In a bold move to transform the urban landscape of Lagos Island, the Lagos State Government has taken control of Pelewura Market, paving the way for a modernized and revitalized trading hub.
According to Jubril Gawat, Senior Special Assistant to the State Governor on New Media, “The Lagos State Government, through the Urban Development Office and the Lagos Building Control Agency (LABCA), has taken over Pelewura. Compensation payments are currently underway.”
This strategic takeover is a significant step towards enhancing the market’s infrastructure, ensuring it meets the needs of traders and customers alike.
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The government’s commitment to compensating affected stakeholders demonstrates a dedication to supporting those impacted by the development.
As the government embarks on this urban development project, the people of Lagos Island can expect a revamped market that showcases the state’s commitment to progress and innovation.
The takeover of Pelewura Market marks the beginning of an exciting new chapter in the island’s history, one that will bring benefits to traders, residents, and visitors alike.