Commercial activities at the Lagos International Trade Fair Complex were brought to a halt as traders shut down shops and stalls in protest against a proposed plan to transfer the facility’s management to state and local government authorities.
The protest disrupted normal business operations across the sprawling trade hub, with hundreds of traders gathering around parks and garages within the complex while discussions continued over the proposed changes.
Traders expressed concern that the planned arrangement could introduce new levies and taxes that may negatively affect their businesses. Many insisted that the complex remains a federal facility and called for broader consultations with stakeholders before any restructuring of its management framework.
One of the major sections affected by the shutdown was the Auto Spare Parts and Machinery Dealers Association (ASPANDA) Market, one of the largest auto spare parts markets in Lagos.
Eyewitnesses said the protest began early in the morning, with traders deliberately locking their shops and stalls to draw attention to their concerns.
“We are not against development, but we are worried about possible levies and taxes that may come with a change in management structure,” said a trader, Emeka Onu.
Amid the standoff, the Minister of Industry, Trade and Investment, Jumoke Oduwole, visited the complex to engage traders and encourage the reopening of the market.
Before beginning her tour of the facility, the minister urged that the gates of the complex be opened, explaining that her visit was aimed at dialogue with stakeholders and ensuring the smooth continuation of business activities.
ELIJAH ADEYEMI
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