The economic might of any given nation or society is always pinned down to its natural/material resources, as well as the human resources to harness these endowments for commercial gain. But then, it isn’t enough to possess these resources without a correlating distribution outlet that would ensure culmination of the production process. This is where markets come in as very vital ingredients in determining the economic strength of any given geographical milieu.
Within the Nigerian commercial landscape, a number of markets have over the years emerged as particular nerve centres for commerce and trade. Eko Hot Blog takes a look at the most boisterous and visited markets in Nigeria.
Onitsha Market (Anambra)
Onitsha main market is considered as West Africa’s commercial powerhouse. From imported second-hand clothing to jewelry to industrial equipment, Onitsha has it all in its expansive market, considered the biggest market in terms of item availability and land size.
2. Computer village (Ikeja, Lagos)
3. Balogun Market (Marina, Lagos)
Lagos Island Market or Balogun Market, is brimming items as well as people, visiting the market is one of the most stressful things to do. However, the energy is intoxicating and there are lots of things that can be bought there on a bargain: lace, ankara, fabrics, hair, etc.
4. Ladipo market (Mushin, Lagos)
Ladipo is the largest spare part market in Nigeria in terms of availability, because of the Lagos port. Electrical and mechanical spare parts of any kind, new and old, of any car brand is available here. This is where other vendors come to purchase parts.
5. Ariaria market (Aba, Abia)
Ariaria market is where majority of the “made in Aba” and “made in Nigeria” items are made. From shoes to bags, there is no product or brand replica that you want or are searching for that isn’t present here. Although the market has been tagged as selling replicas and inferior goods, there are also indigenous and quality products making their way into the market now.
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6. Bodija market (Ibadan, Oyo)
At Bodija, you can purchase wholesale or retail foodstuff of your choice. It has a wide variety of fresh and dried produce sold at cheap prices. People troop in to buy cattle and foodstuff.
7. Oil Mill market (Port Harcourt, Rivers)
Oil mill market is known for the crowd of people that troop in every Wednesday to buy everyday foodstuff. You can buy fresh produce at very cheap prices at this market.
8. Zaki biam yam market (Benue)
Benue, the food basket of the nation, is the home to the biggest yam market in Nigeria. Traders from all across the country come to Zaki biam to buy the high quality yams directly from the farmers at the market.
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9. Kasuwar kwari (Kano)
Kasuwar Kwari market in Kano has everything clothing and material. This is where people from all over Nigeria, and even west Africa, come to purchase quality handmade tie and dyed fabric at a cheap cost to go sell elsewhere.
10. Alaba International Market (Lagos)
Every Nigerian, at least once in their life, has heard of Alaba market where everything electronics and appliances are sold. This is also one of the biggest markets for Nollywood distribution.
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