Sanwo-Olu Stops All Building Constructions On Billionaire’s Haven, Banana Island

The Governor of Lagos state, Babajide Sanwo-Olu has directed that all building constructions on Banana Island, the billionaire’s haven located in Ikoyi should be stopped.

“directed that all developments on Banana Island be placed on hold, subject to a comprehensive audit by the officials of the Lagos State Building Control Agency (LASBCA)” a statement by the Lagos state government stated.

The statement further revealed that the move is to ” determine:how many buildings are being constructed without approval from the Lagos State Government; and if all approved buildings are being built in line with the approval limits provided.”

The directive is in the face of the collapse of a seven-story building on Banana Island.

The state government alleged that “the building was hitherto sealed by the Lagos State Government for not having the approval to commence construction, but the developers continued to build, hiding under the security of their estate/gated community.”

“This exercise will be extended to other estates and gated communities” the statement further stated.