Awarded in year 2009, the market has 571 shops, including stalls for saw millers and electronic shops.
Unveiling the market on Tuesday in Oshodi, the governor said his administration would continue to work to make the lives of citizens better.
He declared that trading had been a foremost activity of the people and that over 50 percent of the economy of Lagos revolves around trading.
Fashola urged Lagosians to support government by utilizing the facilities in a manner that would achieve the goals of constructing the market, saying that appropriate facility managers would be appointed for the market to ensure that its maintenance was in top shape.
He also disclosed that traders displaced from the railway lines and road median would benefit first, adding that 374 of them had been given shops in the new market.
The governor, while assuring the traders of adequate security with the installation of CCTV cameras, urged them to be watchdogs over those who do not secure appropriate trade permits.
He enjoined people to desist from erecting illegal structures inside the market while asking the local governments to assist the state in ensuring that people get the necessary permit before erecting structures.
Fashola said his administration was still undertaking the reconstruction of some roads in Oshodi, noting that the main Oshodi Road had been awarded and that the contractor would soon move to site, stating that the state government would also consider the local government when it plans to award new road contracts.
Commissioner for Works and Infrastructure, Dr. Kadri Hamzat stated that the reconstruction of the market was important for the economy of Lagos and social development, likewise discouraging street trading.
Apart from the 64 CCTVs, he disclosed that the market is also equipped with firefighting equipment, 22 toilets, two standby generators and a borehole, adding that the provision of the market by the government was another signature of the government to develop every sphere of the state.
Source ; PM News .