Tuesday, October 6, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Billions of naira worth of goods lost to Lagos market fire

Freedom Online by Freedom Online
January 12, 2015
in News
0
Share on FacebookShare on TwitterShare on Whatsapp

Businessmen and women wept uncontrollably on Monday, following an early morning fire at the popular Balogun Market in Lagos.
Billions of naira worth of goods are believed to have been lost in the inferno.
Some traders said 11 containers, containing bags, shoes and clothing materials, had just been off loaded into some of the shops that were razed.
Mrs Kadiri Kareem, an attendant in one of the shops, said that her employer had goods worth N27 billion in his containers.
“The containers have just arrived and we have barely completed offloading the goods.
“Nothing has been sold out of them before this fire. This is not a good way to start the New Year,’’ she said.
Another trader, Mr Okechukwu Anyiam, said he lost goods in four shops and does not know how to start quantifying the losses.
“My God, is this how I will start this New Year?
“When we left yesterday, there was no sign that there will be fire. Where do I start from here?’’ he lamented.
“It is not good to rent many shops in one place,’’ Mrs Iyabo Adebola, another trader, said.
According to her, many of the shops razed in the plaza are owned by wholesale traders in wears and accessories.
Mr Rasaq Ekunsumi, the Secretary of the Balogun Community in Central Lagos, said that the fire started around 4 a.m. from one of the containers attached to the five-storey building.
He said that the building first went up in flames and spread to other shops.
He added that the fire spread quickly because the items in the containers were inflammable.
“We started calling the fire service immediately the flame was noticed. But they did not arrive until fire had spread to two adjacent buildings.
“It is not what we could handle because the fire began where rubber products are being sold,’’ he said.

Share25Tweet16Send
Previous Post

FIRS generated N1.19trn in third quarter of 2014

Next Post

Violence: Buhari warns supporters

Next Post

Violence: Buhari warns supporters

APC will face fire in Kaduna, vows Yero

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Abia Rural Roads: LP Chieftain Urges Otti to Credit Tinubu, World Bank, AFD

October 6, 2026

Xenophobia: National Assembly Vows to Protect Nigerians Living Abroad

October 6, 2026
President, Association of Corporate Communications and Marketing Professionals in Banks (ACAMB), Jide Sipe; Managing Director, CEO, Optimum Bank, Ademola, Odeyemi; President/Chairman of Council, Chartered Institute of Bankers; Managing Director, Nigeria Inter-Bank Bank Settlement System, Premier Oiwoh and Registrar and Chief Executive Officer, CIBN  during the ACAMB's 30th anniversary Gala themed: 30years of Shaping Narratives And Building Trust held at the weekend in Lagos.

ACAMB @ 30: Communications Professionals Urged to Embrace Innovation, AI, Data

October 6, 2026

Court Orders NDLEA Chairman to Provide Duty Roster in Abba Kyari Drug Trial

October 5, 2026

SSANU Gives FG 14 Days to Pay Salary Arrears, Threatens Indefinite Strike

October 5, 2026

Court Reserves Judgment in Suit Challenging Mark, Aregbesola’s ADC Leadership

October 5, 2026

Teachers’ Day: ASUSS Demands Special Salary Structure for Nigerian Teachers

October 5, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.