Some buildings at the Balogun market, located on Lagos Island are currently on fire.
The fire outbreak is reported to have started from Anambra Plaza on Martins streets the market.
The inferno, according to eyewitnesses, has spread to about five structures and firefighters are currently battling it.
Traders are in a serious panic as they salvage their goods from the windows of the high-rise buildings and scamper to safety.
Some witnesses shared videos on social media, showing fire billowing from buildings in the crowded market.
See social media reactions below…
Fire outbreak at Balogun market ♂️ pic.twitter.com/CrBlyEQgOE
— Best Baba (@iambestb) January 29, 2020
Another fire incident at Balogun Market… Lord have Mercy pic.twitter.com/uGPvxuKDln
— Immaculate Collins (@Sprezzatura2020) January 29, 2020
This is heartbreaking, Balogun market on fire? This Can’t just be it
— Lolly Blaq (@BlaqManLade) January 29, 2020
Balogun Market in flames again and four plazas have been gutted so far in Lagos Island. pic.twitter.com/g8Llw1ho3K
— Ⓜ ✈ (@AimThaMachine_) January 29, 2020
This incident comes about a week after a similar inferno razed a timber market in the Mushin area of Lagos.
Also, some buildings inside Balogun market were in November gutted by fire and eventually demolished after intervention by Lagos State government.