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.

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