Coscharis warehouse |
Goods worth several millions of naira went down the drain as early morning fire yesterday razed a warehouse belonging to Coscharis group. At about 5 am yesterday, Coscharis warehouse at Kirikiri went up in flames with the cause still largely unknown. The Lagos state fire service was contacted who deployed their men to the emergency zone. Volunteer groups also assisted in putting out the fire. The blazing fire was so intense that most of the goods ranging from lubricant to other petroleum products were completely destroyed. Cosharis is the patent distributor of ABRO made in the US products. Most of these ABRO and allied products stored in his warehouse have gone.
This will be like adding salt to injury to Mr Cosmas Maduka who has been having very rough business experience with the Capital Oil Ifeanyi Uba. He lost his position last year as Board chairman of Access bank Plc because of the facility that he allegedly guaranteed Ifeanyi Uba and which Uba did not acknowledge.
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