Timber market rising as traders put losses at N20b

Those who left the place on Saturday evening could not believe their eyes with the level of rebuilding ongoing. The Nation on Sunday saw many artisans working on the site.

The fire has not totally burnt out as at press time. Some of the traders were seen joining fire-fighters to quench the smoulder. There were still some emergency responders within the vicinity, including police officers, who were preventing hoodlums from taking advantage of the situation. Loads of timbers were being dropped by cat-pushers and some hefty men on-site were also carrying them.

According to the union, the four-storey Kayinsola House had goods worth over N500 million. A member of the market union, Alhaji Tajudeen Sanni, put the worth of the goods lost to the inferno at N20 billion.“Those who were saying that Amu Market is not that big don’t know what we have in this place. This is a huge market. Majority of our goods was imported and they are original. Think of the amount of forex expended on regular basis.

“As we were doing that, some of us were calling on the emergency responders, especially the fire service. Things have gone beyond salvaging by the time the firefighters arrived.” “This is where we make our living. For how long do we continue to lament over the losses. What has happened has happened; we need to move on with our lives,” Ibrahim said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

15 traders slump as fire razes Amu timber market in Lagos Saturday morning (photos) – Daily TrustADVERTISEMENTHOW OVER 5000 NIGERIA MEN HAVE PERMANENTLY OVERCOME TERRIBLE BEDROOM PERFORMANCE DUE TO THIS RECENT DISCOVERY BY MEDICAL CONSULTANTS
Source: Daily Trust - 🏆 13. / 51 Read more »

Fire Guts Mushin Timber Market | Sahara ReportersFire Guts Mushin Timber Market | Sahara Reporters The fire has destroyed goods and valuables worth several millions of naira. The inferno started around 12:00am on Saturday and still spreading through large sections of the market. followlasg READ MORE: followlasg Excuse me please whi is behind this new wave of madness. Markets are now set on fire. followlasg We have an arsonist among us, we are not looking into this issue as a big problem. One Nigeria zoo is hell so all people must Stop Herdsmen people for killed the people in Nigeria and also in biafra land.
Source: SaharaReporters - 🏆 9. / 63 Read more »

Fire razes Amu Market in LagosThe popular Amu Plank Market in Mushin, Lagos, was razed by a midnight fire Saturday destroying properties worth millions of Nigeria. No more Dildo for purchase. Soon otu market will be targeted and everybody will be dancing Soapy.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Sanwo-Olu Orders Investigation Into Amu Market Fire DisasterLagos State Governor, Mr. Babajide Sanwo-Olu has ordered full scale investigation into the cause of the fire incident the gutted the popular Amu Plank Market located in Mushin area of the state destroying eleven houses and goods worth over N10 billion. The governor who stated this when he visited the market with his deputy Dr. […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Traders faint as fire razes Lagos Timber market – Daily TrustSome traders fainyed while property worth millions of naira was early yesterday destroyed by fire at the popular Amu Timber market near Olorunsogo Bus-stop in Mushin area of Lagos. Several houses were burnt while the main market of about 2,200 sqm was consumed in the disaster which left property owners, shop owners devastated, crying and … Subhanallah
Source: Daily Trust - 🏆 13. / 51 Read more »

Raging Fire Guts Amu Plank Market In LagosRaging Fire Guts Amu Plank Market In Lagos Facilities like this should have a standby service truck. Sad!! Fire incidents are regular occurrences in Lagos leading to loss of millions of Naira and loss of lives, yet no solutions. Many are as a result of human greed and errors Is the fire back in Lagos markets?
Source: channelstv - 🏆 7. / 63 Read more »