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REVEALED: Ikoyi Collapsed Building Moneybags—-For months, they remained unknown, unseen and unheard of. When many were mourning the loss of lives and asking questions, they remained quiet.

Now the veil has been lifted off the owners of the collapsed Ikoyi building, which killed scores of workers and others, including the owner of Fourscore Heights Limited, the company that initiated the project, Mr Femi Odubona.

The property on 44B, Gerrard Road, Ikoyi, went down on November 1,2021. Subscribers reportedly paid millions of dollars for a piece of what promised to be a beautiful edifice with a commanding height on the skyline of Ikoyi – home of the rich and powerful.

Now, the mystery of the owners of the doomed property has been resolved. Some individuals have gone to court in a desperate bid to stop the Lagos State Government from demolishing the other buildings on the site after experts have certified them unfit to stand.

Among the unlucky investors are mainly big businessmen and women: A senior lawyer, Mr Oluwemimo Adepoju Ogunde SAN, a pastor, Mr Adetola Odutola, Mr Bola Odutola, Mrs Bunmi Odutola, Mr Ghandi Olaoye,Ms Zahra Temitope Motomori, Mr Adewale Folowosele, Mr Moses Anibaba, Mrs Margret Anibaba, Dr Oladipo Oluyomi, Mrs Adepeju Oluyomi and Mr Tayo Oladapo.

There are, also, two companies Kwara Business School Limitedand Saikoyi Property Limited. The owners are not specified.

Where have they been all this while? Why did they not approach the panel of inquiry set up by the government to say all they knew about the property? Are they more interested in their money than the lives lost in this misadventure? These are some of the questions people are asking.

A government source said the state was studying the memorandum of claim served on the company handling the demolition of the two buildings that were left standing after the incident. “However, it is not right for them to say that the government can’t take over the property. The law states explicitly that when a property collapses, the government automatically takes over the property.”

The source added: “It’s all in the public interest and the government said so. Where were they when the Panel of Inquiry sat and took far-reaching decisions on the matter. The Government has even issued a White Paper. Were they ashamed of claiming their right? Don’t you wonder the kind of investors we are talking about? They couldn’t even ask for insurance before shelling out the huge cash they claimed to have paid the late owner of the property.”

Some of the investors said they paid the late Odubona various sums of money in dollars -$120,000, $111, 111. 11, $20,000, $315,586.78 and $7,708.

They said it was the alleged negligence of government agencies that led to the collapse of the building, but a source who testified at the sitting of the Panel of Inquiry said that there was evidence that the site was sealed off by the Ministry of Physical Planning. “Its officials were attacked at the site. In fact, the promoter of the project was arrested. The site was reopened and the promoter was yet to show proof of all he was asked to do before the building collapsed.” He said, adding: “Now, they want to put the blame on the government; that is being clever by half.”

A source who pleaded for anonymity said: “Now that the owners or potential owners of the doomed property have shown their face, those who lost their loved ones can go after them for compensation.”
The Lagos State Government is yet to react to the call for a meeting by the subscribers.

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JUST IN: President Buhari Hails Olowu Of Kuta, Oba Makama Oyelude, Tegbosun Ii, On 10th Anniversary



Buhari Hails Olowu Of Kuta

JUST IN: President Buhari Hails Olowu Of Kuta, Oba Makama Oyelude, Tegbosun Ii, On 10th Anniversary—-President Muhammadu Buhari felicitates with Olowu of Kuta, Oba Makama Oyelude, Tegbosun II, on his 10th anniversary on the throne, celebrating with the royal father on many achievements, particularly upholding the rich tradition of Owu Kuta kingdom.

The President notes the harmony, peace and tolerance that pervades the Owu Kuta kingdom since Oba Oyelude ascended the throne of his forefathers, bringing his experience of wide travels and interaction at national and global levels to bear on the position.

President Buhari affirms that His Royal Majesty’s proclivity of giving to people, without discrimination and demonstrating love, without expecting returns, goes a long way in getting his people to believe in his vision of making the kingdom a reference in the state, and the country.
On the 10th anniversary of Oba Oyelude, President Buhari extols the royal father for his wisdom, and willingness to share with the old and young, and the lowly and highly placed in society.

The President prays for more grace and strength for Oba Oyelude to keep serving his people, country and humanity.

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BREAKING: Alleged Massive Corruption At Federal Ministry Of Works, Group Urges EFCC To Ensure Diligent Investigation And Prosecution



Corruption At Federal Ministry Of Works

BREAKING: Alleged Massive Corruption At Federal Ministry Of Works, Group Urges EFCC To Ensure Diligent Investigation And Prosecution—-A coalition of anticorruption civil society organisations, Civil Society Coalition Against Graft, CISOCAG, has called on the Economic and Financial Crimes Commission, EFCC, to ensure a diligent investigation and prosecution of all who are found culpable in an alleged corruption syndicate at the Federal Ministry of Works.


CISOCAG in a statement issued by its Coordinator, Comrade Mark Adebayo and Secretary, Comrade Femi Lawson, alleged that it got information that one Kabiru Kamba, of the Federal Ministry of Works, has been arrested by operatives of the EFCC based on credible intelligence and may have identified some of his accomplices who are influential members of an organized corruption syndicate in the Ministry.

The group in a press release made available to journalists in Abuja this Wednesday alleged, inter alia, that “We got information that one Kabiru Kamba, of the Federal Ministry of Works has been arrested by the Economic and Financial Crimes Commission for allegedly being among a well-grounded corruption syndicate within the Works Ministry who allegedly specialize in reprocessing already paid out vouchers and repaying same which runs into billions of Naira.”

“We got information that he has allegedly named some of his accomplices to include a former permanent secretary in the Ministry, one Babangida Kazaure and even a former governor, Adamu Alero, who is the chairman of Senate Committee on Works”.

“We call on the EFCC to be courageous and steadfast in the investigation and prosecution of anyone found culpable in this alleged multibillion Naira scam at a period that Nigeria is grappling with fiscal nightmares and its debt profile standing at a scandalous N43 trillion and going higher by the day. How is the government expected to meet its financial obligations to pay salaries, build infrastructure and fight insecurity if all the resources it should utilize for them are being stolen by some people?”

“We urge the EFCC to live up to public trust by ensuring that it doesn’t succumb to pressures from any quarters no matter how highly placed to cover up this monumental fraud. We say this because of some unwarranted experiences in recent times. Of notable example is the seemingly carefree manner that he Commission has been handling the several corruption allegations against the incumbent Speaker of the Lagos state House of Assembly, Rt. Honorable Mudashiru Obasa, as against the prompt alacrity with which the Commission went after the Ogun State Assembly speaker and brought him to Abuja to face interrogation. While we commend the EFCC for all it has been doing in bringing corrupt public officials to book, we urge the antigraft Commission to avoid being seen as giving preferential treatments to the subjects of investigation before it.”

“On the present case in question involving the Federal Ministry of Works, we urge the EFCC to go all out after all culpable personalities, especially the alleged ring leaders KABIRU KAMBA, BABANGIDA KAZAURE, and ADAMU ALERO, in this matter and ensure that the law takes its full course.”
Attempts to confirm from EFCC Spokesman, Wilson Uwujaren was unsuccessful.
When Newsnowonline contacted him, he forwarded a number of another colleague for confirmation.
His colleague who promised to call back didn’t do so as at the time of filling this report.

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