Headlines
Lagos Begins Demolition of Three Structures on Ikoyi Building Collapse Site

Lagos State government on Thursday disclosed that it was set to deconstruct the three uncompleted high-rise structures on the site of a 21-storey building that collapsed at Gerrard Road, Ikoyi, last November.
It revealed that the structures have failed integrity tests, prompting the State Government to embark on a controlled deconstruction to bring them down.
According to the state government, a structural engineering firm, Edge of Design, would dismantle the twin 14-storey and eight-storey structures on the site in a manner that would not pose any health or environmental hazards to residents in the neighbourhood.
The deconstruction, which was expected to be completed within 90 days, “is to be supervised by relevant agencies of the government and private stakeholders in the built industry.”
The development, it was learnt was part of the recommendations by a six-man panel that investigated the collapse of the 21-storey structure owned by Messrs Fourscore Heights.
The land on which the failed structures sit had been forfeited to the state government by law. The panel also recommended criminal prosecution of the developer for contravening the State’s building codes.
No fewer than 45 persons, who were mainly construction workers and vendors, died in the incident. Also, the developer, Mr. Femi Osibona, had died in the collapsed building.
Representative of the contractor, Edge of Design, Mr. Olujimi Lewu, explained the step-by-step process to be employed in bringing down the structures, that the work would be done without any injury or fatality. He illustrated how the slabs would be removed, until the structures come down.
The Commissioner for Information and Strategy Mr. Gbenga Omotoso, at a media press briefing held at the Bagauda Kaltho Press Centre in Government Secretariat in Alausa, said safety would be the main consideration in the deconstruction.
He said the press conference was in the spirit of transparency for which the Governor Babajide Sanwo-Oku administration is famous.
He stressed that the deconstruction was agreed upon after extensive consultations with stakeholders, residents and regulators in the built industry.
The Commissioner assured residents in the neighbourhood of their safety throughout the exercise, noting that measures had been put in place to ensure that the contractor maintains the agreed safety protocols.
“The deconstruction will be done with one key focus from all stakeholders; this is safety of people in the neighbourhood and everybody that will be working on the site. The recommendations of the panel are being implemented to prevent this kind of incident,” Omotoso said.
The Commissioner for Special Duties, Mr. Tayo Bamgbose-Martins, a civil engineer, assured all that reports on the deconstruction would be regularly shared with the public. He described the contractor as competent.
The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, shed light on why the state government took over the property, saying, “Section 74 of the Urban and Regional Planning and Development Laws of Lagos State 2019 (as amended) prescribes that any property that collapses in the State is automatically forfeited to the Government.”
Salako said the state government had not decided on what to do with the site after the deconstruction.
He said: “When the state government is ready to revive the site, we will let the public know what we want to do with it. However, I can assure you that the land will not be given to any individual developer or converted to unapproved use by the government. The site will be used for something that will be of benefit the public.”
After the press briefing, the Government’s team moved to Ikoyi to hand over the site to the contractor.
Headlines
China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).
The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.
Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.
The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.
Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.
Headlines
Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.
Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.
“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”
He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.
Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.
In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”
He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.
Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.
Headlines
Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.
Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.
“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”
The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.
Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.
“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.
The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.
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