Debts for some traders as fire guts Balogun market in Lagos

Many traders at the popular Balogun market on Lagos Island are in sorrowful mood on Thursday morning as fire burnt their goods.

Many of the traders lamented that they had stocked millions of goods for end-of-year sales before the fire incident occurred.

One of the affected traders at the popular Lagos market, identified simply as Mrs. Akande, broke down in tears while narrating the incident.

She said “I just came to the market to open my shop and saw many traders crying. I looked up and saw that our goods have been gutted by fire.

“We are in trouble. Many of us took loans to get goods so that we can make much profit during this festive period.”

The fire incident, which started at midnight, occurred nine days before Christmas. The cause of the fire outbreak could not be ascertained as of the time of filing this report.