Headlines
Ikoyi Building: Death Toll Hits 44, Responders Near Ground Zero
Seven days after a 21-storey building collapsed on Gerrard Road, in the Ikoyi area of Lagos State, recovery operation is still ongoing by rescue agencies.
PUNCH Metro learnt that responders were already concluding their operation as the death toll hit 44 on Sunday.
Our correspondents had reported that the 21-storey building crumbled last Monday around 2pm.
The skyscraper, owned by Fourscore Heights Limited, trapped over 50 persons, including the firm’s Managing Director, Femi Osibona; his friend, a United States of America-based Nigerian businessman, Wale Bob-Oseni; his personal assistant, Oyinye Enekwe, and clients.
Other deceased persons included a member of the National Youth Service Corps, identified only as Oyindamola; an aluminium fabricator, Kenneth Otu; an engineer and pastor with the Redeemed Christian Church of God, Living Water Parish, Ibafo, Ogun State, Ola Ogunfunwa, among others.
Since the incident happened, family members of victims and sympathisers had thronged the area daily, hoping to see their loved ones alive, while some lamented that they were not allowed to identify their loved ones.
The affected families were, however, granted access on Saturday to find their loved ones among the corpses recovered and deposited in the Lagos Mainland Hospital morgue.
The state Governor, Babajide Sanwo-Olu, on Saturday around 6pm, said 42 bodies had been recovered so far from the rubble.
A source told our correspondent on Sunday that two more bodies were recovered from the rubble, which increased the death toll to 44.
The source said one of the bodies was recovered around 8pm on Saturday, while the other body was recovered around midnight.
“The recovery operation is still ongoing but should end by Monday morning. The work is about two per cent to completion,” the source added.
Meanwhile, the Association of Nigerian Chartered Architects has called for three probe panels to investigate the circumstances that led to the building collapse.
The association said political, technical and judicial probe panels were needed to unravel the situation.
The ANCA, which lauded Sanwo-Olu for setting up a probe panel, advised the government to set up two other committees to get all the needed answers.
The association stated this on Sunday in a statement jointly signed by the group’s National President, Moyosore Omatsone, and National Secretary, Adekovejo Jolaoso.
The ANCA stressed that the governor had only set up a political probe panel meant to investigate the political downplay in the construction and collapse of the building.
It suggested that there was the need for a technical panel which would involve all personnel in the building construction and property industries.
According to the association, the technical panel should be given enough time to address a myriad of technical issues involved in such a complex tragedy.
The Punch
Headlines
Court Empowers Tinubu to Implement New Tax Law Effective Jan 1
An Abuja High Court has cleared the way for the implementation of Nigeria’s new tax regime scheduled to commence on January 1, 2026, dismissing a suit seeking to halt the programme.
The ruling gives the Federal government, the Federal Inland Revenue Service (FIRS) and the National Assembly full legal backing to proceed with the take-off of the new tax laws.
The suit was filed by the Incorporated Trustees of African Initiative for Abuse of Public Trustees, which dragged the Federal Republic of Nigeria, the President, the Attorney-General of the Federation, the President of the Senate, Speaker of the House of Representatives and the National Assembly before the court over alleged discrepancies in the recently enacted tax laws.
In an ex-parte motion, the plaintiff sought an interim injunction restraining the Federal Government, FIRS, the National Assembly and related agencies from implementing or enforcing the provisions of the Nigeria Tax Act, 2025; Nigeria Tax Administration Act, 2025; Nigeria Revenue Service (Establishment) Act, 2025; and the Joint Revenue Board of Nigeria (Establishment) Act, 2025, pending the determination of the substantive suit.
The group also asked the court to restrain the President from implementing the laws in any part of the federation pending the hearing of its motion on notice.
However, in a ruling delivered on Tuesday, Justice Kawu struck out the application, holding that it lacked merit and failed to establish sufficient legal grounds to warrant the grant of the reliefs sought.
The court ruled that the plaintiffs did not demonstrate how the implementation of the new tax laws would occasion irreparable harm or violate any provision of the Constitution, stressing that matters of fiscal policy and economic reforms fall squarely within the powers of government.
Justice Kawu further held that once a law has been duly enacted and gazetted, any alleged errors or controversies can only be addressed through legislative amendment or a substantive court order, noting that disagreements over tax laws cannot stop the implementation of an existing law.
