Summary
In this research work, efforts were made in the exposition of Balogun Market from 1970's till date it focuses on the history of the market, highlighting on its origin, growth, development, and it is impacts on Balogun Market and Nigeria in general.
The research provided a brief history and the reconstruction of Balogun market. It dealt on the social, economic, and political impacts of Balogun market to the public. It also focuses on the history of the market as it serves as contact point for sellers and buyers of goods.
Balogun Market is famous and prominent in Lagos since at access by both indigenes and foreigners and the items is sold, are wholesale prices because of availability of items which attracts a lot of customers. From the establishment of Balogun market, it has contributed to the development of Lagos state.
Balogun market represents a centre of wealth creation for business institution which had given large measure of economic opportunity and social security to women, who form the bulk of the traders. The relevance of the market it is only for its role in the economic is a developing one, as such traders forms the bulk of the economic activity for most of the populace. The market underwent series of development such as construction roads, which a considerable extent, helped in the growth of the market.
