The Oyo State Government has officially handed over 88 newly reconstructed shops to traders whose businesses were destroyed in a fire at Alesinloye Market in Ibadan.
The ceremony took place on Wednesday, November 11, 2026. Ibadan South-West Local Government Chairman Kehinde Adeyemi Akande performed the handover on behalf of Governor Seyi Makinde.
The fire broke out in the early hours of March 11, 2026, in the market’s plastic and rubber section. It destroyed multiple shops and goods valued at millions of naira.Akande said the reconstruction fulfilled a pledge the governor made when he visited the market after the blaze.
The shops were rebuilt and returned to the affected traders at no cost.He noted that the redesigned section is now better organised, with improved access roads that make it safer and easier to navigate. To help prevent another incident, the government is reconstructing the market’s fire station and has permanently stationed local government safety officers to enforce regulations.
The state earlier gave each affected trader ₦250,000 as immediate relief. Akande recalled that after visits by state and local officials, including the deputy governor, Makinde approved the payments to ease the traders’ losses.Former House of Representatives member Saheed Akinade-Fijabi described the handover as proof that the governor keeps his promises.
He said the 88 shops match the exact number of traders on the verified list compiled after the fire and urged beneficiaries to maintain the facilities responsibly.Speaking for the traders, Alhaja Taiwo Sekinat Bisola, representing the Babaloja of Alesinloye Market, thanked the government. She called the intervention a major relief that has restored livelihoods and appealed to recipients to care for the shops and follow safety rules.
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