Properties price tens of millions of naira have been razed to the bottom at Ikotun… as a number of retailers and items had been destroyed within the early hours of January 1, 2026.
Movies circulating on social media present intense flames and thick smoke rising from components of the market, whereas residents and merchants appeared on helplessly. Eyewitnesses on the scene mentioned the fireplace began round 12:05 a.m. and unfold shortly by means of intently packed stalls.
Ikotun Market is likely one of the main industrial centres serving residents throughout Alimosho and surrounding areas. Recurrent market fires in Lagos proceed to boost issues about hearth security requirements, emergency response capability and the vulnerability of merchants’ livelihoods.
