Sun. Apr 21st, 2024

Babatunde Odubanwo


Lagos recorded one of the worst disasters in the history of Real Estate management and construction on November 1, 2021 when the media reported a 21 Storey building collapse in highbrow Ikoyi area of the State.


The ill-fated edifice was under construction when it came down suddenly with an unexplained force trapping in its fold workers on site and erupting into the bright Gerrard Street skies dust from the forceful impacts occasioned by wailing of nearby sympathizers.


As at the time of this report, some of the victims of this mishap were roughly estimated to be 50 including the developer, Femi Osibona. While the rescue mission are beginning to yield results with some of the retrieved trapped bodies either confirmed dead or under critical conditions.


One of retrieved persons is Mr. Femi Osibona, CEO of Fourscore homes and one of Nigeria’s construction expert. Mr. Osibona is alleged to have heaved his last before the rescue could reach him under the rubbles.


Osibona’s company is the brain behind 360 degrees Towers – three highrise buildings of 15-Stories often referred to as Luxury in the Sky and the Shalom Apartments in Ikoyi.

To add, the Ikenne born builder prior to the incidence has successfully executed construction projects in Lagos; Fourscore Mansions in Waterkloof, Pretoria, South Africa as well the United Kingdom.


He (Osibona), an alumni of Croydon University in the UK where he studied Business and Finance is reputed to be Africa’s first developer to develop a 7-Storey building at 113, Albion Drive, London Fields, E8, 4LZ, in East London.

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