Coastal highway: Youths seek solution to dispute
Committee of Youth on Mobilisation and Sensitisation has raised concerns about the prolonged dispute involving Winhomes Global Services and diaspora investors affected by Lagos-Calabar Coastal Road. In a statement by
Committee of Youth on Mobilisation and Sensitisation has raised concerns about the prolonged dispute involving Winhomes Global Services and diaspora investors affected by Lagos-Calabar Coastal Road.
In a statement by its Director-General, Obinna Nwaka, and Chairm of Renewed Hope Concern Citizens, Tayo Agbaje, the group said the matter has been unresolved for over 24 months despite engagements with authorities.
The group noted that the delay in compensation and resolution raises questions about administrative efficiency and underscores need for transparent dispute resolution tools.
It warned that unresolved investment disputes could undermine investor confidence and negatively impact Nigeria’s economic outlook,.
CYMS called on Federal Government to be clear on approvals and procedures on the project, insisting due process must be upheld.
It urged oversight and anti-graft agencies to review and state the facts and strengthen institutional accountability.
Read Also: Expert warns Nigeria has only two stroke-ready hospitals amid rising cases
While calling for constructive engagement among stakeholders, CYMS emphasised the importance of protecting Nigeria’s investment climate and global reputation.
It further appealed to President Bola Ahmed Tinubu to intervene, urging decisive action to ensure justice, proper procedures, and fair compensation for affected investors.
The group also called on diaspora stakeholders, including the Association of Nigerian Diaspora Investors, to suspend a planned protest and press conference scheduled for April 20, 2026, in Washington, D.C., stressing the need for dialogue over escalation.
“We encourage the international community and Nigerians in the diaspora to remain engaged and vigilant, recognising that issues of this nature have significant implications for global investment flows and Nigeria’s standing as a viable business destination.
“We appeal to the Association of Nigerian Diaspora Investors to stand still and discontinue their planned protest and World press conference scheduled to hold on 20th April 2026 at the White House, Washington DC, USA,” the statement added.
