Ibadan Christmas Fire: We Lost N1bn, Not N250m- Union

    Mr Gbenga Fasoro, the Secretary of the traders’ union in the
    popular Ibadan plank market, Alaro, in Sango, where the December 25 fire
    incident occurred said traders didn’t lose N250m to the fire incident, but lost
    times four of with which has been approximated to N1bn.
    Gbenga said the fire didn’t occur at the plank market but a nearby
    house but someone made it spread to the market when he threw a cooking gas
    cylinder into the plank market. Gbenga said he had come to visit the market for
    inspection when he heard a loud explosion and quickly went to his car to pick
    his fire extinguisher, but sadly the fire had gone beyond what that could
    control.
    250 shops, generators, equipment and goods were all destroyed
    in the inferno.

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