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Home BUSINESS / ENTREPRENEURSHIP

Praco Int’l Ltd denies building collapse rumour, vows commitment to structural standards

Onyeka by Onyeka
June 29, 2024
in BUSINESS / ENTREPRENEURSHIP
Praco Int’l Ltd denies building collapse rumour, vows commitment to structural standards
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Management of a real estate firm, Praco International Limited has refuted rumours of collapse of one of its buildings under construction in Abuja.

The purported collapse, was said to have occurred on Friday at one of the company’s site located in Guzape, trapping an unspecified number of victims.

But reacting to the rumour, Managing Director and Project Manager of Praco International Limited, Dr Chukwudubem Ezekwelu said no death was recorded, nor anyone trapped in the incident.

He said, “Contrary to the rumours being peddled that many have died and others trapped at the site, no such incident happened at any of the company’s sites in Abuja or anywhere. There was no collapse at the Guzape site.

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“No single death was recorded, nor was anyone trapped. To put the records straight, what happened at the Guzape site of the company, was that a client decided to demolish an ongoing building project, to change the design.

“It was a demolition of a building by a client, who wanted to change the model of the building, which was still at skeletal stage, to a different design of his choice.

“There was also no casualty resulting from the demolition, as is being peddled in some media outlets.”

Describing the rumour, as handiwork of detractors bent on tarnishing the unequalled agelong reputation of the real estate firm, Ezekwelu warned the detractors and their paid bloggers to desist from spreading such false news.

He reiterated the commitment of Praco International Limited, to upholding international standards and best practices in the building and construction business, adding that the company has a track record of professional and quality performances.

“We have come a long way in professionalism and excellence, to begin now to undertake substandard projects.

”Praco International Limited is an incorporated real estate company that has built many structures across the country, with many also ongoing and we pride ourselves as a household brand in terms of real estate development.

“We want to assure the public and our clients that we are committed to what we do and will never relapse into low quality projects,” Ezekwelu assured.

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