Hundreds of traders locked up their shops at the Lagos International Trade Fair Complex on Thursday, shutting down one of West Africa’s largest commercial hubs to protest an alleged plan by state and local authorities to take over the market’s management.
The shutdown affected sections across the sprawling complex, including the ASPANDA Market, one of the largest automobile spare parts trading hubs in Lagos. By mid-morning, traders had gathered around parks and garages within the premises as discussions continued, leaving the complex eerily quiet.
“We are not against development, but we are concerned about the possible levies and taxes that may be introduced if the management structure changes,” said Emeka Onu, a trader at the complex.
What Traders Fear
The protest stems from reports that state and local government authorities are planning to assume control of the market’s management from federal hands. Traders insist the complex is a federal facility and should remain under federal oversight.
Many expressed fears that a change in management would lead to increased levies, new taxes, and arbitrary charges that could cripple their businesses. Some also complained about the lack of consultation before such a significant decision.
“We have not been carried along. Nobody asked us anything,” another trader said. “This market belongs to the federal government. They cannot just hand it over without talking to us.”
Minister Intervenes
Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, visited the complex during the day in an effort to de-escalate tensions and engage with traders.
Before beginning her tour, the minister urged that the gates of the complex be reopened to allow traders to conduct their businesses. She described her visit as an opportunity to interact with stakeholders and support the smooth conduct of commercial activities.
It was unclear whether her intervention would lead to an immediate reopening.
The Bigger Picture
The Lagos International Trade Fair Complex is one of Nigeria’s most important commercial assets, housing thousands of businesses and serving as a major hub for trade across West Africa. Any disruption to its operations has ripple effects far beyond the immediate vicinity.
Thursday’s shutdown is the latest in a series of disputes between traders and various levels of government over control of markets, levies, and the often opaque relationship between federal and state authorities.
For now, the gates remain locked. The traders are waiting. And the minister’s visit has yet to produce a resolution.
