Lagos Building Collapse: Developer’s Family Bicker Over Assets

A dispute over assets left behind by Femi Osibona, the deceased developer of the 21-storey Ikoyi, Lagos tower that collapsed last Monday has erupted between his wife and some members of his family.

The Punch reports that the wife, flew in from the United States of America following the death of her husband, but was denied access to the Ikoyi residence of the late developer by his siblings.

Osibona’s wife and siblings were said to have arrived at his residence with mobile policemen to lay claim to his assets, including luxury vehicles, cash, and other valuable items.

But the late developer’s neighbours were said to have shut them out to avoid being caught up in the crisis.

The dispute is despite the fact that the deceased Osibona was believed to have left behind a will that would have stated how his assets should be shared.

Noting the dispute within the family over the assets left behind by the deceased, a a source told The Punch, “There is big fighting going on. The wife had been mostly abroad. There is a will but once a man dies, there is a problem. Instead of them (the family) to focus on the collapsed building, they are looking at the property (on Mosley Road). They are waiting to gain access (to the apartment); they are still there.”

Meanwhile, giving an update on the tragedy on Saturday, the Lagos State Governor, Babajide Sanwo-Olu, disclosed that 42 bodies had been recovered from the site as of 6pm. It was also disclosed that the number of survivors had risen to 15 with the confirmation of six survivors who earlier went to private hospitals on their own.

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