A business owner from Nigeria who invests in the United States has called on President Bola Ahmed Tinubu to defend legitimate property ownership and tackle deteriorating financial conditions with stronger leadership. Stella Ifeoma Okengwu leads WINHOMES Global Services Ltd. and says thousands of citizens living abroad want fairness rather than extraordinary solutions. She contends the administration must rebuild trust by preventing abuse against investors who follow legal requirements.
Her statement centers on claims that authorities demolished the $250 million WINHOMES Estate near Okun Ajah in Lagos for the Lagos-Calabar Coastal Highway without proper procedures. Foreign investors funded the complex, and Okengwu argues destruction ignored approved road plans and trampled property protections. She noted the naira dropped more than 70 percent against major currencies over 12 months, requiring swift action to steady government finances.
The executive asked the president to enforce legal standards, shield overseas investors from excessive government power, pay those harmed by improper demolitions, and ensure transparent operations across agencies. She expressed confidence in the Renewed Hope Agenda while saying genuine progress requires confronting wrongdoing directly.
Her statement centers on claims that authorities demolished the $250 million WINHOMES Estate near Okun Ajah in Lagos for the Lagos-Calabar Coastal Highway without proper procedures. Foreign investors funded the complex, and Okengwu argues destruction ignored approved road plans and trampled property protections. She noted the naira dropped more than 70 percent against major currencies over 12 months, requiring swift action to steady government finances.
The executive asked the president to enforce legal standards, shield overseas investors from excessive government power, pay those harmed by improper demolitions, and ensure transparent operations across agencies. She expressed confidence in the Renewed Hope Agenda while saying genuine progress requires confronting wrongdoing directly.