The Ogun State Government has urged displeased traders at the Olabisi Onabanjo International Market in Ijebu-Ode who objected to the rent review’s upward revision and other issues to respect and abide by the agreement reached with stakeholders regarding the rent review across the State-owned Markets while waiting for an amicable and long-lasting resolution of the problems.
The Government is working to resolve the problems amicably, according to a statement signed by the Commissioner for Industry, Trade, and Investment, Mrs. Kikelomo Longe.
” Work is ongoing to ensure the issues raised on the review of rent from N1,000 to N2,000 as well as other issues like the alleged non-proactiveness of Market Executives, inadequate security, and unchecked activities of miscreants are resolved as quickly as possible”.
It added that “while the government continues to serve the interest of traders and the good people of Ogun State, it is important for traders to allow peace to reign, respect constituted authority, and comply with arrangements made with stakeholders across Markets in the State”.
The government had to increase rates to address the challenges of insecurity and improve the market infrastructure, according to the statement.
It also stated that “according to the Ogun State Market Development Board, this review is long overdue as the old rates have been in existence since 2012″.
Trading at other markets had already complied with the agreed-upon review, according to the statement.
” Already, out of the five State-owned Markets, traders at the Oba Lipede Ultra Modern Market Kuto, Sagamu International Market, June 12 Market Panseke, and Yewa International Market Ajilete/Owode have been paying the new rates which were introduced after over ten (10) years”.