Afriland Towers Adequately Insured As Firm Reviews Coverage Details

Afriland Properties Plc has disclosed that Afriland Towers, which precocious suffered a occurrence outbreak, is adequately insured. The institution is reviewing security sum details and awaiting authoritative reports to usher compensation and rebuilding efforts.

Recall that determination was a caller occurrence incidental astatine Afriland Towers connected Broad Street, Lagos, connected Tuesday, 16th of September, 2025, which resulted successful 10 fatalities and important disruption. The blaze originated successful the basement inverter country and was contained to its constituent of origin.

Afriland Properties, done its caput of Brand, Marketing, and Corporate Communications, Chukwunonso Okafor, disclosed connected Saturday that “regarding insurance, the institution is reviewing sum details and awaiting authoritative reports to usher compensation and rebuilding efforts. Afriland Towers volition stay closed for extended information inspections, cleaning, and immoderate indispensable reconstruction earlier re-occupation.”

Afriland Properties emphasised that, though the occurrence was devastating, it has reinforced the company’s committedness to information crossed its spot portfolio, adjacent arsenic the steadfast is proactively reviewing each managed facilities to guarantee compliance with the highest information standards, moving intimately with regulatory authorities to heighten catastrophe prevention and effect protocols.

Okafor said, “Afriland Towers is equipped with fume extractors, occurrence reels, extinguishers, and occurrence alarms crossed each floors, installed per Federal and State Fire Services recommendations. The gathering besides features 2 dedicated exigency staircases and aggregate ground-floor exits.”

Stating that the occurrence began astir 1:20 pm, with on-site occurrence champions promptly initiating effect protocols, helium added that, exigency services arrived astir 20 minutes later, with enactment from well-meaning Nigerians aiding containment efforts, noting that, the accelerated dispersed of heavy fume severely constricted visibility and entree to evacuation routes, forcing immoderate occupants to exit done windows.

The institution confirmed that occurrence drills are regularly conducted and overseen by occurrence work officials, and designated occurrence wardens connected each level person yearly training. Despite this, helium said, the strength of the incidental challenged connection and evacuation, and investigations are ongoing into reported inconsistencies successful alarm activation.

Okafor besides addressed questions astir the building’s information features, confirming that, Afriland Towers complies afloat with regulatory requirements and holds valid certifications for occupancy. The company, helium noted, is cooperating with regulators to behaviour a broad post-fire information audit and has committed to implementing enhanced information measures beyond regulatory standards to forestall aboriginal incidents.

“The tragic nonaccomplishment of beingness included unit from United Capital Plc and the Federal Inland Revenue Service. Afriland Properties expressed heartfelt condolences to the families and confirmed that support, including grief counselling, aesculapian evaluations, and flexible enactment arrangements, is being provided to affected unit and their families. Alternative enactment arrangements volition stay successful spot until the gathering is deemed structurally and operationally safe”

Afriland Properties emphasided that though the occurrence was devastating, it has reinforced the company’s committedness to information crossed its spot portfolio. The steadfast is proactively reviewing each managed facilities to guarantee compliance with the highest information standards, moving intimately with regulatory authorities to heighten catastrophe prevention and effect protocols, helium assured.