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The ‘Earthquake’ of Gerrard Road, Ikoyi: The Facts The Fiction

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By Eric Elezuo

The 1st of November, 2021 has come and gone, but the echoes, far from literary, will remain with the Lagos public for a very long time, especially residents of Ikoyi, where the 21-storey building, nicknamed 360 Degrees, imploded and collapsed, turning years of hard work, finance and latent energy into rubbles, and taking with it precious lives of over 40 precious souls in the bargain.

Since the building collapse, in the hot sun of that Monday afternoon, many theorists, albeit emergency, have propounded theories as to what might have happened, casting aspersions to as many people as possible including the owner of the project, Mr Femi Osibona, also known as Fourscore, who incidentally, was killed in the incident, the vice president of the nation, Prof Yemi Osinbajo and Chief Executive Officer of Elizade Motors, Chief Michael Ade-Ojo.

Bode Gbore, in his analysis of the situation wrote:

“This collapse, is four days ago, but we already have conclusions from the minds that are not fit for a sane environment. Meanwhile, we may need about seven more days for total evacuation to complete.

“So soon, some people who know nothing about building of houses, especially a highrise, have concluded on the Social Media Panel of Enquiries, on what brought the house down, who caused it, the Owner of the land and those who have invested or who is fronting for who.

“Then appears the name of Mr. Credibility, who has uncommon integrity that, I must confess, we are learning from.

Those who know him, will stand up and tell you one thing that is certain, you can’t run illegalities around Yemi Osinbajo. You just have to do the right things, in the right way! All other options, are closed!

If you commit a crime around him, you will spend your time!”

He was talking about the dragging of Prof Osinbajo into the matter as the owner of the project, a situation a crowd of witnesses who know the vice president said was dead on arrival.

However, a lot of theories have been posited as to the actual cause of the building collapse, with many pointing accusing fingers at late Osibona, saying he went beyond the approved standard to erect a building completely out of bounds.

It was rumoured even as a document surfaced online, that the actual approved number of storeys for the project was from eight to 15 floors, but the owners of the project extended it by adding six extra floors, thereby causing the colossal collapse of the edifice.

The document, signed by one Muritala Olawale of Prowess Engineering Limited, alleged that it excused itself as structural engineer for Fourscore as a result of the anomalies. The letter was purportedly written on February 20, 2021.

As if that wasn’t enough, a nameless write up trended the media space, accusing the project of double standard and the vice president of culpability.

The message hinted in part thus:

“The initial design was for 8 floors so the foundation was designed for only 8 floors. His first approval was for 8 storeys, but he continued construction so when he got to the 10th floor, he was arrested with his workers and taken to Alausa in a black Maria. He sorted himself out and obtained approval for 15 storeys for which he paid the official amount.

He was released and the site reopened with Governor’s approval. Only the Governor gives approval for a stop order or reopen order on multistorey developments.

“The land is owned by the VP Osibajo and he is an investor in the development. The developer- Femi Osibona who used to sell t-shirts in Abuja market is living in another property which belongs to the VP adjacent to The Gerrard Rd development.

“As of last week, he has two latest Rolls Royce cars parked in his compound which he just bought. The whole episode stinks and the can of worms will be opened eventually. This may consume the VP’s political ambition. Sanwo-Olu suspended the GM of the Lagos Agency for effect. The guy has no power to close or reopen any multistorey development without obtaining the consent of the Governor. Construction is our business.

“The real culprits will be exposed eventually. VP & Sanwo are culpable. It’s their investment.”

As originally stated, the writer remains anonymous, and observers have dismissed it as hand work of thoroughbred mischief makers.

But again, more documents emanating from the Ministry of Physical and Urban Planning said something completely different. It posited that appropriate approvals were granted for specified numbers of floors, thereby supporting the Deputy Governor of Lagos State’s angle that 21 floors approval was actually given, but the cause of the collapse must have been triggered by structural defect.

