The famed Oyingbo market’s stockfish section was completely damaged by fire yesterday, resulting in the theft and destruction of products valued at N120 million.
it revealed that around seven stores that had recently been stocked with stockfish had been raised down and that the commodity’s ashes were visible all over the market.
Traders who spoke with our correspondent claimed that the fire began after midnight and was extinguished after more than two hours of fighting to contain it, despite the fact that Vanguard was unable to determine the origin of the fire.
One of the impacted store owners, Mr. Davidson Okenwa, told our correspondent that he received a call at around 12:30. A M that four of his stores were harmed and that the market was on fire.
In addition, Okenwa said that products valued at over N70 million were destroyed in the fire, and that seven of his stores were entirely burned and plundered.
“I got a distress call from that market around 12:20 A.M. this morning, so I rushed from my house in Ijegun,” he added. Upon arrival, I found that four of my stores had been entirely destroyed by fire, while others had been plundered.
I am currently in a difficult situation as a result of stealing a facility from First City Monument Bank, FCMB. I have no idea what to do at all. Since I only received the items a day before the fire occurred, the total worth of the stockfish destroyed in the fire is approximately N70 million.
Speaking about the situation, Greg Ilobinso, a prominent East Coast stockfish dealer, stated that the loss at the market amounts to millions of Naira and that having a fire station there is essential for prompt response.
I am currently in a difficult situation as a result of stealing a facility from First City Monument Bank, FCMB. I have no idea what to do at all. Since I only received the items a day before the fire occurred, the total worth of the stockfish destroyed in the fire is approximately N70 million.
Speaking about the situation, Greg Ilobinso, a prominent East Coast stockfish dealer, stated that the loss at the market amounts to millions of Naira and that having a fire station there is essential for prompt response.
Ilobinso added that both the government and the traders will continue to lose money until the Lagos government recognizes the necessity of protecting people’s lives and property at this specific market.
Ilobinso urged insurance providers to provide marketable insurance solutions in order to reduce the losses incurred by those affected by such events.
“Some of my customers told me about the incident this morning, and I understand the anguish experienced by the merchants whose stores were impacted. I sincerely hope that the Lagos State Government will show compassion for the victims and lessen the impact of the shop owners’ losses.
