Nigerians in Chicago, penultimate Sunday, protested against alleged poor investment environment, as well as demolition of their businesses in Nigeria, threatening to hold similar protests in all States of America, Canada and Europe until President Bola Tinubu addresses the issue of enabling environment for foreign investors to repose confidence in his administration.

In a statement on Tuesday by its Country Representative in Nigeria, Rev. Emmanuel Olorunmagba, the Diaspora group said an unfriendly business environment is capable of scaring away those planning to invest in Nigeria to boost the nation’s economy.

Citing the issue of Winhomes Global Services Limited that allegedly invested over $250 million in real estate in Okun Ajah, Lagos State, the statement noted that “only for the estate to be demolished on the instruction of the Minister of Works in Nigeria on the excuse that a marine cable exists on the original alignment along Okun Ajah.

According to the statement, one of the victims of the demolition exercise, Mrs Ifeoma narrated, “Following President Bola Ahmed Tinubu’s victory in the 2023 general elections in Nigeria and the launch of his Renewed Hope agenda, we, the Foreign Investors Network, have decided to invest in Nigeria through Winhomes, committing over $250 million in the Okun Ajah area of Lagos, specifically in Chainage 17 and 18.