Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Traders count losses as fire razes Ladipo market

Recurring infernos raise concerns over safety measures

admin by admin
February 25, 2025
in Accident, Economy, Human Interest, News
0
Early morning fire destroys Trademore Estate market in Abuja
0
SHARES
13
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Traders at Ladipo Market in Lagos are counting their losses after an early morning fire Tuesday gutted several shops destroying goods worth millions of naira.

The Permanent Secretary of the Lagos State Emergency Management Agency, LASEMA, Dr. Olufemi Oke-Osanyintolu stated that the agency received distress calls through its emergency toll-free lines at about 12:09 a.m.

“LASEMA immediately activated the state’s emergency response plans, and our response team from the Cappa Base was deployed to the scene,” he said.

Emergency responders arrived at 12:16 a.m. and discovered that a warehouse surrounded by shops had been engulfed in flames. Investigations traced the cause of the inferno to an electric power surge after public electricity supply was restored to the area.

Although no casualties were recorded, valuable goods—including electronics, generating sets, bicycles, auto spare parts, phones, and home appliances—were destroyed.

Authorities have since sensitized warehouse occupants on preventive measures to avoid a recurrence.

This is not the first time Ladipo Market has suffered such a disaster. The market has witnessed multiple fire outbreaks over the years, raising concerns over safety measures.

June 11, 2012: A fire gutted Warehouse B, destroying millions of naira worth of goods. Illegal electrical connections were cited as the cause.

April 20, 2016: About 50 shops at the Osoro section of the market were reduced to ashes after a power surge from a fallen electric pole.

November 29, 2021: A furniture workshop and an auto spare parts building were destroyed following an electrical spark.

The frequency of these fires has left many traders worried about the security of their investments.

Following the latest fire, many social media users have expressed frustration and concern.

A user on X, Kanayo X, wrote:

“It’s becoming too much. Should we say it’s the carelessness of the people or an intentional act?”

Another user, Victor Frank Ejor commented:

“The fire incidents are too frequent these days.”

Some questioned whether affected traders had insurance to mitigate their losses @Slimshadieh20 remarked:

“I hope say dem get insurance shaa.”

While authorities are urging better safety practices, many believe stronger enforcement of electrical regulations and fire safety measures is crucial to preventing future disasters.

NAN

Tags: Ladipo MarketLASEMA
Previous Post

Zulum rallies support for seamless 2025 Hajj

Next Post

Lessons from war in Ukraine

admin

admin

Next Post
President, Donald Trum

Lessons from war in Ukraine

NRS Advertisement

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
Bandits kidnap students of Federal University of Gusau

Gunmen kill nine in Plateau State

October 2, 2023
Methodist Church seeks FG’s support on mission schools

Methodist Church seeks FG’s support on mission schools

September 11, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Ima Niboro, veteran journalist and former Managing Director of the News Agency of Nigeria, joins President Bola Tinubu’s campaign communications team ahead of the 2027 general election.

Ex-NAN boss Ima Niboro joins Tinubu’s campaign team

September 13, 2026
Fortune FA, Ajegunle United Football Team

Nathaniel Idowu U-16: Fortune, Ajegunle shine in week two

September 13, 2026
Falconets Vs New Caledonia

Falconets thrash New Caledonia 10-1, reach round of 16

September 13, 2026
Accord Party challenges the omission of its presidential candidate, Dr Gbenga Olawepo-Hashim, from INEC’s final list of candidates for the 2027 general elections.

Accord Party kicks against omission from INEC list

September 13, 2026

Recent News

Ima Niboro, veteran journalist and former Managing Director of the News Agency of Nigeria, joins President Bola Tinubu’s campaign communications team ahead of the 2027 general election.

Ex-NAN boss Ima Niboro joins Tinubu’s campaign team

September 13, 2026
Fortune FA, Ajegunle United Football Team

Nathaniel Idowu U-16: Fortune, Ajegunle shine in week two

September 13, 2026
Falconets Vs New Caledonia

Falconets thrash New Caledonia 10-1, reach round of 16

September 13, 2026
Accord Party challenges the omission of its presidential candidate, Dr Gbenga Olawepo-Hashim, from INEC’s final list of candidates for the 2027 general elections.

Accord Party kicks against omission from INEC list

September 13, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Ima Niboro, veteran journalist and former Managing Director of the News Agency of Nigeria, joins President Bola Tinubu’s campaign communications team ahead of the 2027 general election.

Ex-NAN boss Ima Niboro joins Tinubu’s campaign team

September 13, 2026
Fortune FA, Ajegunle United Football Team

Nathaniel Idowu U-16: Fortune, Ajegunle shine in week two

September 13, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.