The truck driver was said to be conveying the petrol to a filling station in the area when he lost control of the vehicle due to the bad road.
It was learnt that the truck crashed and the tank fell to the ground, got ruptured and the petrol spilled on the road and into the drainage channel in the area.
Our correspondent gathered that a spark occurred as the petrol was spilling and the fire razed shops and buildings in the area.
Farinloye said, “A tanker laden with about 45,000 litres of PMS crashed, spilled its content and exploded around 7am at Olambe, Matogun Road, Ifo LGA, Ogun State.
“Though, no live was lost or anyone sustained injury but about 10 buildings were consumed in the incident.
“The situation was mitigated with most of the content spilling into the canal close to the scene, thereby saving the community from serious incident that could have affected people. The fire has been put out.”
Information reads: "Properties destroyed as tanker explodes at Ajayi Farm bus stop, along Matogun-Alagbole, Akute Road, Ogun state."
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