Devastating Fire Destroys Goods Worth Millions at Oyo State Market

Devastating Fire Destroys Goods Worth Millions at Oyo State Market

  • A fire at Moniya market in Oyo State, believed to be caused by a power surge, destroyed goods worth millions of naira
  • The blaze, which started around 12.30am, ravaged 17 shops, causing significant losses for traders
  • Despite the prompt response of the fire service, victims are calling for government support

A devastating fire broke out early Monday morning, destroying goods worth millions of naira at the Moniya market in Akinyele Local Government Area.

The blaze, believed to have been triggered by a power surge, began around 12.30am and ravaged 17 shops.

Devastating fire destroys goods worth millions in Oyo
Devastating fire destroys goods worth millions in Oyo. Photo credit: Olasankanmi Ariyo via Getty Images
Source: Facebook

Incident Details

The PUNCH reported significant damage, with valuable goods and cash lost in the inferno.

Kolawole Balogun, the Babaloja of Moniya Garage, and Saliu Bello, the Chairman of the Garage, were alerted by a security guard about the fire around 12.30am.

Both expressed deep concern over the extent of the losses.

Eyewitness Accounts

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Balogun stated:

“I rushed to the market as soon as I got the call. We lost multimillion-naira goods. The prompt arrival of the fire service prevented even greater devastation. In addition to the goods, cash in millions of naira was also destroyed. Many traders often store their money in their shops when they leave for the night.”

Appeal for Support

Several victims, including Yetunde Musa, Ajetunmobi Idowu, Olaide Badmus, Balogun Sulaimon, and Ajetunmobi Kolawole, have called on the government to provide immediate support for those affected.

Fire incidents in Nigeria have become increasingly frequent and devastating. In 2024 alone, Legit.ng recorded several fire incidents, resulting in losses amounting in millions.

These fires have been attributed to factors such as population growth, unstable electricity, negligence, and illegal electrical connections.

Traders Count Losses After Devastating Blaze

Meanwhile, Legit.ng earlier reported Traders at Idumota Under-bridge market are facing severe losses following a fire disaster in Lagos Island Local Government Area.

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Early morning fire razes Trademore Estate market in Abuja

The inferno, which began late Friday night, destroyed goods and properties worth millions of Naira. The fire reportedly started in a shop and rapidly spread to adjoining structures, engulfing multiple buildings used as car spare parts shops.

The Permanent Secretary of Lagos State Emergency Management Agency (LASEMA), Dr. Olufemi Oke-Osanyintolu, confirmed the incident.

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Source: Legit.ng

Authors:
Basit Jamiu avatar

Basit Jamiu (Editor) Basit Jamiu is a journalist with more than five years of experience. He is a current affairs and politics editor at Legit.ng. He holds a bachelor's degree from Ekiti State University (2018). Basit previously worked as a staff writer at Ikeja Bird (2022), Associate Editor at Prime Progress (2022), and Staff Writer at The Movee (2018). He is a 2024 Open Climate Fellow (West Africa), 2023 MTN Media Fellow, OCRP Fellow at ICIR, and Accountability Fellow at CJID. Email: basit.jamiu@corp.legit.ng.

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