Table of Contents
The Lagos State Government, in collaboration with the developer responsible for relocating Computer Village from Ikeja to Katangowa in Agbado-Oke-Odo, has introduced a flexible payment plan to assist traders during the transition.
This plan was announced at a stakeholders’ meeting held in Alausa, Ikeja, where officials reiterated the government’s commitment to finally executing the long-awaited relocation of Africa’s largest ICT market.
As a reminder, in September, the state government issued an 18-month notice to traders to relocate to the new site at Katangowa.
During the event, the Permanent Secretary of the Office of Urban Development, Arc. Gbolahan Oki, stated that Governor Babajide Sanwo-Olu’s administration is dedicated to completing the project and addressing the longstanding relocation issues.
Oki noted that the current Computer Village site, which was originally a residential area, has faced unplanned expansion and congestion, displacing residents and putting pressure on local infrastructure.
He further explained that the new Katangowa complex would be developed according to international standards, featuring modern amenities to facilitate a smooth transition for traders.
“The government will provide a 15-hectare market site fully equipped with facilities such as trailer parks, hotels, banks, a police station, a fire station, and other community services,” he said.
Oki encouraged stakeholders to work collaboratively with the developer to ensure a structured and transparent relocation process.
The project developer, Sam Ajose, also assured stakeholders that the flexible payment plan was designed to make the transition affordable and convenient for traders and business owners.
In response to the developments, the Iya Oloja of Computer Village, Mrs. Abisola Azeez, expressed her satisfaction with the arrangements, noting that her previous concerns had been addressed.
“All my worries have been alleviated. I encourage the developer to adhere to the approved design and project timelines to guarantee a successful relocation,” she stated.
Earlier this year, the leadership of Computer Village initiated a biometric registration and enumeration drive to improve market conditions, enhance security, and restore investor confidence.
Azeez described this initiative as part of a larger rebranding strategy to tackle issues like phone theft, fraudulent technicians, and the sale of counterfeit products.
She revealed that this exercise followed a recent security incident that nearly resulted in a market shutdown by the Lagos State Task Force, adding that timely intervention by market leaders prevented the closure.
According to the new market regulations, only registered vendors with visible identification cards will be permitted to trade. Additionally, approved street displays will be limited to plastic chairs, show glasses, and umbrellas, while the use of wooden structures and open flames will be banned to reduce fire hazards.
FAQ
What is the flexible payment plan introduced by the Lagos State Government?
The flexible payment plan is designed to assist traders during the relocation process to the new site at Katangowa, making the move more affordable and convenient.
What facilities will be available at the new Katangowa complex?
The new complex will include a 15-hectare market site equipped with facilities such as trailer parks, hotels, banks, a police station, a fire station, and other community amenities.
What are the new market regulations for vendors?
Under the new regulations, only registered vendors with visible identification cards will be allowed to trade. Approved street displays will be limited, and the use of wooden structures and open flames is prohibited to minimize fire hazards.
