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Ikoyi Collapsed Building : Elizade Founder, Ade Ojo Dismisses Selling Land To VP Osinbajo

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Chief Michael Ade-Ojo

The founder of Elizade Motors and Elizade University, Chief Michael Ade-Ojo, has said that he didn’t sell the land of the collapsed Ikoyi building to Vice President Yemi Osinbajo.

He said this in a statement he personally signed in reaction to an online report (Not by The PUNCH) alleging that the land of the collapsed building was sold by him.

He, however, stated that the property adjacent to the collapsed building is owned by him and that he’s not willing to sell it.

Ade-Ojo’s statement read, “It has come to my attention that a publication by the online news website, Sahara Reporters is in circulation, claiming that I owned the land on which the high-rise building in Ikoyi that collapsed earlier this week was built.

“The story titled ‘Photo Proof: Osinbajo bought the Ikoyi collapsed building’ published on November 4, 2021, also claimed that I sold the land to the Vice President, Prof. Yemi Osinbajo shortly after he became vice president.

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“Both claims are outright falsehoods. I hereby state that I do not own and never held title to the said property.

“In addition, I did not sell any property to the vice president at any time whatsoever.

“To be clear, I own a property next to the said building, which I have not sold and do not intend to sell to anyone.”

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