Sanwo-Olu Inaugurates Market Advisory Council
By Mohammed Adekola
Lagos State Governor, Babajide Sanwo-Olu, yesterday Monday, June 23rd, inaugurates Lagos State Market Advisory Council (LASMAC), urging the body to work diligently to improve market operations, enhance security, promote fair trade, and create an environment where businesses can flourish.
Governor Sanwo-Olu gave the charge while speaking during the swearing-in of the 21-member body led by the Iyaloja-General, Chief (Mrs) Folashade Tinubu-Ojo, at Lagos House, Ikeja, even as he equally urged the newly inaugurated Council to be proactive, transparent, and inclusive in its approach.
Sanwo-Olu urged traders to shun sharp practices during business transactions, assuring that his administration is fully committed to support traders through thoughtful policies, infrastructure improvements, and initiatives that build capacity.
Sanwo-Olu added that the Council will play a crucial role in managing and developing markets, noting that such roles were not just essential to the economy of Lagos State but also the very heart of the communities.
“Our markets are more than just places to buy and sell; they are lively hubs of culture, innovation, and social connection. They support the livelihoods of millions of Lagosians and play a vital role in the economic growth of the state. With this in mind, this administration made it a priority to focus on the development, security, and sustainability of our markets.
Sanwo-Olu expressed the hope to see markets in the state develop as true reflections of the vibrant, resilient, and entrepreneurial spirit of Lagos.”
The State Commissioner for Local Government, Chieftaincy Affairs and Rural Development, Mr Bolaji Robert, said the swearing in of new LASMAC members was another great stride by the Governor Sanwo-Olu administration in ensuring continuous growth of the economy and fostering development of various markets in Lagos State.
Chairman of Lagos State Market Advisory Council, Chief Tinubu-Ojo, in her vote of assurance, commends the state government for its support for traders, pledging that members saddled with the responsibility of mediating between government and traders would deliver on their mandate.
