Group Managing Director of Meristem Securities Limited, Mr. Wole Abegunde, stated that the fire incident which occurred at approximately 6:10am on Monday, 25th February, at one of their offices in Ikoyi, Lagos was a mild one.

According to him, “upon the fire outbreak, our emergency procedures were immediately activated by our safety and occupational health personnel at the scene. The Fire department authorities and LASEMA officials were notified and together, the fire was put out before any significant damage was done.”

He explained that as at the time of this report, the fire department asserted that the fire incident was due to a power surge, which affected one of the office’s air conditioning equipment, causing the fire to start.

“We want to officially state that there was no loss of lives, no significant damage to property and this incident in no way disrupts our normal business activities, he stated, adding that all business activities have been restored.

“We appreciate the members of the public, the Lagos State Government and the Lagos State fire services, for helping us avert this situation. We assure the public that we are still committed to growing wealth for them as always,” he added.

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