Modern market opens in Lagos




Traders and automobile spares dealers will next week resume their trading activities at the newly built Onitire International Modern Market, its developer, High Chief Innocent Obiechefu, has said.

He told reporters in Lagos yesterday that the market would be declared open officially by former Commissioner for the Environment, Dr Muiz Banire next Thursday to discourage street trading.

Obiechefu, who briefed reporters at the Obi Eziokwu Palace, Mushin, said with N3,500, a trader can get a space to do business for three months in a decent place.

He added: “With N15,000, a trader will also get an open space for one year and N7,500 for six months. There are lock-up shops for N350,000 and N250,000 per annum. Also, there are office apartments for N400,000 and half-a-million-naira respectively per apartment.

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“My desire to see traders to do their business in a decent environment pushed me into collaboration with Mushin Local Government in 1996. It gave me an approval to build the market. But chemical business took over and when traders at Volkswagen, along Badagry Road, relocated to Itire Garage, the shopping complex, spares’ dealers took over.”

He said the market was shut down last year by the state government, after which it called for reconstruction, adding that the market “now has parking space, toilet facilities and adequate security facilities.”

 

 

 

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