Balogun Market In Lagos
Multi-billions of naira will be lost in Lagos in the next seven days, as major markets in the state will be shutdown totally on Thursday to halt the spread of Coronavirus.
Governor Babajide Sanwo-Olu had on Tuesday announced total shutdown of all non-food markets in the state in a bid to arrest spread of rampaging Coronavirus.
As at Wednesday, Lagos has recorded 30 of the 46 Coronavirus cases in Nigeria, making it the hottest zone for the spread of the disease in Nigeria.
Markets to be affected by the Governor’s order are the popular Computer Village, with volume transactions running into billions of naira on daily basis and Balogun Market on Lagos Island, one of the biggest clothes market in Nigeria, with a daily turnover of billions of naira.
Also affected is Alaba International Market, the home of electronics in Nigeria, with daily transactions running into billions of naira.
The popular Ladipo Auto Spare Parts market, the biggest in Nigeria is also affected. The market has a daily turnover of billions of naira.
More so, part of the popular Tejuosho Market in Yaba will be affected. Major part of the market is devoted to non-selling of food items. Daily transaction in the market runs into multi-million naira.