Consequently, the court affirmed that there was no legal impediment to the commencement of the new tax regime and directed that implementation should proceed as scheduled from January 1, 2026.
The new tax regime is anchored on four landmark tax reform bills signed into law in 2025 as part of the Federal Government’s broader fiscal and economic reform agenda aimed at boosting revenue, simplifying the tax system and reducing leakages.
The laws — the Nigeria Tax Act, 2025, Nigeria Tax Administration Act, 2025, Nigeria Revenue Service (Establishment) Act, 2025, and the Joint Revenue Board of Nigeria (Establishment) Act, 2025 — consolidate and replace several existing tax statutes, including laws governing companies income tax, personal income tax, value added tax, capital gains tax and stamp duties.
Key elements of the reforms include the harmonisation of multiple taxes into a more streamlined framework, expansion of the tax base, protection for low-income earners and small businesses, and the introduction of modern, technology-driven tax administration systems such as digital filing and electronic compliance monitoring.
The reforms also provide for the restructuring of federal tax administration, including the creation of the Nigeria Revenue Service, to strengthen efficiency, coordination and revenue collection across government levels.
While the Federal government has described the reforms as critical to stabilising public finances and funding infrastructure and social services, the laws have generated intense public debate, with some civil society groups and political actors alleging discrepancies between the versions passed by the National Assembly and those later gazetted.
These concerns sparked calls for suspension, re-gazetting and legal action, culminating in the suit dismissed by the Abuja High Court.
Reacting to the judgment, stakeholders described the ruling as a major boost for the reforms, saying it has removed all legal obstacles that could have delayed the implementation of the new tax framework.
Headlines
Peter Obi Officially Dumps Labour Party, Defects to ADC
Former governor of Anambra State, presidential candidate of the Labour Party (LP) in the 2023 election, Mr. Peter Obi, has officially defected to the coalition-backed African Democratic Congress (ADC).
Obi announced the decision on Tuesday at an event held at the Nike Lake Resort, Enugu.
“We are ending this year with the hope that in 2026 we will begin a rescue journey,” Obi said.
The National Chairman of the ADC, David Mark, was among the attendees.
Headlines
US Lawmaker Seeks More Airstrikes in Nigeria, Insists Christian Lives Matter
United States Representative Riley Moors has said further military strikes against Islamic State-linked militants in Nigeria could follow recent operations ordered by President Donald Trump, describing the actions as aimed at improving security and protecting Christian communities facing violence.
Moore made the remarks during a televised interview in which he addressed U.S. military strikes carried out on Christmas Day against militant targets in North-west Nigeria.
The strikes were conducted in coordination with the Nigerian government, according to U.S. and Nigerian officials.
“President Trump is not trying to bring war to Nigeria, he’s bringing peace and security to Nigeria and to the thousands of Christians who face horrific violence and death,” Moore said.
He said the Christmas Day strikes against Islamic State affiliates had provided hope to Christians in Nigeria, particularly in areas affected by repeated attacks during past festive periods.
According to U.S. authorities, the strikes targeted camps used by Islamic State-linked groups operating in parts of north-west Nigeria.
Nigerian officials confirmed that the operation was carried out with intelligence support from Nigerian security agencies as part of ongoing counter-terrorism cooperation between both countries.
The United States Africa Command said the operation was intended to degrade the operational capacity of extremist groups responsible for attacks on civilians and security forces.
Nigerian authorities have described the targeted groups as a threat to national security, noting their involvement in killings, kidnappings and raids on rural communities.
Moore said the strikes marked a shift from previous years in which attacks were carried out against civilians during the Christmas period. He said the U.S. administration was focused on preventing further violence by targeting militant groups before they could launch attacks.
U.S. officials have said the military action was carried out with the consent of the Nigerian government and formed part of broader security cooperation between the two countries. Nigeria has received intelligence, training and logistical support from international partners as it seeks to contain militant activity.
Moore had previously called for stronger international attention to attacks on Christian communities in Nigeria and has urged continued U.S. engagement in addressing extremist violence. He said further action would depend on developments on the ground and continued coordination with Nigerian authorities.
Nigerian officials have maintained that counter-terrorism operations are directed at armed groups threatening civilians, regardless of religion, and have reiterated their commitment to restoring security across affected regions.






