The Olowu spare parts market has been destroyed by fire. The fire incident happened early on Thursday.
News reporters discovered that several of the stores that were destroyed by the fire also sold motorbikes, car components, and air conditioners.
Due to the fire breakout, the merchants lost products worth millions of naira.
Security personnel and members of the Lagos State Fire Service have started working on the spot to contain the situation.
Recall that a similar fire event on Kirikiri Road, Olodi-Apapa in Ajegunle, took place three weeks after Akere Spare Parts Market.