UAC Remains Mute on Cause of Fire, Says No Life Lost

January 25, 2019
UAC Remains Mute on Cause of Fire, Says No Life Lost

By Dipo Olowookere

The management of UAC of Nigeria Plc has confirmed that no human casualty was recorded in the unfortunate inferno that razed part of its head office in Lagos on Thursday.

Yesterday, fire gutted part of the massive building located in Marina, which destroyed some properties.

It took efforts of fire fighters and some neighbouring companies to put out the fire, which started on the 10th floor of the building.

In a statement signed by the Company Secretary/Legal Adviser, Mr Godwin Abimbola Samuel, UAC of Nigeria, a publicly quoted firm, however, did not state the cause of the inferno.

“UAC of Nigeria Plc wishes to inform the Nigerian Stock Exchange that there was an unfortunate fire incident at UAC House, Lagos, our corporate head office, which also houses the head office of our real estate subsidiary, UACN Property Development Company Plc and other tenants.

“The fire, which started on the 10th floor of the building occupied by our tenants, was contained after a while by the combined efforts of government fire service, those of neighbouring companies and our people.

“Thankfully, no life was lost in the incident, although a lot of damage was done to the furniture and fittings of the affected tenants.

“We have activated our disaster recovery programme and reported the incident to our insurers.

“We are cleaning the offices which were flooded in the process of putting out the fire and working on restoring the facilities,” the firm said.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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