Categories: News

Oyo govt debunks plans to close Gbagi market

The Oyo State Government has debunked rumours that the Bola Ige Market in the Gbagi area of Ibadan would be closed on Monday, August 25, 2025.

The Oyo State Commissioner for Investment, Trade, Cooperatives and Industry, Adeniyi Adebisi, in a statement issued on Sunday, described the report as unfounded.

Adebisi assured traders, shop owners, and members of the public that the market would remain open, dismissing the speculation as the handiwork of mischief-makers.

Adebisi described the rumours as false, baseless, and a deliberate attempt to cause unnecessary tension within the business community.

Fire razes residential building, shop in Oyo

The commissioner stressed that the market remained a major hub of commercial activities in Oyo State, adding that the government had no plans to shut it down.

He stated: “We urge traders and the public to disregard this misleading information being spread by unscrupulous elements whose aim is to disrupt peace and normal business operations.

“So normal activities will continue without any hindrance on Monday and beyond.”

Adebisi urged the public to ignore false information and rely solely on official statements from relevant authorities.

The Star

Segun Ojo

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