Insurance brokers reveal what caused Banana Island building collapse

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The Nigerian Council of Registered Insurance Brokers (NCRIB) has revealed the cause of the collapse of a seven-storey building in the Banana Island area of Lagos State, blaming the unfortunate incident on “negligence”.

The Informant247 earlier reported that the structure which was under construction fell on Wednesday April 12.

The collapsed building had some workers trapped under the rubble.

While confirming the incident, the National Emergency Management Agency (NEMA), in a statement, revealed that no life was lost but some workers were trapped under the rubble.

The agency disclosed that it has mobilised its operatives to the affected scene to rescue the situation.

The president of NCRIB Rotimi Edu blamed the incident on negligence of the contractors who were in charge of the project.

“Though, no casualty was reported, the collapse brings to question the continuous recalcitrance of building contractors to adhere to extant regulatory prescriptions concerning public buildings in the country,” Edu said in a statement on Thursday.

He said builders and owners of buildings need to comply with insurance policies.

The president said the loss would have been reduced if the insurance policies had been considered by the owners.

He charged the state government to launch investigation into the cause of the collapse of the building.

He implored the state government to give members of the public feedback of the investigation to prevent its reoccurrence.

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