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‘billions Gone’: How Instagram Vendors Lost Goods To Great Nigeria House Fire - Business - Nairaland

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‘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 Oni


Tears, anguish, and a cry for help filtered through Nigeria’s social media space on Christmas Eve. For many importers and Instagram vendors, the festive season ushered in losses reportedly north of “billions”, following an inferno that consumed the 22-storey Great Nigeria Insurance House on Martins Street, Lagos Island.

The fire had lit up the skies on the night of December 24, spreading to adjacent structures, including a mosque, before emergency responders brought it under control.

In an update on December 25, Damilola Oke-Osanyintolu, director-general of the Lagos State Emergency Management Agency (LASEMA), said preliminary investigations showed that the fire originated from an apartment on the fourth floor before rapidly escalating to the sixth floor and beyond.

Seven adult males reportedly sustained various degrees of burns and received immediate medical attention from paramedics before being transferred to nearby hospitals.

The building, which served as a warehouse and outlet for clothing materials, alongside corporate offices, housed goods “worth millions”, and in some cases, “billions of naira”, according to affected traders.

Several vendors took to social media to narrate their losses and the emotional toll of the incident.

An importer, with the name ‘Monchericloset_empire’ on Instagram, described the building as “majorly a warehouse”, lamenting that importers had lost goods worth billions of naira.

To be an importer is not easy. I am not even crying for myself only. I am crying for everybody that has goods in that Great Nigeria House. Imagine billions of naira,” she said.

Another vendor, known as the ‘_houseofemmy’, said illness delayed her from clearing newly arrived goods from the warehouse.

“What type of consolation do I want to give myself? I keep blaming myself. I cannot cheat nature. I have been sick since last week. Terribly sick, and whenever I have migraine, I will be unable to function,” the vendor said.

Last week, I was called that my market has arrived. I was saying, what is my January market doing now in December? That it was too early. I was like, ‘let me see the way my body will feel when I come back next week, (this week that we want to enter), we will offload everything. I am very sure we would have sold a little bit from the goods in the store and there will be space.

“I was still saying that I would go and pay, not until I saw the fire incident. I just questioned myself.

Everything people worked for in one year. No single holiday, no single break for me since 2024. I worked all year.”


Also, Bussie_closeet said she delayed clearing her goods until December 29, only for the warehouse to be “burnt to ashes”.


‘I SAW PARTICLES OF MY GOODS… IN THE FLAME

Imagine losing all my new year goods to Wait and Carry,” she added.

Another vendor, Tifefashionstores confirmed that both personal and pre-order goods were destroyed in the fire, urging customers to be patient as shipping companies were yet to provide full details.

“A lot of people are asking if their exact goods are there or not. We are not certain of all items yet, as the shipping company hasn’t provided all information. With time, we will be back with solid information,” she said.

Please be gentle on me at this time, that’s all I ask. Millions of naira have gone in the flames, I could see particles of my goods.

In an emotional post, a TikTok user identified as Bimzee Collections said she lost two shops to the fire.

“God, do you want to take everything from me? People will mock me,” she said.

I have no one to depend on. I have been struggling since d (sic) age of 12 years old. So all what I have been struggling for since this year has vanished just in a day.”

An Instagram vendor, Chic.hub, said she confirmed the loss of her goods after initially trying to shield herself from the emotional impact.

“I can’t stop thinking about how much stress I went through in China trying to source all these items and how much money went down just to invest in my business. 2025 will forever be a year I will never forget!” she said.

TheCable understands that about 36 containers were in the affected building.

In an official notice circulated among victims, Wait and Carry Cargo said it would not issue payments or refunds to affected customers, citing the losses it also incurred.

The company said the fire destroyed its office, warehouses, and stored goods, adding that it was still conducting a full assessment as not all affected containers had been identified.

“However, we are actively working to put all necessary information together and will continue to keep our customers updated,” the notice reads.

“For now, below is the list of recently offloaded containers that were within the affected building: 638, 640, 648, 653, 656, 657, 660, 661, 668, 669, 674, 675, 676, 677, 678, 679, 681, 684, 687, 691, 695, 701, 703, 704, 705, 707, 708, 709, 715, 716, 717, 719, 720, 723, 724.

“Kindly note that this incident falls under Force Majeure/Act of God, being an unforeseen and unavoidable event beyond the control of the company.

“As a result, no payments or refunds can be made to affected customers, as the company has also suffered a total and severe loss.

“We sincerely appreciate your patience and understanding during this extremely difficult period.”

A similar notice from Express Cargo, another shipping company, also circulated online.


NO WRITTEN REPORT CAN REFLECT PAIN

Reacting to the incident, Babajide Sanwo-Olu, governor of Lagos state, expressed sympathy with the victims and commended emergency responders.

Sanwo-Olu, who visited the scene for an on-the-spot assessment, noted that the scale of the loss could not be fully captured in reports.

“No written report can truly reflect the pain or the full extent of this loss,” the governor said.

“I want to thank our firefighters, emergency responders, and all the agencies that worked tirelessly through the night to bring the fire under control. Their courage and dedication saved lives and prevented the damage from spreading further.”

He said the state government will continue to assess the situation and “provide support to those who have been impacted”.

Many traders reported that the state fire service failed to put out the blaze, despite arriving early at the scene.

Explaining the delay in containing the fire, Margaret Adeseye, controller-general of the Lagos State Fire and Rescue Service, said the affected buildings are predominantly warehouses with poor storage practices, involving highly combustible materials that fuelled the fire’s rapid spread and complicated suppression efforts.

Adeseye added that crowd control and limited access to the scene posed significant challenges for emergency responders, while the conjoined nature of the building structures further aided fire propagation.
https://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

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:
‘Billions of naira gone’: How Instagram vendors lost goods to Great Nigeria House inferno





https://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
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:
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.
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):
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:
Femeto:
Una no get insurance abi? Mad people put your warehouse in between a building. How would the space be controlled and monitored.
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:
Nigerians have never heard of insurance. Days like this it would come in handy. A sad one..
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:
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!
My brother,the kind of envy and jealousy wey dey Lagos were..It's really sickening.. undecided
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:
‘Billions of naira gone’: How Instagram vendors lost goods to Great Nigeria House inferno





https://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
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:
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!
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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