Computer Village Relocation to Katangua: Impact on Vendors & Revenue Loss

The bustling streets of Computer Village in Ikeja, Lagos, have long been a beacon of technological innovation in Nigeria. From the latest gadgets to reliable repairs, this vibrant marketplace has been the go-to destination for tech enthusiasts and entrepreneurs alike.

However, the congested streets and lack of parking facilities have posed challenges for both the Lagos State Government and residents. In response, plans were announced in 2017 to relocate Computer Village to Katangua in the Abule-Egba axis of the city.

The new ICT market, known as the Katangua Information and Communications Technology Business Park, aims to provide infrastructure for the manufacturing of technology hardware and accelerate the development of technology solutions in Africa. Despite the initial excitement, the project has faced delays, with some traders expressing concerns about the impact on their businesses.

Vendors fear the potential loss of customers due to the distance of Katangua from central Lagos. They worry about the security and accessibility of the new location, as well as the heavy traffic along the route. Many feel that the relocation would be akin to starting their businesses from scratch, with uncertainties about customer retention and profitability.

In response to these concerns, the Lagos State Government has reiterated the need for the relocation, citing the residential nature of the current Computer Village location. The Special Adviser to the Governor on Electronic Geographic Information System and Urban Development, Dr. Olajide Babatunde, emphasized the importance of following the law and ensuring that the new location in Katangua will provide a conducive environment for business growth.

The government plans to gradually relocate residents and traders to Katangua, where they will have access to market stores, banking facilities, clinics, schools, and housing options. Consultations with market leaders are ongoing, with a focus on ensuring a smooth transition to the new location.

As the future of Computer Village hangs in the balance, the stakeholders involved must work together to ensure a successful relocation that benefits both the traders and the technological advancement of Nigeria. Only time will tell if Katangua will become the new hub of innovation in Lagos, or if Computer Village will retain its status as the heart of technology in Sub-Saharan Africa.

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