Business
Property worth millions destroyed in Computer Village fire outbreak

Property worth millions destroyed in Computer Village fire outbreak
Property worth millions of naira have been destroyed in a fire incident at 18, Otigba Street, Computer Village, Ikeja.
The fire outbreak which began in the early hours of Monday, engulfed a shopping complex destroying goods and valuables.
As at the time of filing this report, the cause of the fire outbreak was yet unknown.
Theharmattannews learned that the prompt arrival of operatives of the fire service prevented the inferno from consuming other buildings
Confirming the incident, the spokesperson Lagos state police command CSP Adekunle Ajisebutu said policemen were drafted to the scene to protect the Fire fighters and others.”
“The fire has been put out successfully. No life was lost in the incident. However, valuable property which estimates are not yet known were destroyed. Cause of the fire outbreak not yet known. Investigation ongoing.”
The Computer Village is an Information and Communications Technology (ICT) accessories market located in a community called Otigba, located at Ikeja, the capital of Lagos State, southwestern Nigeria. The market is the largest ICT accessory market in Africa. It is a perfect competition market, under the umbrella of the Computer and Allied Products Dealers Association of Nigeria (CAPDAN).
Apart from the sales of information and technology accessory, the markets also deals in the repair of mobile phones and computers. The computer and phone repairs could either be on software or hardware components depending on the nature of the fault.
The market and its wide range of business activities gives opportunities to computer engineers and technicians who specialized in the repair of faulty computers and mobile phone to transact businesses with dealers of ICT accessory, thereby creating job opportunities for them. The market is opened on a daily basis except on Sundays and public holidays. This daily business transactions and popularity has attracted new investors and ICT dealers across Africa thereby expanding the market size and population with profound effects on Lagos State economy.