Parts of the 25-storey Great Nigeria Insurance Company Ltd building on Martins Street, off Balogun area of Lagos Island was yesteday gutted by fire.
It was gathered that the fire started on the first floor and spread to the third floor of the building around 6:32am leaving officials of the Lagos State Fire Services and other emergency agencies battling to put out the raging inferno.
In a bid to save property worth billions of naira, fire services supported by both the National and State emergency bodies battled frantically to put out the fire.
Their efforts were complemented by traders, residents and occupants whose goods and property worth whooping sums of money had already been destroyed in the raging inferno.
Unconfirmed source alleged that power surge was the cause of the inferno which razed the skyscraper belonging to Odua Investment.
It was learnt that fire service officials, men of the Lagos State Emergency Management Agency, LASEMA, police, health officials and others were at the scene of the fire outbreak, all battling to put it out.
Speaking with newsmen at the scene, the Director, Lagos State Fire Service, Rasak Fadipe, said the fire service received a distress call around 6:34 am that the building was on fire and responded promptly.
Fadipe said the fire trucks at Onikan Fire Station, with 10,000 litres of water, were mobilised to the scene, but that the raging inferno was more than trucks could handle.
He said, “We had to call for reinforcement from the Sari-Iganmu Fire Station which brought another 10,000 litres of water to fight the fire”.
He said the first to the third floor of the building were the ones affected and that the battle to put out the fire was still on as at the time of filing this report.