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Nigeria: Many feared dead, 67 cars razed in Lagos tanker explode

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It was black Thursday in Lagos yesterday, as a fully-loaded 33,000-litre fuel tanker exploded on Otedola Bridge along Lagos-Ibadan Expressway, killing many people and razing about 67 vehicles.

The tanker was heading out of Lagos towards the Lagos-Ibadan Expressway when the crash occurred, causing panic and fear.

The number of the people feared trapped in their cars and killed in the blaze is not ascertained yet at the time of filling this report, while many others sustained burns.

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The General Manager of the Lagos State Emergency Management Agency, Mr Adesina Tiamiyu, confirmed to newsmen that rescue officials have been able to retrieve nine bodies from the scene of the fire so far.

Eyewitnesses, however, said the death toll might be higher as many people were trapped in their cars with rescue officials still working at the scene.
The fuel-laden tanker lost control, fell over and exploded.

“I saw the tanker reversing and before we could know it, the tanker fell down and started burning,” a witness said a tricycle rider who was close to the tanker.

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Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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