Gov. Fashola opens rebuilt Oyingbo Market

Governor Babatunde Fashola of Lagos State has said that with the opening of the new ultra-modern Oyingbo Market, which cost over N1bn, he has fulfilled his promise to the people of the area.
According to reports, the market which had been in existence since the 1920s, was demolished after it was gutted by fire about 24 years ago. The traders later rebuilt the structures with wood.

However, Fashola said he promised the people during his campaign in 2007 to rebuild the market, the contract for the new market was awarded in 2009 with a completion period of 60 weeks, and
with the Lagos Ministry of Works supervising the project.
Fashola, during the inauguration the newly-built market on Sunday said, "I made a promise to rebuild the market in 2007 during my campaign for governorship. By the event of today, I have fulfilled my promise.
"Out of the 633 open shops in the new market, 618 of them will be allocated to the original owners displaced when the market got burnt and had to be rebuilt.
"With this development, the state government expects that roadside trading will come to an end in Oyingbo as you can now use the market for business."
Also speaking, the Commissioner for Works and Infrastructure, Dr. Kadri Hamzat, said, "The effort to rebuild Oyingbo Market commenced with the Lagos Mainland Local Government Area's plan of a N100m reconstruction."
He added that although the project was not successful as the money could not deliver a first class market, Fashola later stepped in and built a market that had all the trappings of an international market.
Hamzat said, "The market comprises four floor, a car park that can take 150 cars, 622 lock up shops type one and 102 lock up shops type two; industrial borehole, water treatment plant, 48 open office, generator house, six gate houses, three cold rooms, sewage treatment plant, 1,000KVA transformers, closed-circuit monitor and 134 toilets."