“These show he was given approval for 15 and 20 floors respectively. The approval for the Gym was 7 floors.

“This is from the District Office in Ikoyi of the Physical & Planning Ministry. I can see where the conflict occurred. Whereas the ministry’s district office in Ikoyi approved two 15-storey buildings, one 20/21-storey building and one 7-storey building for the gym and suspended swimming, the same ministry in Alausa gave a permit for three 15-storey buildings,” the source who confided in The Boss, explained.

Lending Credence to the transparency of Mr Osibona, veteran journalist, Chief Dele Momodu, informed that Osibona had full intentions of living in the collapsed building, and as a result, had no reason whatsoever to cut corners. He therefore wondered what could have triggered the sudden collapse of the gigantic edifice.

But in their separate responses, the vice president and Elizade boss, debunked the allegations of culpability in the ownership of the project, with Prof Osinbajo threatening lawsuit against an online news media, from where the supposed tale emanated.

Chief Ade-Ojo vehemently dismissed as falsehood the allegations that he owned the land where the project was erected, and that he also sold same to Prof Osinbajo.

He maintained that he owned a project beside the collapsed building which he has not sold to anyone nor intend to sell to anyone.

In the same vein, the Vice President through a statement signed by his media aide, Laolu Akande, refuted the allegations, saying he has no interest whatsoever in the property, adding that all his property and assets are in the public domain. The statement is as follows:

IKOYI HIGH-RISE COLLAPSE:
OSINBAJO SADDENED, CONDOLES WITH AFFECTED FAMILIES & DEBUNKS DESPICABLE LIES IN SPONSORED ONLINE REPORT

Vice President Yemi Osinbajo, SAN, is saddened by the events that occurred in Lagos on Monday, 1st of November 2021, where a high-rise building under construction on Gerrard Road, Ikoyi, collapsed. He condoles with the families and relatives of all those who have died, were injured or affected in the collapse. Prof. Osinbajo considers this painful loss of lives a horrible tragedy.

Also, the attention of the Vice President has been drawn to an obviously sponsored falsehood regarding the recently collapsed building published by Sahara Reporters on November 4th, 2021, to the effect that:

1. The VP owns the land upon which the collapsed building in Ikoyi stood.

2. That the said land was sold to him by Chief Michael Ade. Ojo, Chairman of Elizade Motors; and

3. That the Vice President, at some point, intervened with the regulatory authorities in Lagos State to unseal the said property.

Let it be made absolutely clear that Prof. Yemi Osinbajo does not own and has never owned the said land.

He has also never been involved, in any shape or form, in the development of this or any other land since he became Vice President.

At no time whatsoever did the VP buy this or any other piece of land from Chief Michael Ade. Ojo, or entered into any transaction for the sale of that land or any other piece of land from Chief Ade. Ojo or anyone for that matter.

All property and assets owned by the Vice President have been publicly declared.

Also, the Vice President has never spoken to the Governor of Lagos State or any other official of the State Government regarding the unsealing of the said building on Gerrard Road, Ikoyi, which subsequently collapsed. He has, indeed, never acted to influence any other regulatory action on the collapsed building, or any other building for that matter, in Lagos State.

The Vice President restates categorically that he has no interest whatsoever, and has never had any interest, either legally or beneficially, in the land, the building or development.

The wickedness and viciousness of a lie that seeks to utilise a tragedy where so many people have lost their lives, even as rescue efforts are ongoing, and in wanton disregard to the feelings and untold grief of their loved ones for political gain, reveals a dangerous desperation, as well as the heartlessness of the perpetrators of such despicable lies.

Sahara Reporters were undoubtedly well rewarded for their criminal and inhumane conduct. Typical of a hatchet job and deliberately irresponsible journalism, the publication was not signed by anyone.

The Vice President has referred this disgraceful publication to his lawyers for prompt legal action.

Also, the friends of the Vice President joined their voices to his in condemning the actions of the online medium.

