N450m worth of goods lost to fire at Erisco Foods warehouse in Lagos
About N450m worth of goods was estimated to have been lost to a fire incident that gutted Erisco Foods Ltd warehouse in Lagos on Monday, according to the company’s General Manager, Mr. Tokunbo Agbede.
Agbede revealed on Tuesday that the Nigerian Police and the Lagos State Fire Service have begun investigations in earnest to ascertain what led to the fire outbreak which happened about 6a.m. at the Eleganza warehouse of the company.
“The fire is a colossal loss to the company at a time when we are trying to wind down production in Nigeria,” he said.
“As it, most of the raw materials were destroyed because they were lying in the warehouse unused with other tomato paste that have yet to be sold.”
Agbede called on regulatory agencies to support local manufacturers in a bid to stimulate the economic growth desired by government.
