In a landmark decision, the Incorporated Trustees of Computer Village Market Traders and Stakeholders Joint Management have successfully obtained a court order against Chief Mrs. Folasade Tinubu Ojo. The court has issued a cease and desist letter, restricting her from further interference and alleged extortion activities within the Computer Village Market.
The letter, dated August 28, 2024, was formally drafted on behalf of the market’s stakeholders by Falana & Falana Chambers. It addresses multiple breaches of rights and interference in the market’s affairs, including the instigation of thugs and unauthorized collection of levies.
The stakeholders, comprising various associations such as the Phone and Allied Products Dealers Association of Nigeria (PAPDA), Computer and Allied Products Dealers of Nigeria, Computer Technician and Engineers Association of Nigeria (COMTEAN), Association of Computer Engineers and Technicians of Nigeria and Association of Computer Printers
Engineering of Lagos (ACPEL).
Others include the Association of Computers and Phones Accessories of Nigeria, the Laptop Batteries Dealers Association of Nigeria (LADAN), the Association of Mobile Communication Devices Engineers and Technicians (AMCODET), Security Gadget, Pre-Owned Phone Dealers Association of Nigeria (POP) and Ogunbiyi Community Development Association among many others.
They have expressed their determination to protect their interests and ensure fair business practices.
Despite a previous court order restraining Chief Mrs. Tinubu Ojo and her agents from collecting levies, the stakeholders allege continued meddling and disruption of lawful gatherings. The letter emphasizes that only authorized members of the market’s executive have the locus to intervene in its affairs.
This development comes amidst ongoing discussions about the potential relocation of the Computer Village Market by the Lagos State Government. The market, known as Africa’s largest gadget hub, faces an uncertain future as stakeholders and government officials navigate the complexities of urban development.
The stakeholders remain resolute in safeguarding the market’s operations and ensuring that their rights are upheld. This court order marks a significant step in their efforts to maintain the integrity and stability of the Computer Village Market.
