With an 18-month deadline for relocation approaching, the Lagos State Government has announced a flexible payment plan to assist traders moving Computer Village to Katangowa in Agbado-Oke-Odo.
The announcement was made during a stakeholders’ meeting in Alausa, Ikeja, where officials reaffirmed that the long-awaited relocation would soon become a reality.
Arc. Gbolahan Oki, Permanent Secretary, Office of Urban Development, said the Sanwo-Olu administration is committed to completing the project after years of stalled efforts.
“The current site, originally a residential area, has been adversely affected by unplanned development,” Oki said. “Governor Sanwo-Olu has directed that the new market be built to international standards to ensure a seamless transition.”
He added that the 15-hectare Katangowa site will include trailer parks, hotels, banks, a police station, a fire station, and other community facilities.
In her response, the Iya Oloja of Computer Village, Abisola Azeez, welcomed the move, saying her earlier concerns had been addressed. “All my fears have been allayed. I urge the developer to adhere strictly to design specifications and timelines,” she said.
Azeez noted that the market recently began a biometric registration and enumeration exercise to sanitise operations, curb criminal activity, and restore investor confidence following recent security concerns.
Project developer Sam Ajose assured stakeholders that the flexible payment plan was designed to make the relocation easier for traders and business owners.
Oki called on all stakeholders to cooperate with the developer to ensure a smooth and orderly relocation process.