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Lagos State Takes Over Katangua Market, Terminates Contract With Agent



The Lagos State Government has announced the termination of the agreement between them and Messers Bridgeways Global Projects Limited over the much-published Kantagua Market. It would be recalled that the Lagos Government has planned the movement of the Computer Village from Ikeja to Kantagua.

The timeline for the planned movement was truncated two years ago with the termination of the Concessionaire, who, The Nation learned, did not keep to the terms of the contract and continued to forcefully collect tolls and other spurious fees from the few traders located there.

The market was designed as an IT hub with state-of-the-art buildings and other infrastructure befitting the status of the market.

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Recently, the government beamed its searchlight on the much- touted ICT International market in Katagua and sacked the Concessionaire, on the ground that it deviated from the contract.

Special Adviser to Governor Sanwo-Olu on E-GIS and Planning matters, Dr Olajide Babatunde over the weekend said the government has taken over the market and would build it to International standards with Hotels and other infrastructure that befits an lCT hub.

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