One person has been confirmed dead while three others sustained injuries when the elevator of the Cocoa House in Ibadan, the Oyo State capital, collapsed.

It was gathered that the faulty elevator collapsed on Wednesday morning, January 6, while some technicians were trying to replace it with a new one.

Head, Corporate Affairs, Odu’ a Investment Company Limited, Victory Ayetoro, who confirmed the incident said that the conglomerate was trying to change the old elevator to a new one when the incident happened.

“At around 11am this morning, the lift installation team from our contractor handling the lift and who were working on dismantling the old lift in readiness for a new lift instalment, while working on the lift suffered a mechanical failure,” said Ayetoro.

“The said failure resulted in the lift dropping and crashing into the basement pit. Unfortunately, one of the technicians in the team did not survive the incident. Three other technicians suffered minor injuries and have been taken to the hospital for check up and treatment. The head office of the company has been informed and their representatives have arrived to take charge of the situation while the Police have also been informed.” he added.