Connect with us

    Hi, what are you looking for?

    News

    Lagos Gov’t Seals Off Elumelu’s Heirs Holdings Office Over Structural Defects

    Heirs Holdings Office
    Heirs Holdings Office

    Lagos State Building Control Agency (LASBCA) has sealed off a seven-floor building housing Heirs Holdings and the United Bank for Africa (UBA) in the Victoria Island area of Lagos State, according to Foundation for Investigative Journalism (FIJ) report.

    In a statement posted on its website today, LASBCA stated that the building was exhibiting signs of structural failure.

    Arc. Gbolahan Owodunni Oki, the agency’s general manager, said the building “is suspected to be exhibiting signs of structural failure as preliminary investigations revealed that some floor tiles on the fourth floor have popped off along the expansion joints of the building”.

    Oki further said that the developer had attempted to cover the obvious defects in some parts of the building without carrying out a proper investigation.

    “An on-the-spot assessment of the building further revealed that in an attempt to cover up the suspected structural defects of the building, the developer had already started renovation/remodelling works without carrying out proper tests to ascertain the cause of the defects, hence the evacuation and seal-off order on the building pending further investigation.”

    He credited the agency’s awareness of the situation to a whistleblower.

    Heirs Holdings is an investment firm owned by Tony Elumelu, the chairman of UBA.

    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You May Also Like

    News

    As part of its commitment to promoting a healthier and more resilient banking workforce, the Association of Corporate Affairs Managers of Banks (ACAMB) is...

    Broadcasting

    Nigeria Internet Registration Association (NiRA) has successfully concluded its 17th Annual General Meeting (AGM), reinforcing its commitment to Nigeria’s digital identity. Held as a...

    News

    Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating...

    Tech

    Anambra State ICT Agency has once again made waves on the national scene with the emergence of its Managing Director/CEO, Mr. Chukwuemeka Fred Agbata,...