In a chat with BBC News Pidgin, the flamboyant businessman from Benue state made more revelations about his life and how he worked so hard to become a billionaire.
Speaking during the chat, Mr. Waya who was not born into wealth, said he moved to Kaduna where got married and had his kids before sending them off to a boarding school in London.
He also said he later relocated to Abuja and that it was during the military regime of Gen. Ibrahim Babangida, he made a breakthrough in life.
The billonaire businessman went on to state that he discovered the popular Banana Island estate in Ikoyi Lagos. He said he was given the job to develop the area, but brought Gilbert Chagoury to work on the project.
Lastly, Mr. Terry Waya denied he was charged for money laundering in the UK as widely reported in 2005, but claimed that it was only mortgage deception he committed.