Civic group raises alarm over Lagos market redevelopment
A civic group, De Renaissance Patriots Foundation, has voiced concerns about the displacement of traditional traders during the redevelopment of markets in Lagos State. Led by Miftah Are, the group highlights that many long-standing open markets are being demolished and replaced with expensive multi-storey complexes. According to the group, these changes are making it difficult for traditional traders to afford rents, forcing some into informal street trading. The foundation emphasizes the importance of balancing modernization with the preservation of Lagos’ commercial heritage.
What happened
- De Renaissance Patriots Foundation criticized the demolition of historic open markets across Lagos Island, the Mainland, Badagry, Ikorodu, and Epe.
- The group said new multi-storey complexes have high rents and service charges, pricing out traditional traders.
- Many redeveloped markets remain partially unoccupied, with displaced traders resorting to informal trading nearby.
- The foundation traced Lagos’ trading history and described old markets as vital centers for entrepreneurship and community culture.
- The group urged authorities to consult traders, ensure affordable rates, and include open-air sections in redevelopment plans to protect grassroots economic structures.
