The newly reconstructed Alade Ultra-Modern Market in Somolu LGA of Lagos State has been reopened by the Iyaloja-General of Nigeria, Mrs Folasade Tinubu-Ojo, on Thursday, 15th Aug, following its destruction and closure during the EndSARS protest in 2020.
The Iyaloja-General said the market was reconstruction with the aim of promoting the commercial activities in the area.
“The reopening of the market will restore trading activities at Alade Market, after years of disruption caused by the destruction of the former facility,” she said.
The market leader disclosed that the market which houses 204 shops, 112 kiosks, 30 toilets and 18 abattoir shops, among other facilities was reconstructed under a Public Private Partnership (PPP) agreement to revitalise it to serve its purpose as a commercial hub.
She also revealed an installmental payment plan for traders to pay for shops, adding that he traders that owned shops in the old market were considered first.
Tinubu-Ojo commended the government for the well done job, urging traders to protect the new facility
“The government has done wonderfully well by helping us to rebuild our dilapidated structure.
“Now, we are given a brand-new structure. Please, let it remain new and keep to all the environmental regulations.” She said.
Meanwhile, the Chairman of Somolu Local Government, Mr Lateef Ashimi, said the project is expected to promote grassroots economic development and enhance the community’s commercial activities.
He added that the council had a responsibility to provide and maintain markets to promote economic activities within the community while appealing to traders to be responsible for the facility by keeping tidy and abiding by safety regulations.
The Iyaloja-General of Somolu LGA, Mrs Modupeola Olufojude, commented at the event, urging traders to maintain the new facility.
Ganiyyah Fashina