Coscharis Apapa warehouse razed, goods worth billions lost

An early morning inferno, Thursday, razed a warehouse belonging to Coscharis Group located at the Kirikiri Industrial, Mazamaza, Area of Lagos State, destroying property worth billions of naira.

The warehouse was used for storing computer equipment, Abro Petrochemical products, vehicles and inverter batteries, auto spare parts, motorcycles and tires.

Workers of the company said goods worth billions of naira were destroyed by the fire that reportedly started about 4am.

By the time firefighters from the Lagos State Fire Service and the Nigerian Navy arrived the scene; the fire grown which they battled with for over five hours.

Materials such as computer equipment, petrochemical products, vehicles, inverter batteries, auto spare parts, motorcycles and tyres, stored in the warehouse, were also said to have escalated the intensity of the fire.

Although the cause of the fire was yet to be ascertained, some of the workers who spoke on the condition of anonymity attributed it to electrical spark.

The burnt warehouse owned by business mogul, Cosmas Maduka, was said to have been undergoing renovations after one of its divisions was moved to another area of Lagos.