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A version of the account had it that truck drivers who usually queued along the major road waiting for their turn to load petroleum products from tank farms in the axis, blocked entrance into companies, including banks, at about 10 a.m.

Pandemonium broke out yesterday at Creek Road in Apapa, Lagos when dozens of tanker drivers went on rampage over the killing of one of their colleagues by a police officer attached to a branch of Diamond Bank.

Angered by the incident, the mob, most of which were said to be the driver's colleagues, reportedly set the bank on fire and also the nearby bank building when they learned that the policeman was hiding there.

Reacting to the arson, Sterling Bank said the mobile policeman ran into it premises to avoid being mobbed, urging customers at the branch to patronage nearby branches.

Korodo made the denial against reports that some tanker drivers were shot dead during a fracas involving some policemen during which two banks were set ablaze.

Olarinde Famous, spokesperson of the Lagos State Police Command, who confirmed the incident, said the trigger-happy mobile policeman had been arrested.

Male said three tanker drivers were shot dead.

"We were not the ones that set the banks ablaze, hoodlums did". A shipping company beside Diamond bank, Bollore Shipping was not spared as its front glasses were also smashed by the angry truck drivers. On the bank's refusal to hearken to them, the angry youths then set the bank ablaze, destroying properties and other valuables.

The Sterling bank beside it also caught fire.

This is even as irate truckers burnt Diamond bank and Sterling bank, both located at Creek road in the ensuing concussion.

The policemen who were attached to the bank at first approached them to give access to the bank's customers to come in and carry out their financial activities.

A senior police officer who was ground said: "Those tanker drivers are very irrational".

Police say calm has been restored in the area. The branch has been temporarily shut down. "He ran into the premises of the bank to escape being lynched", the statement read. While the situation is under control, we are working with the Nigeria Police Force and other law enforcement agencies to investigate actions leading to the fire incident.