES and diaspora investors
  • The civil society group said prolonged investment uncertainty threatens Nigeria's economic outlook and investor confidence, amidst funding needs
  • It called for an independent review to enhance transparency and uphold justice in the Lagos-Calabar Coastal Road project

Abuja, FCT - The Committee of Youth on Mobilisation and Sensitisation (CYMS) has called on President Bola Tinubu to intervene in a lingering dispute involving WINHOMES Global Services Limited and diaspora investors affected by the Lagos-Calabar Coastal Road project.

In a statement signed by its director-general, Chief Obinna Nwaka, and chairman of Renewed Hope Concern Citizens (RHCC), Tayo Tola Agbaje, the group said the matter has remained unresolved for more than 24 months despite engagements with relevant authorities.

Tinubu intervention, WINHOMES dispute, Nigeria economic outlook, diaspora investors, Lagos-Calabar Coastal Road, civil society group, investment confidence
President Tinubu faces fresh calls to step into the WINHOMES dispute as concerns grow over investor confidence and delayed compensation. Photo credit: @abdullahayofel
Source: Twitter

CYMS, a civil society group, said the delay in addressing the dispute, including compensation concerns, points to gaps in administrative efficiency and highlights the need for a more transparent and timely resolution process.

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Lagos coastal road dispute: Investor confidence at risk

The group warned that prolonged uncertainty around investment-related disputes could weaken investor confidence and affect Nigeria’s broader economic outlook, particularly at a time when the country is seeking to attract foreign and diaspora capital.

It urged the federal government to clarify approvals and procedures for the coastal road project, stressing the importance of due process in all actions related to the development.

Coastal road: Call for independent review

CYMS also called on oversight and anti-corruption agencies to conduct an independent review to establish the facts and strengthen institutional accountability.

The organisation appealed for constructive engagement among all parties involved, saying a fair and lawful resolution would help restore confidence and protect Nigeria’s reputation as an investment destination.

“We therefore urge Mr President to intervene in this matter, as it extends beyond the Minister of Works, to clarify the authorisation for the demolition, ensure proper procedures were followed, and guarantee fair and prompt compensation for all affected parties,” the statement said.

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It added that decisive leadership was needed to uphold justice, protect investors and reinforce the rule of law, while calling on diaspora stakeholders to remain engaged but suspend planned protests over the issue.

Tinubu intervention, WINHOMES dispute, Nigeria economic outlook, diaspora investors, Lagos-Calabar Coastal Road, civil society group, investment confidence
After two years of uncertainty, diaspora investors seek clarity as pressure mounts on the federal government over the coastal road project. Photo credit: @FinMinNigeria
Source: Twitter

Lagos coastal road: HURIWA demands Tinubu’s intervention

In a related development, the Human Rights Writers Association of Nigeria (HURIWA) has called for urgent presidential intervention in the ongoing dispute involving WINHOMES Global Services Limited and investors affected by the Lagos–Calabar Coastal Road project.

Speaking at a press briefing in the Federal Capital Territory (FCT), Abuja, the group said the matter has dragged on for more than two years without resolution.

It warned that the delay is weakening confidence in governance and raising concerns about respect for the rule of law. HURIWA said its review of the case showed that repeated engagements with authorities have not produced any outcome. The group noted that affected diaspora investors were invited to return to Nigeria for discussions, yet compensation has not been paid.

Source: Legit.ng

Authors:
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Nurudeen Lawal (Head of Politics and Current Affairs Desk) Nurudeen Lawal is an AFP-certified journalist with a wealth of experience spanning over 8 years. He received his B/Arts degree in Literature in English from OAU. Lawal is the Head of the Politics/CA Desk at Legit.ng. He previously worked at Lantern Books and Saraba Magazine. Lawal was named the Political Desk Head of the Year (Nigeria Media Nite-Out Award 2023). Lawal is a member of the Oxford Climate Journalism Network. He is also a certified fact-checker (Dubawa fellowship, 2020). Contact him at lawal.nurudeen@corp.legit.ng or +2348054399455.