Traders Shut Lagos Trade Fair Complex Over Proposed Govt Takeover

Business activities at the Lagos International Trade Fair Complex were disrupted on Tuesday as traders shut down shops to protest a proposed takeover of the market’s management by state and local government authorities.

The traders expressed concerns that the planned arrangement could introduce new levies and taxes that may negatively affect their businesses.

Many insisted that the complex is a federal facility and called for broader consultations before any changes to its management structure are implemented.

The protest forced the closure of shops across the complex, with hundreds of traders gathering around parks and garages within the premises while discussions continued.

The ASPANDA Market, one of the largest spare parts markets in Lagos, was among the sections affected by the shutdown.

Eyewitnesses said traders began the protest early in the morning by locking their shops to draw attention to their concerns.

Meanwhile, the Minister of Industry, Trade and Investment, Jumoke Oduwole, visited the complex to engage traders and encourage the reopening of the market.

 She urged that the gates be opened, saying her visit was aimed at interacting with stakeholders and supporting the smooth conduct of business activities.