Oyo State Governor Seyi Makinde has reaffirmed his administration’s plan to modernise business environments across the state, saying traders deserve safe, well-organised and government-regulated markets.
Makinde gave the assurance on Monday during the commissioning of the newly built Omituntun Ultramodern Market at Omi Adio in Ibadan. The governor was represented by Deputy Governor Bayo Lawal.
The market complex contains 406 lock-up shops and 56 open stalls, alongside an administrative building, security post, toilet facilities, walkways, and other infrastructure. The project becomes the fourth market delivered under Makinde’s government, following earlier developments in Oyo, Ibadan and Ogbomoso South.
Makinde explained that the new market is part of an ongoing drive to move traders away from roadways and congested corridors into safer and more organised commercial zones. He said the allocation process will adhere to a strict “one trader, one shop” policy, adding that traders displaced by construction works would be prioritised.
He noted that a management committee will oversee the market’s operations to prevent misuse, ensure maintenance and enforce security measures.
Officials, community heads hail the state government
Commissioner for Local Government and Chieftaincy Matters, Demola Ojo, commended the governor, describing the market as proof of the administration’s plan to improve business structures and community development. He highlighted the availability of water supply, sanitation systems, fire safety features, parking space, security provisions and waste management facilities.
The Asiwaju of Ido Local Government, Niyi Akintola, also praised the governor, saying the new facility complements ongoing development in the area, including industrial projects and road construction.
Ido Local Government Chairman, Sheriff Adeojo, said the project fulfils the government’s pledge to provide safe commercial spaces. He confirmed that traders operating along the roadside would be moved into the new market, which sits on 9,000 square metres of land donated by the Olomi Traditional Council. He urged traders to maintain the facility, describing it as a visible dividend of democracy.
