A devastating midnight fire has destroyed parts of the Ladipo and Owode Onirin markets in Lagos State, resulting in millions of naira in losses. The fire outbreak, which occurred in the early hours of the morning, has left many traders counting their losses as shops, goods, and properties were engulfed in flames.
Markets Affected and Possible Causes
The Ladipo Market, known as one of Nigeria’s biggest auto spare parts hubs, and Owode Onirin Market, a major center for iron and metal fabrication, were both affected by the inferno. While the exact cause of the fire is yet to be confirmed, preliminary reports suggest it might have been triggered by:
Electrical faults from power surges.
Storage of flammable materials in some shops.
Negligence in handling fire-prone items.
Eyewitnesses reported that the fire started suddenly, spreading quickly due to highly combustible materials within the markets.
Extent of Damage and Traders’ Losses
Many traders woke up to the shocking news of their shops being reduced to ashes. Goods worth millions of naira, including car spare parts, metals, machinery, and other valuables, were completely destroyed. Some traders were seen desperately trying to salvage whatever they could, but the intensity of the fire made rescue efforts difficult.
A distraught trader at Ladipo Market lamented:
“Everything I worked for is gone. My shop had goods worth over N10 million, and I have no insurance.”
Another trader at Owode Onirin added:
“We need government intervention. Many of us rely on this market for our livelihood. This is a huge loss.”
Firefighters’ Response and Challenges
Emergency responders, including the Lagos State Fire Service and other security agencies, arrived at the scene to battle the flames. However, challenges such as:
Late detection of the fire.
Difficulty accessing certain parts of the markets.
Limited water supply.
These factors delayed containment efforts, leading to extensive damage before the fire was fully put out.
Government and Community Reactions
The Lagos State Emergency Management Agency (LASEMA) has confirmed the incident and assured affected traders that investigations will be conducted to determine the exact cause of the fire.
State officials have also urged market leaders to enforce stricter fire safety measures, including:
Regular electrical inspections.
Provision of fire extinguishers in all shops.
Improved emergency response coordination.
Next Steps for Affected Traders
While some traders have called on the government for financial support, others are pushing for the implementation of an insurance policy to protect businesses against such disasters in the future.
As investigations continue, the traders at Ladipo and Owode Onirin markets now face the difficult task of rebuilding their businesses from the ashes.
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Written By Fortune Davidson