Apart from the sales of electronic products, the market also deals in the repair of home appliances.
[1] The market and its wide range of business activities give opportunities to electronics and electrical engineers who specialized in the repair of faulty home appliances to transact businesses with electronics dealers.
These daily business transactions and popularity have attracted new investors and electronics dealers across Africa, thereby expanding the market size and population with significant effects on the economy of Lagos State.
[5] The market is characterized by huge numbers of sellers and buyers with willingness to buy the products at a certain price based on their need and income, enhancing long term adjustments to changing in the market conditions.
[6] In June 2023, it was announced that a number of structurally defective buildings would be demolished.