Their statement reads “It is most unfortunate that at a time when people are mourning over the collapse of the Ikoyi building and the loss of several lives in the most unfortunate circumstances, some mischief makers are trying to scorecheap political goals and use this very sad situation to tarnish the name and image of our hardworking and humble Vice President, Prof. Yemi Osinbajo, SAN.

“The Social media has suddenly become awash with information trying to link the VP directly or indirectly to the collapsed structure.

“Some stories say the developer, Mr Femi Osibiona is a front for some big guns in Government, others directly say the land is owned by the VP, whilst others make a veiled connection to the Governor of Lagos.

“For the avoidance of doubt and for the sake of those who may be misled by the spurious and totally unfounded statements, we as concerned colleagues and friends of the VP wish to make it clear that the VP has never been involved, neither does he have any ownership interest in the developers Company or business.

“The facts can be easily verified from the Corporate affairs Commission or land registry which the malicious writers have failed to check or show a connection between the VP and the collapsed building”.

“We commiserate with the families of those who have lost lives and limbs as well as those still in agony of not knowing what the fate of those beneath the rubles in this most unfortunate incident. We urge that as Nigerians, we should show more compassion and empathy to grieving compatriots rather than attempting to score political goals through it”.

While the Nigeria public awaits the outcome of Lagos State governor’s panel of enquiry, which has been set up, and mandated to report within a month pertinent questions keep creeping up, begging for answers.

Among them is why did the building implode instead of exploding? Was there an underground sabotage against the personality of the Mr Osibona? Did the government of Lagos State actually gave two contradicting approvals for the high-rise building?

Apart from Osibona, the collapsed building also claimed the lives of Wale Bob-Oseni, who made a brief stopover at the building site while on his way to airport enroute the United States, where he was a resident. A surprised birthday was in the offing for him come November 28.

Others who perished in the ill-fated building were the PAs of Osibona among his other staff, corps members, IT students in the service of Fourscore among other artisans and visitors to the site.

Only time will tell what will happen in the nearest future because the end has not been heard of the ‘earthquake’ of Gerrard Road, Ikoyi.

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Adeleke Rejoices with Oluwo of Iwo, Oba Akanbi at 58

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The Executive Governor of Osun State, Senator Ademola Adeleke, has rejoiced with the Paramount ruler of Iwoland, HIM Oba Abdulrasheed Adewale Akanbi, Telu I, on the occasion of his 58th birthday, lauding the foremost traditional ruler’s passionate commitment to uplifting humanity.

A statement by the Governor’s Chief Press Secretary, Mallam Olawale Rasheed rveals tgat the Governor acknowledges Oba Akanbi’s exceptional sense of dedication to the advancement of Iwoland, utilising contacts and his God-given resources to facilitate developments, praising him for leading the charge for the remarkable transformation that Iwoland is experiencing under his reign.

The Governor commends the frontline monarch for the shared vision for growth and impactful governance, hailing him as a model for purposeful leadership given the monumental progress that Iwoland is recording under this rulership.

“I rejoice with His Imperial Majesty, Oba Abdulrasheed Adewale Akanbi, Telu I, on the occasion of his birthday. Oba Akanbi is a visionary leader and his steadfast pursuit of a virile and prosperous Iwoland is truly inspiring,” the Governor was quoted in a congratulatory message.

“On this day, I honour Kabiyesi’s exceptional contributions to the promotion of our tradition and the endearing effort in fostering peace and harmony in Iwoland and Osun state as a whole.

“It is my prayer that Kabiyesi’s new age brings him more joy and abundant blessings. I also beseech God Almighty to give him more grace to continue his life of service and impact.”

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Coalition Group Floats New Party, ADA, Seeks INEC Registration

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The National Opposition Coalition Group, led by former Vice President Atiku Abubakar and ex-Kaduna State Governor, Nasir El-Rufai, has formally applied to the Independent National Electoral Commission for the registration of a new political party—the All Democratic Alliance.

