The fire, according to a resident of the area, began like smoke in one area of the market at about midnight before spreading to other parts.
Although the cause of the fire had not been determined, victims said inflammable substances kept in any part of the market may have been responsible.
One of the victims, Agu Igwe, said he received a phone call from a friend in the night that his shop was on fire.
Igwe, who could not control his tears while narrating the loss, cried out that his burnt shop was recently restocked.
Another trader said he took a loan from a local financial organization to buy goods.
The plastic and scrap material dealer lamented that the proceeds of his weekend sales which he kept in his shop, were burnt to ashes.
The victims appealed to the Abia State Government and good-spirited individuals for financial assistance.