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  • Updated: November 05, 2021

Osinbajo Distances Self From Collapsed Ikoyi Building

Osinbajo Distances Self From Collapsed Ikoyi Building

Vice President Yemi Osinbajo

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Zaccheus Ukhueleigbe
Zaccheus Ukhueleigbe

is a media and communications professional | digital media strategist. A proud Nigerian and an advo...

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...Threathens To Sue Sahara Reporters

Vice-President Yemi Osinbajo has distanced himself from reports that he has a stake in the land upon which the collapsed 21-storey building was built.

Recall  that the high-rise building along Gerard Road in Ikoyi axis of Lagos collapsed on Monday afternoon with many people trapped in the rubble.

As of the time of filing this report, over 30 and still counting have been evacuated from the buding, some dead others in intensive care.

With the tragic Ikoyi building collapse, an open investigation has commenced on the structural integrity of the 21-storey building.

On Thursday, Sahara Reporters reported that Osinbajo has a stake in the land which the collapsed building was built on.

The report categorically stated that the said land was sold to Osinbajo by Chief Michael Ade-Ojo, Chairman of Elizade Motors; and that the Vice President at some point, intervened with the regulatory authorities in Lagos State to unseal the said property.

Reacting to the report, the vice-president, in a statement by Laolu Akande, his media aide, on Friday, said there was no time he bought any land from Ade Ojo or anyone else.

The vice-president said he has publicly declared all his assets, adding that he never acted to influence any regulatory body on the collapsed building.

Osinbajo said he had referred the publication to his lawyers for legal action.

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

“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.

“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 vice-president has referred this disgraceful publication to his lawyers for prompt legal action.”

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Zaccheus Ukhueleigbe
Zaccheus Ukhueleigbe

is a media and communications professional | digital media strategist. A proud Nigerian and an advo...

More From this Author

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