Fire Engulfs Akere Spare Parts Market In Lagos

By Adedapo Adesanya

***Constructed By Total Value Integrated Services

The Governor of Lagos State, Mr Babajide Sanwo-Olu, recently commissioned the third phase of the Ikosi International Model Market and the Ikosi International Fruits Market Phase 2, delivering on a promise made to the people of the community.

The Governor speaking at the commissioning, which was held amid fanfare and jubilation on Thursday, May 25, stated that commercial activities in markets have had a great impact on the state’s economy.

He added that building a befitting environment for traders remained a noble initiative to drive grassroots democracy and socio-economic growth.

The Governor said, “I commend the vision and leadership which facilitated the delivery of these two ultra-modern markets befitting the status of our state and resonate with the vision of a Greater Lagos.

“The impact the markets have had on the economy of Lagos is invaluable, as they serve as focal points of economic activities in the State. These are the real examples of initiatives of grassroots democracy and socio-economic growth.”

On his part, Mr Chris Onyekachi, the Managing Director (MD) of Total Value Integrated Services, a conglomerate involved in real estate development, construction, and civil engineering contracting works and the brain behind the construction of the ultra-modern markets with structures named after notable personalities including the Lagos State Deputy Governor, Mr Obafemi Hamzat, Mr Busura Alebiosu, Mr Mudashiru Obasa, et al. revealed that it wasn’t easy building a market of the magnitude of the third phase of the Ikosi International Model Market and the Ikosi International Fruits Market Phase 2.

He revealed that the journey to where the market is today began almost two and half years ago when his company came to reconstruct the market, which started from phase one to the third phase.

He said, “It wasn’t an easy journey because convincing market traders that we had good plans for them wasn’t an easy one. In their minds, they thought we wanted to chase them away. Some people felt that we wanted to use the place to build an estate, but we were lucky to have the leaders in the environment intervene. To the glory of God, we completed the first phase, we allocated it, then we started the second phase, and we also completed and allocated that. This is the third phase, and to the glory of God, we are here today. I thank God for His grace and mercy.”

Stating that the shops are affordable, Mr Onyekachi said that Total Value Integrated Services has a timeline for payment for those who can’t afford to finish their payment once, noting that once 60 per cent of the first deposit is paid, the remaining balance can be spread as agreed.

“We have our management team that is going to be on the ground to manage all the facilities here. I can assure you that in the next 10 years, whatever you have seen today is going to be in the same condition because we are going to manage them properly. Everything is properly designed, the landscape included. You can see our car parks. We have about 500 car parks here, and it makes it convenient for every person that is coming to buy and trade.

“We have a 300 KVA generator, a fire hydrant in case of fire; definitely we don’t pray for that, but we have made provision. All of the shops will be metered; we also have our security house here. We have six mobile policemen that are going to be here day and night, and we also have members of the Odua Peoples Congress (OPC)/that are also going to be here to provide security.”

Adding her voice to the narrative, the chairman, Ikosi-Isheri LCDA, Mrs Bada, noted that the markets were built in the quest to improve the standard of trading and to serve as an alternative to the existing markets.

“The markets were built in phases. The first phase was commissioned last year by Mr Governor, which consisted of key-clamp shops (fruit section) where all old occupants and fruit-market shop owners were conveniently relocated, with more than 3,000 units of spacious key clamps.

“Today, I am delighted that the second phase has been completed and is being commissioned by Mr Governor and will be allocated to old users,” she concluded.

The event attracted several notable personalities, including the Chairman of Ikosi-Isheri LCDA, Mrs Samiat Bada; Commissioner for Wealth Creation, Mrs Rabiat Arobieke; Special Adviser to the Governor on Works and Infrastructure, and Mr Aramide Adeyoye, among others.


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