Historical Analysis of the Growth and Development of the Trade in Old Motor Spare Parts, Ipata Oloje, Ilorin, 1980-2020
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Date
2024
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Jalingo Historical Review, Published by Department of History and Diplomatic Studies, Taraba State University, Jalingo, Nigeria
Abstract
The desire to consume and enjoy a variety of goods and services within people’s income was a prime factor behind the establishment of trade in used commodities. Selling and buying of second-hand commodities are not new to the Nigerian market system but it is called different names such as second-hand, tokunbo, akube, bosikoro, aganmu, bend-down select, okrika and fairly used amongst others in the markets. This article presents a comprehensive historical analysis of the trade in old motor spare parts at Ipata, Ilorin, from 1980 to 2020. Using oral interviews, secondary source and observations, the author traced the origin and growth of the trade, from its humble beginning to its current status as a thriving old motor spare parts hub in Ilorin in particular and Kwara State as a whole. The study examined the factors that led to the establishment of the trade and its growth, which included the entrepreneurial zeal of the founders of the trade and the role of the Ilorin West Local Government. The author highlighted the transformative impact of the trade on the local economy of Ilorin community such as the creation of employment opportunities, the generation of revenue and environmental sanitation, amongst others. The study is a valuable resource for scholars, policymakers, and entrepreneurs who have interest in understanding the dynamics of informal trade in Nigeria and the ways in which entrepreneurial innovation can drive economic growth and development.
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Keywords
Old Motors Spare Parts, Ipata OLoje, Ilorin, Trade, Growth
Citation
Adeshina, L. (2024): Historical Analysis of the Growth and Development of the Trade in Old Motor Spare Parts, Ipata Oloje, Ilorin, 1980-2020. Jalingo Historical Review. 9 (1&2); 274-285. Published by Department of History and Diplomatic Studies, Taraba State University, Jalingo, Nigeria