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    HomeNewsCYMS Calls for Presidential Action in Winhomes Investment Dispute

    CYMS Calls for Presidential Action in Winhomes Investment Dispute

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    By Hosea Parah, Abuja

     

    The Committee of Youth on Mobilization and Sensitization (CYMS) has urged President Bola Ahmed Tinubu to step in urgently regarding the ongoing dispute involving Winhomes Global Services Limited and diaspora investors linked to the Lagos-Calabar Coastal Road project.

     

     

     

    In a press conference on Thursday, Chief Obinna Nwaka, Director General of CYMS, and Hon. Tayo Tola Agbaje, Chairman of Renewed Hope Concern Citizens, expressed serious concerns over the unresolved situation that has persisted for over two years, leaving affected investors without compensation. They warned that the ongoing issue could damage Nigeria’s reputation as a secure and investment-friendly nation.

     

     

     

    The controversy escalated after comments from Minister of Works, David Umahi, who allegedly claimed he personally ordered the demolition of the Winhomes Estate. CYMS highlighted constitutional and procedural issues raised by the minister’s assertion that the decision did not originate from the President.

     

     

     

    “The implications of this issue extend beyond the immediate parties involved,” the statement read, underscoring that investor confidence hinges on transparency, legal safeguards, and timely resolution of disputes.

     

     

     

    CYMS is calling on the President to clarify the authority behind the demolition, ensure adherence to due process, and facilitate fair and prompt compensation for all affected investors. The group also requested the Federal Ministry of Works to provide a comprehensive explanation of the legal and administrative grounds for the demolition.

     

     

     

    Furthermore, CYMS appealed to relevant oversight and anti-corruption bodies to initiate an independent investigation, citing concerns over potential abuse of office and violations of constitutional rights.

     

     

     

    The group cautioned that continued inaction could worsen perceptions of governance and accountability in Nigeria, especially among foreign investors and diaspora members.

     

     

     

    Additionally, CYMS has urged diaspora stakeholders to postpone a planned protest and international press conference set for April 20, 2026, in Washington, D.C., asking for patience as they await government action.

     

     

     

    Reiterating their commitment to advocacy, CYMS stated, “Delayed justice undermines public confidence and diminishes Nigeria’s standing in the global community.”

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