Femi Osibona, the owner of fourscore Homes, the real estate firm in charge of the collapsed 21-story building on Gerrard Road, Ikoyi has been reported dead.

According to Channels, Femi was onsite with an American-based friend, Wale Bob-Oseni, when the building came crashing down on Monday. The corpses of both men are said to have been recovered on Thursday.

Their deaths take the toll from the collapsed 21-story-building to 40.

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Nairametrics reported on Monday that a 21-storey high-rise building at Gerrard Road, Ikoyi collapsed.

Nairametrics also reported that the Governor of Lagos state inaugurated a tribunal to investigate the cause of the tragic incident.