Nigeria, Nov. 12 -- Nigerian businessman and socialite Terry Waya has renewed his claim that he created Banana Island, Lagos's exclusive residential enclave.

Banana Island is a man-made peninsula reclaimed from the Lagos Lagoon and connected to Ikoyi. Known for its luxury residences, high property values and wealthy occupants, the estate features planned roads and underground utility systems.

Published accounts trace its original concept to the late civil engineer Adebayo Adeleke, who envisioned a larger development called Lagoon City, while the later banana-shaped estate was developed by the Chagoury Group in partnership with the Federal Ministry of Works and Housing.

Mr Waya's latest statement is not the first time he has claimed a r...