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Lagos building with over 500 rooms collapses, two injured

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At least two persons are currently battling for life at a private hospital after a school-turned-residential building in the Ketu area of Lagos partially collapsed on Sunday.

The building housing over 500 rooms with hundreds of residents known as Agboye Estate on Oduntan Street, Ketu, first caved in on Saturday afternoon following hours of rainfall that greeted most parts of Lagos.

On Sunday afternoon, as residents were still trying to salvage their belongings, the building crumbled again, destroying another structure inside the compound before collapsing completely.

The development sent panic across the area, forcing hundreds of families and individuals residing in the buildfing to vacate the premises.

During a visit to the affected building on Sunday evening, dozens of residents were seen moving their belongings in different directions as officials of the Lagos State Emergency Management Agency cordoned off the premises.

The affected compound housing several defective buildings has been marked for demolition by Lagos officials.

A statement by the Lagos State Emergency Management Agency reads:

SITUATION REPORT REGARDING COLLAPSED BUILDING AT 47/49 ODUNTAN STREET, KOSOFE

Upon arrival of the Agency’s responders at the incident scene, a 2-storey building and a 4-storey building situated beside each other was found to have collapsed at the aforementioned address.


Investigation conducted by the LRT revealed that the collapse could be attributed to ageing and poor maintenance on the part of the owner.

Further investigation revealed that the staircase of the building caved in.
Unfortunately, a male adult fell due to the impact of the collapse from the topmost floor, and has been taken to the hospital.

Residents of the building have been asked to vacate the building under the supervision of the combined team of LASEMA, RRS, LABSCA and LNSC, in order to avert further secondary incident.

However, the said building will be pulled down as it has failed structural integrity test as confirmed by LABSCA official at the scene, hence posing a threat to the public and adjoining buildings.

The Agency’s response team/paramedics, RRS, LABSCA and LNSC are on ground at the incident scene working together to salvage the situation.


Operation ongoing.

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Senate confirms Oyedele as minister

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

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The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.

His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.

Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.

His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.

Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.

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Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

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PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)

The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.

This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.

The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.

In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.

He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.

He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.

He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.

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JUST IN: IGP Disu Assigns Portfolios to New DIGs

DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

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The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.

Sources said that the DIGs were assigned departments based on their areas of competence.

DIG Zachariah Fera Achinyan has been deployed to Legal Services,

DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);

DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.

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