Oyo State has cut down the rent paid by traders at the Ibadan Scout Camp Neighborhood Market.
The traders are now to pay N40,000 as against N62,000 for locked-up shops while the open stall was cut from N16,000 to N8,000.
The action, according to the commissioner for trade, industry, investment and cooperatives, Adeniyi Adebisi was premised on the promise of the state governor, Seyi Makinde to reduce the cost of using government-owned shops by traders and market women.
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Adebisi disclosed this while on a visit to the Scout Camp Market in Ibadan South East local government, at the weekend, calling on the traders still displaying their wares by the roadside to desist in order to avert accidents as well as allow for free flow of traffic around the area.
He added that the need for the traders to vacate the roadside was also part of the reason decision to cut rent on the locked-up shops and the open stalls, as some of the traders complained that the rent was not affordable by them.
The commissioner promised that the basic amenities craved by the traders in the market would be provided, saying “the present government has seen the rigours you go through to survive in this economy, we knew how much the past government has imposed on you and why some would decide to use the roadside to display their wares, even against warning on the apparent danger posed by such act.
