Operations at the Lagos International Trade Fair Complex were disrupted on Wednesday after traders shut their shops in protest against a proposed management takeover by state and local government authorities.

The traders expressed concerns that the move could result in the introduction of new levies, taxes, or regulations that may adversely affect their businesses. They maintained that the complex is a federal government facility and called for broader consultations before any changes to its management structure are implemented.

The protest led to a widespread shutdown across the market, with hundreds of traders gathering in open areas and parking lots within the complex to deliberate on the development.

The Auto Spare Parts and Machinery Dealers Association (ASPANDA) Market, one of Lagos’ largest hubs for spare parts trading located within the complex, was particularly affected.

Eyewitnesses said the demonstration began early in the morning, with traders locking up their stalls to draw attention to their concerns.

“We are not against development, but we are worried about the possible levies and taxes that may be imposed if the management structure changes,” said Emeka Onu, a trader at the complex.

In response to the disruption, Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, visited the complex to engage with traders and other stakeholders and encourage them to resume normal business activities.

Before touring the market, the minister called for the gates of the complex to be reopened, noting that her visit was aimed at interacting with traders and supporting the smooth operation of commercial activities within the facility.