In a momentous event on Wednesday, Lagos State Governor, Babajide Olusola Sanwo-Olu, through his Deputy Dr. Kadri Obafemi Hamzat, officially inaugurated the Sabo ultra modern market.
Encouraging all business transactions within the market, the governor emphasized the need to safeguard this newly unveiled establishment for the benefit of future generations.
The governor lauded the Sabo market as a symbol of progress and resilience, highlighting its significance in shaping community destinies through collaborative efforts.
With a rich history spanning seventy years, the market has evolved to become a pivotal force in driving commercial activities within the Yaba area and its surroundings.
The establishment of Sabo Market addressed the demand for a more accessible market, providing Yaba residents with a convenient hub for daily purchases and commercial ventures, effectively complementing the renowned Oyingbo Market.
As part of the redevelopment journey spanning three phases, the market’s transformation aligns with urbanization dynamics driven by a growing population.
Governor Sanwo-Olu stressed the importance of environmental sanitation in preserving the remodeled structure, emphasizing its impact on collective health and well-being.
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Dr. Kayode Omiyale, Chairman of Yaba Local Council Development Area (LCDA), underscored the market’s significance as a viable alternative to the popular Tejuosho Market. He assured that existing market users were given priority during the reconstruction process, with considerations given to allocation costs and credit facilities.
Ensuring order and sanitation around the market, Omiyale mentioned the local government’s commitment to prohibiting street trading along the market corridor.
Dr. Chris Onyekachi, Managing Director of Total Value Integrated Services Limited, detailed the features of the 13,000 square meters facility, which comprises 373 lock-up shops, 80 suites, and 111 key clamps. He highlighted provisions for open spaces to accommodate those unable to purchase shops, offering a designated area for showcasing their wares.
The upgraded facility boasts amenities such as a car park, modern toilets, a mobile health center, and banking facilities. Onyekachi expressed confidence in increased sales for shop owners, citing the ample parking spaces that now facilitate a more comfortable shopping experience.
The market’s evolution stands as a testament to collaborative community efforts, promising a vibrant hub for commercial activities and community engagement.
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