REVEALED: IKOYI BUILDING COLLAPSE: How Sanwo-Olu, Hamzart, KWAM 1, Oluwo Of Iwo, Ashimolowo Others Lost $250m Investment
REVEALED: IKOYI BUILDING COLLAPSE: How Sanwo-Olu, Hamzart, KWAM 1, Oluwo Of Iwo, Ashimolowo Others Lost $250m Investment. 72 hours ago, the eye-popping three units of 21-Storey blocks o f luxury apartments on Gerrard Road, Ikoyi, which, even at its incomplete stage, stood out in its mammoth and magnificent glory, was the stuff of every commuter and passerby’s dreamed off. By noon, Monday, November 1, one of the three towers in 360 Degrees otherwise known as Luxury in the Sky , was reduced to mere rubble, burying in its bowels hapless lives and shattering the dreams of many wealthy Nigerians who had broken the banks to acquire the apartments. Gone with the building also are millions of dollars already paid by those desirous of premium luxury living in the project, which offered a mix of 3-bed and 4-bed apartments including maisonettes and penthouses. 360 Degrees Towers is a 63 apartments-unit residential project by Fourscore Heights Limited owned by Femi Osibona, a real estate inve...