State Governor of the Centre of Excellence (Lagos), Babajide Sanwo-Olu, has inaugurated the newly constituted Lagos State Market Advisory Council (LASMAC), reaffirming his administration’s focus on improving conditions across markets in the state.
The governor emphasized the central role markets play in the daily lives of residents and the broader economy, noting that millions of Lagosians rely on trading for their livelihood.
He stressed the need to ensure that markets are secure, orderly, and better managed to support both traders and consumers.
Presided over by the Iyaloja-General of Lagos, Chief (Mrs) Folashade Tinubu-Ojo, the council comprises individuals drawn from various sectors involved in market operations.
Governor Sanwo-Olu urged the council members to approach their duties with a sense of responsibility, fairness, and transparency while keeping the interests of both sellers and buyers in mind.
“We want our markets to be safe, clean, and well-run, places where businesses can thrive and customers can shop with confidence. We are supporting that goal with better infrastructure, smarter policies, and training that helps traders build stronger businesses,” he said.
To support this goal, the state government is investing in improved facilities, reviewing market-related policies, and offering training opportunities aimed at helping traders run more successful businesses.
The governor expressed confidence in LASMAC’s ability to contribute meaningfully to the improvement of market life in Lagos, calling on the team to work closely with relevant stakeholders to achieve measurable results.