The Oyo State Government has debunked allegations that it had replaced the car park at Bola Ige International Business Complex, popularly known as Gbagi Market, with new shops and extorted money from unsuspecting traders overnight.

This was made known in a statement by the state Commissioner for Investment, Trade, Cooperatives and Industry, Adeniyi Adebisi,

Adebisi explained that the Gbagi market redevelopment effort is being spearheaded in phases by the State Government, under the supervision of the ministry, in close partnership with the market leadership and representatives of zonal traders’ associations.

The commissioner said the portion of land being referred to was not an official car park but an underutilised area, prone to illegal vending and security risks.

He said following broad consultation with stakeholders, it was approved for formal stall development to promote orderliness and improve access and safety within the market environment.

Adebisi reiterated that no trader would be unjustly displaced, and the project will be executed in line with the master plan agreed upon with all key market stakeholders.

He, therefore, urged members of the public, particularly media outlets, to verify facts before spreading reports capable of inciting public unrest or misleading residents.

The commission also encouraged market leaders and traders to channel concerns or inquiries to the Market Support Desk at the ministry or reach out directly to the designated liaison officers.