The incident occurred at a feed mill factory located at Podo area of Ibadan.
The incident occurred on Monday, and the fire affected a prefabricated building being used as a store at the factory, with items worth millions of naira destroyed.
Chairman, Oyo State Fire Service, Maroof Akinwande, who confirmed the incident, said that no life was lost.
Akinwande in a statement made available to DAILY POST on Monday said, “On arrival, it was discovered that a prefabricated building being used as a store had been severely affected by the fire. The fire was successfully brought under control and restricted from spreading to other buildings and facilities.