Lagos Governor Babajide Sanwo-Olu has donated N100m to traders in the burnt Akere Motor Parts and Allied Dealers Association (AMPADA) in Ajegunle.
He also laid the foundation for a new two-story market building.
Sanwo-Olu, who visited the burnt site, said the efforts were to help alleviate the plight of the traders who lost goods and cash in the fire.