The application, dated June 19, was acknowledged by INEC on Friday, signalling the coalition’s determination to float a new platform instead of aligning with any existing political party.

The formation of ADA, backed by some other key political heavyweights, including former Rivers State Governor, Rotimi Amaechi and Umar Ardo, convener of the League of Northern Democrats and former aide to President Olusegun Obasanjo, seeks to capitalise on mounting public dissatisfaction and political realignments to stop President Bola Tinubu at the next poll.

The application comes just a few days after INEC warned political groups that no amount of pressure or public sentiment would override the need for strict compliance with constitutional and electoral guidelines.

The commission reiterated that party registration remains a rigorous constitutional process—not merely a political declaration.

With Thursday’s application, the national opposition coalition has now put an end to weeks of speculation about whether it would revive a dormant political platform or launch a fresh one altogether.

A copy of the application letter, obtained by our correspondent in Abuja, was jointly signed by the association’s Protem National Chairman, Chief Akin A. Rickets, and Protem National Secretary, Abdullahi Elayo.

The letter partly read, “We respectfully write to the Independent National Electoral Commission, requesting the registration of our association, the All Democratic Alliance, as a political party.

“This is a sequel to the decision taken by the Nigerian National Coalition Group to sponsor our association for full registration.

“The name of the party shall be All Democratic Alliance with ADA as our acronym and ‘Justice for All’ as our slogan.”

The coalition also submitted relevant documents, including the party’s constitution, manifesto, logo, and minutes of its foundational meetings.

The party’s symbol prominently features a maize (corn), which the applicants say represents abundance, resilience, and sustenance—core ideals they hope to promote.

“We have further attached our manifesto encompassing details of our party ideology and our constitution providing the legal framework that defines our identity, structures, and organisation,” the letter continued.

The Punch

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Atiku Dismisses Tinubu’s Visit to Benue As Political Grandstanding

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Former Vice President Atiku Abubakar has criticised President Bola Tinubu’s recent visit to Benue, calling it a ‘political spectacle’ rather than a sincere effort to address the State’s security issues or sympathise with victims of violence.

Atiku’s media adviser Paul Ibe made the comments during a media interview in Abuja on Thursday. He accused the Tinubu administration of focusing on political drama instead of finding real solutions to the growing insecurity in Nigeria.

Ibe said: “It’s commendable when a leader empathises with the people; offering a shoulder to lean on and sharing in their grief is a mark of true leadership. However, the visit was marred by political theatrics. Children were lined up on the highway, waving at the president in the rain; subjecting them to such conditions was unnecessary.”

He also criticised the government’s failure to tackle the root causes of insecurity, pointing out that despite the deaths of over 200 people in recent attacks, there have been no arrests.

“The same security agencies that failed to prevent or investigate this tragedy were quick to tear gas peaceful protesters demanding accountability for their safety. This is unacceptable,” Ibe said.

He further took aim at the Tinubu administration’s general handling of governance, accusing it of misunderstanding the real nature of Nigeria’s security problems.

“When you misdiagnose a problem, the solution will inevitably be flawed; garbage in, garbage out. Look at the individuals heading the security portfolios: they’re politicians, not experts. They’re focused on political gains rather than the demands of their roles,” he remarked.

He stressed the importance of inclusivity in governance, arguing that the exclusion of certain regions, religions, and ethnic groups by the Tinubu government has worsened instability.

“Inclusiveness is a tool for national unity and stability. When you dismiss or alienate people, they will inevitably create chaos,” Ibe stated.

Ibe also criticised the administration’s early focus on the 2027 elections, saying it has distracted from more urgent national concerns.

“The focus on 2027 is distracting from pressing issues, leaving problems unaddressed and insecurity rampant. There’s nothing new this administration has introduced to tackle these challenges,” he added.

His comments come at a time of growing public frustration with the federal government’s response to insecurity.

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