Connect with us

News

Fire Destroys Millions of Naira’s Worth of Goods And Property In Popular Lagos Market, Balogun.

Published

on

[/quote]
FastNews reports that at the well-known Balogun Market on Lagos Island, a structure was once again completely destroyed by fire, destroying goods and properties worth millions of naira.

Reports state that one of the market buildings on Martins Street in Lagos, where the fire event occurred on Sunday morning, October 9, 2022, is where it began and spread to other locations.

The cause of the inferno could not be ascertained as of press time, but witnesses said that property worth millions of naira were destroyed by the fire.

Recall that sometime in November 2019, 2020, 2021, and even earlier in 2022, there were fire outbreaks that occurred in the same Balogun Markets with several goods worth millions of naira destroyed in the process.

Operatives of the Lagos State Emergency Agency (LASEMA), Lagos State Fire and Rescue Services, as well as other responders, have swung into operation to put out the fire.

However, the Permanent Secretary, of Lagos State Emergency Management Authority, LASEMA, Dr. Femi Oke-Osanyitolu, when contacted, said rescue operations are ongoing at the scene as of 1 pm when firefighters and other first responders are battling to put out the raging fire.

According to Oke-Osanyitolu, “The Agency responded to distress calls concerning the above location and upon arrival at the scene, a shop on the top floor of a four-story building was found to be gutted by fire.

“Further information gathered revealed that clothing materials were stored inside the shop.[quote]

Zenith Bank Retains Nigeria’s Number One Bank By Tier-1 Capital For 15th Consecutive Year
Business56 mins ago

Zenith Bank Retains Nigeria’s Number One Bank By Tier-1 Capital For 15th Consecutive Year

Press Release4 hours ago

Fidelity Bank’s Consistent Strong Growth Excites Investors

Akmodel Group MD Wins Outstanding Humanitarian Award At Maiden Eko Mi Award Night
Press Release2 days ago

Akmodel Group MD Wins Outstanding Humanitarian Award At Maiden Eko Mi Award Night

Rep Umoh: Inflation and Unemployment Hinder Nigeria's Economic Potential
Breaking News3 days ago

Rep Umoh: Inflation and Unemployment Hinder Nigeria’s Economic Potential

Eko Mi Awards Hosts Bldr. (Dr.) Abdulhakeem Odegade, Akmodel Group MD, Hon. James Abiodun Faleke, Favour Benson, Cardinal James Odumbaku, etc To Attend Maiden Edition
Press Release4 days ago

Eko Mi Awards Hosts Bldr. (Dr.) Abdulhakeem Odegade, Akmodel Group MD, Hon. James Abiodun Faleke, Favour Benson, Cardinal James Odumbaku, etc To Attend Maiden Edition

Top 5 Most Popular Apps Worldwide
Breaking News5 days ago

Top 5 Most Popular Apps Worldwide

Band A Struggles: Universities Face High Tariffs While Students Suffer from Blackouts
Breaking News6 days ago

Band A Struggles: Universities Face High Tariffs While Students Suffer from Blackouts

Business1 week ago

Zenith Bank Capital Markets Day

GTCO Offers 9 Billion Shares At ₦44.50 Each, Envisions One Billion Dollar Profit
Business2 weeks ago

GTCO Offers 9 Billion Shares At ₦44.50 Each, Envisions One Billion Dollar Profit

Zenith Bank Wins Best Commercial Bank In Nigeria And Best Corporate Governance Awards At World Finance 2024 Awards
Business2 weeks ago

Zenith Bank Wins Best Commercial Bank In Nigeria And Best Corporate Governance Awards At World Finance 2024 Awards

Unity Bank empowers 400 fresh graduates and invests over N100 million in the Corpreneurship Challenge.
Business2 weeks ago

Unity Bank empowers 400 fresh graduates and invests over N100 million in the Corpreneurship Challenge.

FIRSTBANK SPONSORS “THE NOBLE WARRIOR” PLAY, A 90TH BIRTHDAY TRIBUTE TO WOLE SOYINKA
Business2 weeks ago

FIRSTBANK SPONSORS “THE NOBLE WARRIOR” PLAY, A 90TH BIRTHDAY TRIBUTE TO WOLE SOYINKA

Access Holdings launches N351 billion rights issue to bolster capital base
Business3 weeks ago

Access Holdings launches N351 billion rights issue to bolster capital base

Why Investors will buy Fidelity Banks Offers, by Capital Market Stakeholders
Business4 weeks ago

Why Investors will buy Fidelity Banks Offers, by Capital Market Stakeholders

GTCO Offers 9 Billion Shares At ₦44.50 Each, Envisions One Billion Dollar Profit
Business4 weeks ago

GTCO Recognised As Nigeria’s Strongest Banking Brand

Copyright © FastNews Nigeria