Fire guts Ladipo market in Mushin Local Government Area of Lagos State destroying goods worth several millions in 50 shops and displacing 100 traders.
Traders blamed the fire disaster, which started at about 3a.m., Wednesday, on power surge that emanated from Osoro Junction of the market.
The traders explained that the fire started few minutes after the high-tension cable supplying electricity to the community malfunctioned, detached from the pole and fell on the shops.
According to a source, about 11a.m smoke was still billowing from the shops. The traders were sighted still sourcing for water from the drainage to put out the smokes from the shops.
Speaking one of the traders, who lamented that the fire destroyed goods worth several millions.
The source explained that aside the goods destroyed, one of the affected traders lost over N350, 000 left in his safe to purchase vehicle spare-parts, yesterday.
Mr Felix Okoro, Chairman of the Osoro section of the market, said no casualty was recorded but goods worth millions of naira were consumed by the inferno.