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Nairametrics
Home Business News Business

Fire destroys Lagos Plank Market with property worth millions 

Deborah Dan-Awoh by Deborah Dan-Awoh
August 1, 2024
in Business
Fire destroys Lagos Plank Market with property worth millions 
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On the early morning of August 1, 2024, a fire broke out at the Ladipo Baale Roundabout Plank Market in Orile-Iganmu, Lagos, razing property worth millions of naira.

The blaze, which began around midnight, consumed three shops in the market before emergency responders were able to bring it under control. 

Dr. Femi Oke-Osanyitolu, Permanent Secretary of the Lagos State Emergency Management Agency (LASEMA), confirmed that no casualties were reported. According to initial investigations, the fire started from a pile of planks due to a power surge, which then spread rapidly to other sections of the market. 

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While the fire caused significant damage, a substantial amount of property was salvaged through the swift intervention of emergency teams. “No casualties or injuries were recorded in the incident,” Oke-Osanyitolu stated. “Thanks to the collaborative efforts of the responders, the fire was contained before it could spread further.” 

The response included LASEMA’s team, the Lagos State Fire and Rescue Service, and the Nigerian Police Force, all of whom worked together to manage the situation. 

The fire is the latest in a series of market blazes in Nigeria, showing ongoing concerns about safety and infrastructure in densely populated areas. As the investigation into the cause of the fire continues, market traders are left to assess the impact and begin the process of rebuilding. 


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Tags: Ladipo Baale Roundabout Plank MarketLagosOrile-Iganmu
Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

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