Browsing: Babajide Sanwo Olu

Governor Sanwo-Olu Seals High Rise Building in a Bid to Prevent Calamity

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The Lagos State Government has been working feverishly to address the environmental pollution that is slowly engulfing Ikoyi’s tranquillity, and it makes no apologies for its determination to stamp out any act of lawlessness in the area’s burgeoning real estate industry. There is no denying that the once tranquil pricey abode is giving way to the now raucous noisy landscape dominated by the super-rich. The four towers (each with ten floors) being built on Gerrard Road were intended to be an architectural masterpiece that would add luxury and beauty to the serene Ikoyi landscape. Apart from the primary motivation of profit, the builders must have had that in mind. It, therefore, rings hollow when such a massive project was seen under lock and key a few days ago, with a large inscription instructing that work on the property be halted. What could have prompted such a directive? According to the findings, the Lagos State Government is furious with the property developers and owners for embarking on such a project without first obtaining procedural approvals from the state government and other authorities tasked with ensuring quality and compliance with standards. In other words, the massive project has been put on hold due to a lack of required approvals, with the Lagos State Government acting swiftly to put a stop to it. According to an inside source who requested anonymity, the State Government took the action to seal the building to ensure that a repeat of the March 8, 2016 collapse of Lekki Gardens Estate’s on-going six-story building would not occur in the state. “It is unheard of that the owners of the Ikoyi project in question would embark on such a capital intensive project…