Property estimated at billions of naira was on Tuesday burnt to ashes when a mysterious fire engulfed an old 7-storey building on Lagos Island.
According to a private security guard at a nearby plaza, the fire started around 7am on the 2nd floor of the building like generator smoke and soon spread to big inferno at about 9am.
The affected big plaza named Brassas Fabrics is said to be owned by Fausat Fusijoye (FF).
The Redeemed Christian Church of God was occupying the ground floor of the building situated at Martins Street on Lagos Island.
Youths within the neighbourhood and traders were said to have made frantic efforts to put out the fire but the more the inferno increased.
By about 6pm, fire servicemen from Lagos State Fire Service and security agents, including the police and were still battling to put out the fire.
Some residents in the area said that the inferno was not new to them as it has become an annual occurrence between November and December, except last year when it was only armed robbers that invaded the building and cartered away undisclosed cash and fabric materials.
The affected building is the next to the former Radio Nigeria building at Martins Street and has its back on Sanni Adewale Street in Lagos Island.
Meanwhile, it was also gathered that a building at Oke-Arin and Dosumo areas were on fire but have been put out with the efforts of youths.
