Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

In frustration, Charles considers renouncing Nigerian passport

Investor says FCTA demolished Abuja business without notice

Hafsat Abubakar by Hafsat Abubakar
July 31, 2026
in Human Interest, News, Politics
0
Nigerian returnee investor, Charles Avwenagha

Nigerian returnee investor, Charles Avwenagha

0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

A Nigerian returnee investor, Charles Avwenagha, says he is considering relocating permanently to the United Kingdom and renouncing his Nigerian passport after a £75,000 loan he took there to fund his Abuja business went down the drain.

He said the Stopover Bar and Grill at Lokogoma was demolished by the Federal Capital Territory Administration on Tuesday without formal notice.

“As I’m talking to you now, I’m actually thinking of counting my losses, packing my load and going back and tearing the Nigerian passport. I have friends in the UK that have done it. I’m thinking of that as I speak,” Avwenagha fumed.

He spoke in an interview on the rubble of his business, which was captured in a video report by Per Second News published on Thursday.

He said he had only acted on rumours making the rounds a week earlier that the FCT authorities were coming to reclaim the land.

“I heard rumours about a week ago that they were coming to claim this land from nowhere. Nobody gave me any notification. Nobody came to me with any form of notice,” he said.

He said he decided on his own to shut down the business on Sunday and began evacuating his equipment. By Tuesday morning, welders, carpenters and masons were on site dismantling structures when bulldozers arrived.

“Around 12-1 in the afternoon, bulldozers just came. They saw people on the roof, taking out roof, taking out wood, welders working. They told them to come down and bulldoze the whole place to the ground,” he said.

Also Read: Wike approves promotion for 3,592 FCTA workers

Avwenagha, who said he built the business one year and three months earlier, said he took the loan in the UK to invest in Nigeria after being encouraged to return home. He said he had never obtained a government contract and did not know anyone in government.

“I came with money from the UK to invest here. So, I have to deal with that loan now. 84 staff. That’s what I was feeding here. It’s painful. I stood there and I watched it go. Nobody cares,” he said.

He questioned whether diaspora Nigerians should still be encouraged to invest in the country, citing the scale of job losses in Lokogoma alone.

“Are you telling me now to convince anybody to come from diaspora to invest in this country? Look at 84 people. In this place alone, I’m not exaggerating, at least 300 people have been jobless. Are you people saying they are creating jobs? Is this how you create jobs?” he said, listing nearby businesses, including Barbados, Amalashita, RM’s Gym, Hunter’s and Ari’s, that he said had also gone down.

The manager of Stopover Bar and Grill, Muktar Yahaya, corroborated the account, saying workers were still trying to move out property when the demolition team arrived and chased them off the site. Other staff, including Eze Chidimma, also gave tearful accounts of the sudden loss of their jobs.

The Per Second News crew visited the site in Lokogoma, where the report showed rubble from the demolished business alongside the accounts of the investor and his staff.

The FCT authorities have carried out a series of demolitions across Abuja in recent months, targeting structures the administration says were illegally built on government land.

The Minister of Federal Capital Territory Nyesom Wike has repeatedly defended the exercises, saying they are aimed at protecting lives and property and restoring Abuja’s master plan, and has vowed to continue them despite pushback from affected residents, lawmakers and civil society groups.

The Senate had in December 2024 asked the Federal Capital Development Authority to halt further demolitions except those ordered by courts of competent jurisdiction, following the outcry that trailed the exercises.

Wike, however, insisted there was no going back, describing those flagged as land grabbers and dismissing accusations of blackmail from critics.

 

PUNCH

Tags: Charles AvwenaghaEze ChidimmaFederal Capital Territory AdministrationMuktar YahayaNigerian returnee investor
Previous Post

FIFA begins consultation on 64-team World Cup format

Next Post

FG plans to phase out subsidy on electricity

Hafsat Abubakar

Hafsat Abubakar

Next Post
His Excellence President Bola Ahmed Tinubu

FG plans to phase out subsidy on electricity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

NRS Advertisement

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Chelsea winger, Mykhailo Mudryk

CAS clears Mudryk after doping appeal

July 31, 2026
His Excellence President Bola Ahmed Tinubu

FG plans to phase out subsidy on electricity

July 31, 2026
Nigerian returnee investor, Charles Avwenagha

In frustration, Charles considers renouncing Nigerian passport

July 31, 2026
FIFA President, Gianni Infantino

FIFA begins consultation on 64-team World Cup format

July 31, 2026

Recent News

Chelsea winger, Mykhailo Mudryk

CAS clears Mudryk after doping appeal

July 31, 2026
His Excellence President Bola Ahmed Tinubu

FG plans to phase out subsidy on electricity

July 31, 2026
Nigerian returnee investor, Charles Avwenagha

In frustration, Charles considers renouncing Nigerian passport

July 31, 2026
FIFA President, Gianni Infantino

FIFA begins consultation on 64-team World Cup format

July 31, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Chelsea winger, Mykhailo Mudryk

CAS clears Mudryk after doping appeal

July 31, 2026
His Excellence President Bola Ahmed Tinubu

FG plans to phase out subsidy on electricity

July 31, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.