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Tag: WinHomes

  • Claims of estate takeover misleading, false — Winhomes

    Claims of estate takeover misleading, false — Winhomes

    Winhomes Global Services Limited has dismissed as false and deceptive reports circulating in some quarters that its estate has been taken over by certain subscribers, describing the claims as malicious and legally impossible.

    In a public notice issued on Tuesday, the company clarified that Winhomes Estate remains the exclusive property of Winhomes Global Services Limited and has not been relinquished to any individual or group.

    According to the statement, what transpired was an unlawful invasion of the estate by a small group of individuals, including factions purporting to be subscribers, who allegedly gained access with the presence of uniformed military personnel.

    The company described the action as illegal self-help, noting that the Nigerian military has no constitutional authority to intervene in civil land or property disputes.

    Winhomes stressed that the estate is not vacant land but a fully developed property lawfully owned and managed by the company, backed by a valid Governor’s Consent issued by the Lagos State Government.

    It further clarified that all subscribers made payments directly to Winhomes Global Services Limited and not to any association or group, adding that any entity describing itself as an “Association of WINHOMES Landowners” has no legal standing.

    On compensation issues linked to the Lagos–Calabar Coastal Road Project, the company stated that any compensation payable by the government would be made solely to Winhomes Global Services Limited as the lawful title holder. It assured subscribers that any compensation due to affected clients would be transparently and equitably disbursed in accordance with the law.

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    Winhomes also warned that acts such as forcible entry, intimidation, harassment, and destruction of property constitute criminal offences under Nigerian law. The company disclosed that estate gates and facilities were damaged during the invasion, actions it described as malicious damage to property.

    The company confirmed that it has commenced legal proceedings over the unlawful invasion of the estate, the unauthorised involvement of armed personnel, threats and intimidation, and the wilful destruction of property.

    Winhomes expressed appreciation to subscribers who have remained calm and law-abiding, assuring them that justice is being pursued and that all issues will be resolved through lawful means.

    “Winhomes remains lawful, standing, and committed to its subscribers. We will not be intimidated or derailed. Justice will prevail,” the statement concluded.

  • Coastal highway: Winhomes urges subscribers to avoid parallel legal actions

    Coastal highway: Winhomes urges subscribers to avoid parallel legal actions

    Winhomes Estate Global Services Ltd has advised its subscribers and members of the public to refrain from instituting independent or parallel legal actions concerning the Winhomes Estate land at Okun-Ajah, Lagos, noting that the matter is already before the courts.

    In a public notice, the company stated that it has instituted a suit, which is currently on appeal, in its name and on behalf of all purchasers of land within the estate.

    It said the legal action relates to issues arising from developments connected with the Lagos–Calabar Coastal Road project and engagements with the Federal Ministry of Works.

    The company explained that the suit covers both affected and unaffected subscribers of Winhomes Estate.

    It reiterated that it remains the duly constituted developer and representative body handling the matter collectively in court and in discussions with the federal government and the Ministry of Works on settlement, compensation, and restitution.

    The company clarified that it has not authorised any subscriber, group, or individual to file separate lawsuits or commence independent legal proceedings on the same subject.

    According to Winhomes, subscribers who choose to pursue independent actions while the appeal is pending do so at their own discretion.

    The company also recalled its previous involvement in addressing earlier disputes affecting the estate, stating that it had acted in the collective interest of subscribers in those instances.

    On the future of the estate, Winhomes assured subscribers that their investments would be preserved once the legal process and engagements with the federal government are concluded.

    The company further advised unauthorised persons to refrain from actions that could interfere with the ongoing appeal or ongoing discussions with the government.

    It maintained that, pending the final determination of the appeal and resolution with the Federal Government, it remains the only recognised entity prosecuting the matter on behalf of subscribers.

    The notice added that upon settlement and compensation by the Federal Government, the estate would be redesigned, restructured, and reallocated in a way that preserves subscriber equity and value.

  • Protect Diaspora investments, Winhomes boss urges Tinubu

    Protect Diaspora investments, Winhomes boss urges Tinubu

    A Nigerian entrepreneur and US-based diaspora investor, Mrs. Stella Ifeoma Okengwu, has issued a passionate appeal to President Bola Ahmed Tinubu, urging him to prioritise the protection of lawful investments and address the worsening socio-economic indicators with renewed courage and accountability.

    Speaking on behalf of thousands of Nigerian diaspora investors, Okengwu, CEO of WINHOMES Global Services Ltd., emphasised that the people are “not asking for miracles, but fairness” and called on the President to actively restore trust, rebuild investor confidence, and ensure that his administration shields citizens and lawful investors from abuse, intimidation, and injustice. 

    She urged the President to choose to “be remembered as the man who healed Nigeria — not the one who watched her bleed,” framing the economic situation as an urgent call to action against poverty and instability.

    Okengwu highlighted stark data illustrating the nation’s economic struggles, which she stressed is rapidly eroding confidence and discouraging investment. 

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    She added that the Naira lost over 70% of its value in the past year, demanding immediate intervention to stabilise the country’s fiscal position.

    The core of her appeal is linked to the alleged unlawful demolition of the $250 million WINHOMES Estate in the Okun Ajah area of Lagos. 

    The estate, financed by diaspora investors, was reportedly destroyed as part of the Lagos-Calabar Coastal Highway project. 

    Okengwu criticised the demolition, which investors claim disregarded the established road alignment and due process, stating that it undermines Nigeria’s commitment to foreign investment. 

    She warned that “When bulldozers replace justice and intimidation replaces dialogue, no nation rises.”

    The diaspora leader called on President Tinubu to decisively act to uphold the rule of law, protect diaspora investors from government overreach, compensate victims of unlawful demolitions to demonstrate respect for property rights, restore confidence in government institutions by upholding judicial integrity, and demonstrate transparency and accountability at all levels of governance. 

    Okengwu reaffirmed her belief in the President’s Renewed Hope Agenda, emphasising that true national renewal starts with confronting injustice, concluding that Nigerians are “not asking for pity — they are asking for justice.”

  • WinHomes: American investors protest demolition of $250m investment

    WinHomes: American investors protest demolition of $250m investment

    A group of American investors gathered in Houston, Texas, to protest the recent demolition of a $250 million Winhomes property in Lagos, Nigeria.

    The protesters, who assembled with placards, called on the Nigerian government to address their concerns over the demolition of their investment.

    The Chief Executive Officer of Winhomes Global Services LTD, Engr. Stella Ifeoma, speaking during the protest, stated: “We are the legal owners of 17.03 hectares of land in Okun Ajah, Eti Osa LGA, Lagos State. As the CEO, I coordinate properties for numerous Nigerians and foreign nationals in the diaspora who have invested in our initiative to promote development in Nigeria and Africa.”

    She explained that the group carried out due diligence before acquiring the demolished property, securing necessary government approvals, including the Governor’s Consent and a Certificate of Occupancy.

    “Furthermore, we obtained a Right of Way clearance from the Lagos State government, confirming that the land is free from all encumbrances and is not within the designated alignment of the Lagos-Calabar Coastal Road,” she added.

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    She noted that concerns about the project alignment arose in 2022 but initially did not cause alarm. However, after the appointment of the current Minister of Works, changes were made to the alignment, affecting properties previously considered safe.

    The protesters urged President Bola Tinubu to investigate the matter and ensure transparency in government projects affecting private investments.

    “Mr. President, we call for a thorough investigation into the process that led to these demolitions. Transparency is non-negotiable, and accountability is essential. We must ensure that the rights of investors and citizens are respected.”

    They also requested that affected parties be included in discussions regarding the project and emphasized the need for clear communication from authorities.