The Lagos State Government has stated that the plan to redevelop Oshodi, which will see the area transformed into a world class Central Business District (CBD), is on course as work has already commenced on the Oshodi Transport Interchange project site.

The Commissioner for Physical Planning and Urban Development, Tpl. Anifowose Abiola, who disclosed this in his Office at the Secretariat, Alausa said that when completed the project would have international standard facilities such as Bus Terminals, Shopping/Business Malls, Local Bus Interchange, Theme Parks, Car Parks and other facilities that would enhance the status of Lagos as a Mega City.

According to him, “The Oshodi Transport Interchange Project has commenced and upon completion, the project would be of immense benefit to all Lagosians, especially major stakeholders including traders, commuters, transport unions, transport operators as well as shop owners.”

While urging all those affected by the project to support the State Government’s effort as well as embrace the plan, Anifowose noted that the redevelopment will drive commerce and investment into Oshodi.

“The impact of what government is doing for the traders may not be immediately appreciated. But I want them to be rest assured that upon completion, they would realise that the value of their businesses and socio-economic activities would have improved tremendously,” he said.

Meanwhile, the State government has commenced the payment of compensation to traders who were in one way or the other affected by the ongoing project at the Mosafejo market.

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