Tinubu Urged to Intervene in WINHOMES Coastal Road Dispute Amid Investor Concerns
The Committee of Youth on Mobilisation and Sensitisation (CYMS) has issued a formal appeal to President Bola Tinubu, urging him to intervene in a protracted dispute involving WINHOMES Global Services Limited and diaspora investors affected by the Lagos-Calabar Coastal Road project. In a statement jointly signed by Chief Obinna Nwaka, the director-general of CYMS, and Tayo Tola Agbaje, chairman of the Renewed Hope Concern Citizens (RHCC), the civil society group highlighted that this matter has remained unresolved for over 24 months, despite ongoing engagements with relevant authorities.
Prolonged Uncertainty Threatens Economic Outlook
CYMS emphasized that the delay in addressing the dispute, which includes unresolved compensation concerns, points to significant gaps in administrative efficiency. The group warned that prolonged uncertainty surrounding investment-related issues could severely weaken investor confidence and negatively impact Nigeria's broader economic outlook. This concern is particularly acute at a time when the country is actively seeking to attract foreign and diaspora capital to fund critical infrastructure projects.
The statement stressed the urgent need for the federal government to clarify approvals and procedures related to the coastal road project, underscoring the importance of adhering to due process in all developmental actions. CYMS called for a more transparent and timely resolution process to restore trust and ensure justice for all affected parties.
Call for Independent Review and Accountability
In addition to presidential intervention, CYMS has urged oversight and anti-corruption agencies to conduct an independent review of the dispute. This review aims to establish the facts, enhance transparency, and strengthen institutional accountability. The organization appealed for constructive engagement among all stakeholders, asserting that a fair and lawful resolution would help protect Nigeria's reputation as a viable 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 read. It added that decisive leadership is essential to uphold justice, protect investors, and reinforce the rule of law.
Related Calls for Action from HURIWA
In a related development, the Human Rights Writers Association of Nigeria (HURIWA) has also called for urgent presidential intervention in the ongoing dispute. Speaking at a press briefing in Abuja, HURIWA noted that the matter has dragged on for more than two years without resolution, weakening confidence in governance and raising concerns about respect for the rule of law. The group's review indicated that repeated engagements with authorities have yielded no outcomes, and affected diaspora investors, who were invited back to Nigeria for discussions, have yet to receive compensation.
CYMS further called on diaspora stakeholders to remain engaged but suspend planned protests over the issue, advocating for a peaceful and procedural approach to resolution. The collective appeals underscore the critical need for swift action to address investment disputes and safeguard Nigeria's economic interests.
