In a statement released, the agency said the building collapsed as a result of a truck that ran into it. The statement read;

''Situation report on the collapsed building at 1st Avenue, Banana Island, Ikoyi

Upon arrival of the LASEMA Response Team at the scene of the incident, a six storey building under construction was found to have collapsed. Information gathered revealed that the building collapsed as a result of a truck that ran into the building.

Fortunately, no loss of life, however, efforts are ongoing to reconstruct the building to ground zero so as to forestall any secondary incident.

Recovery operations ongoing."