A devastating fire has destroyed over 500 shops in the Aleshinloye Market, a major commercial hub in Ibadan, Oyo State. The incident occurred late Tuesday night, at around 10:15 pm, causing significant damage to the popular marketplace situated in the Ibadan South West Local Government Area.
The National Emergency Management Agency’s South-West Zonal office has confirmed the extent of the damage in the aftermath. The fire has left numerous business owners grappling with losses and disrupted the local economy significantly.
Efforts are underway to assess the full impact of the disaster, with authorities working to determine the fire’s cause and provide necessary support to the affected shop owners. The incident underscores the vulnerabilities of market infrastructure to fire outbreaks, highlighting the need for improved safety measures to protect commercial properties and prevent similar occurrences in the future.
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