‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire - Business - Nairaland
Nairaland Forum › Nairaland General › Business › ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire (21796 Views)
| ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Islie(op): 4:18pm On Dec 28, 2025 |
‘Billions of naira gone’: How Instagram vendors lost goods to Great Nigeria House inferno by Aderonke Onihttps://www.thecable.ng/billions-of-naira-gone-how-instagram-vendors-lost-goods-to-great-nigeria-house-inferno/ Previous thread https://www.nairaland.com/8587094/fire-engulfs-22-storey-building-balogun
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| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Aleister(m): 4:53pm On Dec 28, 2025 |
This is sad. Imagine seeing your goods all up in flames and you can’t even do anything about it. May God console all those who lost their goods and means of livelihood to the fire. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Thewrath: 6:17pm On Dec 28, 2025 |
All these lazy envious omo oniles have been busy setting peoples goods and properties on fire….what they can’t achieve in their life time,they destroy! |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Curious345: 6:18pm On Dec 28, 2025 |
You should all have insurance |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by EmekaBlue(m): 6:20pm On Dec 28, 2025 |
Mehn. Fire can be very wicked if it wants to rage. Imagine someone millions of naira with no insurance |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Femeto: 6:20pm On Dec 28, 2025 |
Islie:Una no get insurance abi? Mad people put your warehouse in between a building. How would the space be controlled and monitored. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Morepips2her(f): 6:21pm On Dec 28, 2025 |
Aleister:Amen 🙌 My heart goes out to the affected people |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Checkwell: 6:22pm On Dec 28, 2025 |
This is painful. Sometimes, money lost can never be recovered in one's lifetime. Yet, people will come to this thread and talk like goats 🐐 to mock people who were victims of the fire. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by zeenaman: 6:23pm On Dec 28, 2025 |
The government should kindly intervene. It's needed |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by bluefilm: 6:28pm On Dec 28, 2025 |
Wetin kwansign me? Nothing |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by EponObi(f): 6:28pm On Dec 28, 2025*. Modified: 6:49pm On Dec 28, 2025 |
I hope they have insurance sha. I don't think the government will intervene in anyway. They are private businesses. Next time, use a proper warehouse. All of una just use a single high rise as warehouse, where all of you pay for the cost of a single person's stupidity. The damage would be contained and minimal compared to this if you all use proper warehouse facilities. LASG should step up enforcement. These people shouldn't have been allowed to use that structure as warehouse. In fact, those goods (clothes, plastics, etc) served as fuel that worsened the situation. Engineers who designed warehouse did so for many reasons. A residential building doesn't have the requirements of a warehouse. For instance, they don't have heavy fire suppression systems (sprinklers, foam, etc), fire-rated floors and compartments, load-bearing design for stacked goods, dedicated evacuation, smoke extraction, fire lanes etc. If you are going into a business that requires heavy storage, take note. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Eboofa: 6:29pm On Dec 28, 2025*. Modified: 1:52am On Dec 30, 2025 |
Femeto:Ronu are bragging on TikTok thst more fired will be set! Hmmmm na dem dem |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by 3seriez(m): 6:31pm On Dec 28, 2025 |
Nigerians have never heard of insurance. Days like this it would come in handy. A sad one.. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by iLoveYouToo(m): 6:47pm On Dec 28, 2025 |
3seriez:words on marble. sense won’t kill you. i once took a loan from somewhere and was late by a week, no be them even dey call me sef, na insurance company |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Anguldi(m): 6:48pm On Dec 28, 2025 |
Force majeure, let Dem move 🤷🏿. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Zocalite: 6:52pm On Dec 28, 2025 |
Arson! Igbo people have suffered in this Lagos, you people should be more discreet |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by LordIsaac(m): 7:00pm On Dec 28, 2025 |
Insurance in Nigeria...some people are funny sha. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by ogelekpomgam(m): 7:01pm On Dec 28, 2025 |
Thewrath:My brother,the kind of envy and jealousy wey dey Lagos were..It's really sickening.. ![]() |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by RollinTNDA: 7:02pm On Dec 28, 2025 |
5dss stuff can happen to anyone |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by CJStarz: 7:11pm On Dec 28, 2025 |
Again, man hand dey inside. If you know, you know |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by onatisi(m): 7:17pm On Dec 28, 2025 |
This is very terrible .it will take a miracle for some of these traders to catch up again. Some of these goods were bought with loans and borrowers money that must be paid back with interest by a certain time frame . May God help these traders |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by luvme0702: 7:23pm On Dec 28, 2025 |
Importance of insurance comes to play Islie: |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Treasure17(m): 7:25pm On Dec 28, 2025 |
One moment you are having fun and in another minutes life throw itself at you. It's well. |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by ARISHEM: 7:36pm On Dec 28, 2025 |
If they do insurance no problem |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by ednut1(m): 7:37pm On Dec 28, 2025 |
Thewrath:lister generator illegally installed in the building by the traders caused the fire. U be mumu |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by bassdow: 7:46pm On Dec 28, 2025 |
22-storeyed building with no basic fire preventions in place |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by Btruth: 7:46pm On Dec 28, 2025 |
I think Lagos Island market (Balogun, Martins, Idumota and environs) needs to be decongested. 🤔 |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by DixseenMktPlace(m): 7:58pm On Dec 28, 2025 |
Ah wow na money go so oh na wa oh |
| Re: ‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire by pocohantas(f): 8:04pm On Dec 28, 2025 |
1) The fire started from a lister installed at the top floor. Who does that? It was bound to happen one day. 2) That market is overcrowded. No space for proper evacuation. 3) Nigerians are slow to react. Before that fire spread, they were busy making videos and laughing. Going about their business and selling. Do they know how quickly fire spreads? Given there were fuel generators in same complex. The first thing to have been done is swift evacuation of humans. Not goods. 4) Insurance companies have stopped insuring Island market shops due to high risk involved. Insurance companies do not want to lose. I think any smart trader ahould know not to have his/her shop and warehouse in same location. You have to spread your risk. An affected vendor had 2 shops in same building. I remember then in Ariaria, if they tell you they are going to their second shop, you will think it is 1minute away, they will take 25mins. Their warehouses are also away without active shops. So if it burns, you just know someone went there to set a fire. 5) That market should have a standby WELL EQUIPPED fire service. Not this one that came with weak hose. The shop owners should all be mandated to buy fire extinguishers and take fire drills. Provide them electricity and ban the use of generators. The day I went there ehn. Chineke! Everywhere noise and humans! 6) May God console all of them. This is a very sad way to end the year and I cannot even imagine what they are going through. |
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