On Sunday, traders in the market alleged that the Lagos government did not give any prior notice before commencing the demolition.
According to him, government was taking proactive step and will demolish about 17 of the buildings which were not part of the 349 widely publicised for demolition.
Mr Hundeyin did not state who set the fire.
The cause of the fire and number of casualties are yet to be known.
The LP candidate is in Lagos to attend series of political activities and a campaign rally ahead of the forthcoming presidential elections on February 25.
The riot broke out after the traders resisted the Agberos’ illegal demand for money before they could transact their businesses in the market, Peoples Gazette learnt.
Mr Adeniran assured the traders that no effort would be spared at ensuring their registration for PVC.
“I have the right to hire and fire because it is my law firm,” Mr Agbasiere told The Gazette on Friday morning.
“The fact that people embrace second-hand clothing with all the health risks is borne out of the fact that it provides alternatives for them, it’s all about the economy.”
