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Home Frontpage

Elizade Motors founder denies selling land of collapsed Ikoyi building to Nigeria’s vice president

by Admin
January 21, 2026
in Frontpage
By Mike Ochonma
Michael Ade- Ojo, founder of Elizade Motors and Elizade University, Ilara Mokin, Ondo State, has denied selling the land of the Ikoyi collapsed multiple storey building to Yemi Osinbajo, Nigeria’s vice president.
The clarification follows an online report that linked ownership of the collapsed building to Osinbajo and alleged the land was sold to him by Michael Ade-Ojo.
In a statement he personally signed, he said he owns the land adjacent to the property on Gerrard Road but debunked the report by an online medium that he sold the land where the collapsed property was built.
He added that although he owns the next property to the crumbled building, he has no intention of selling it.
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