Not less than 20 vehicles and numbers of shops were gutted in fire outbreak at Owode Onirin Market on Monday night.
According to report, some of the vehicles affected were several Hummer buses, cars, business centres and properties worth millions.
The outbreak started around 9:30 pm, according to witnesses, flaming off the roof top of a food seller popularly known as Iya Yusuf.
It was gathered that the fire erupted as a result of careless abandonment of burning coal by the food vendor.
Watchmen of the business community, who saw the fire, made initial efforts to put the fire off before residents came to their aid.
Eye witnesses accused the fire service of late response to the emergency call ,which eventually led to the wide spread of the fire out break.
However, the Lagos State Fire Service operatives where able to put out the fire at about 11:30 pm Monday night.