At least 20 vehicles and scores of shops were gutted in fire outbreak in Owode Onirin Market on Monday night.
According to report, some of the vehicles affected were several Hummer buses, cars, business centres and properties worth millions.
The outbreak started around 9:30 pm, according to witnesses, flaming off the roof top of a food seller popularly known as Iya Yusuf.
It was gathered the fire could have erupted as a result of careless abandonment of burning coal by the food vendor.
Watchmen of the business community, who saw the fire, made initial efforts to put the fire out before residents came to their aid.
Eye witnesses accused the fire service of late response to the emergency call ,which eventually led to the wide spread of raging fire.
However, the Lagos State Fire Service operatives where able to put out the fire at about 11:30 pm.
