The wife of the Lagos State Governor,
Mrs. Bolanle Ambode, on Friday inaugurated the N1.876bn new Alade
Market, urging the traders not to give room for illegal occupants to
turn the market into a slum.
The new market, which was built by
Master Reality International Concept Limited, has 504 shops, 20 toilets,
350 KVA and 150 KVA generators and three boreholes to provide water.
Traders in the old Alade Market were relocated to the new market.
Ambode said, “It is very important for
you to note that this complex is a market and the shops are allocated to
you to keep and sell your goods. They are shops and not residential
apartments. Please, do not convert them to living quarters.”
The Sole Administrator, Ikeja Local
Government Area, Abiodun Taiwo, said the new Alade Market was a dream
come true, adding that since the traders from the old market had been
relocated to the new one, the old market would be developed into a mega
shopping mall befitting the mega city status of Lagos.
The Chief Executive Officer of Master
Reality International Concept Limited, Lai Omotola, said, “We can say
the relocation was successful because it was peaceful and traders were
allowed to move all their belongings before the old market was shut down.
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