Another market in the Lagos metropolis, Olowu spare parts market was Thursday morning gutted by fire.
Many of the shops razed had air-conditioners, parts of vehicles, and motorcycles, among others for sale.
The traders count their losses as the goods lost to the fire are worth millions of naira.
The men of the Lagos State Fire Service and security operatives are at the scene. The situation is under control.
A similar incident occurred three weeks after Akere Spare Parts Market on Kirikiri Road, Olodi-Apapa in Ajegunle, went up in flames.
Recall that Balogun market in Ikeja also went up in flames few days ago.