Markets in Ibadan to Shut Down for Olubadan Coronation

Ibadan, the historic capital of Oyo State, is set to witness a momentous event as Oba Rasheed Adewolu Ladoja ascends the throne as the 44th Olubadan of Ibadanland. In recognition of this significant occasion, the Babaloja General of Oyo State, Asiwaju Yekeen Abass, has announced that markets across Ibadan will shut down on the day of the coronation. The decision is aimed at showing respect to the new monarch and enabling traders to participate in the festivities.

This announcement highlights the deep-rooted traditions and unity within Ibadanland, as market leaders and traders join hands to celebrate their royal father.

The Babaloja General of Oyo State, Asiwaju Yekeen Abass, extended his heartfelt congratulations to Oba Rasheed Adewolu Ladoja on his forthcoming coronation. In a statement personally signed by him and made available to newsmen, Asiwaju Abass expressed his joy on behalf of the Market Leaders Council, Zonal Executives, and traders in the state.

He prayed for a peaceful and prosperous reign for the new monarch—one that will bring growth, unity, and progress to Ibadanland and Oyo State as a whole. The congratulatory message reflects the collective goodwill of the trading community toward the incoming king.

In his statement, Asiwaju Yekeen Abass announced that all markets within the Ibadan main city and its surrounding areas will be closed for trading activities on Friday, September 26, 2025. This directive covers the eleven local governments of Ibadanland, ensuring widespread participation in the coronation festivities.

According to Asiwaju Abass, the market shutdown is not just a show of respect but also an opportunity for traders to attend the coronation and pay homage to the new Olubadan at Mapo Hall, the venue of the grand ceremony. He emphasized that this act of unity would strengthen the bond between the traditional institution and the business community in Ibadan.

The decision to close markets underscores the cultural significance of the Olubadan throne and the respect accorded to it by the people of Ibadan. Market closures during major traditional events are a longstanding practice in Yoruba culture, symbolizing solidarity and collective celebration.

By attending the coronation at Mapo Hall, traders and market leaders will demonstrate their loyalty and support for the new monarch, further entrenching Ibadan’s tradition of communal participation in royal ceremonies.

The historic Mapo Hall will serve as the venue for the coronation of Oba Rasheed Adewolu Ladoja. Known for its architectural grandeur and cultural significance, Mapo Hall has hosted many major events in Ibadan’s history, making it a fitting location for this royal ceremony.

Guests from across Nigeria, including dignitaries, traditional rulers, and government officials, are expected to attend the event. The closure of markets will help decongest the city and allow traders to partake in the ceremony without worrying about their businesses.

.Traders are advised to plan ahead to avoid any disruption to their businesses before and after the event.

The closure of markets in Ibadan for the coronation of Oba Rasheed Adewolu Ladoja marks a significant chapter in the city’s history. It reflects the unity, respect, and cultural pride of the Ibadan people and their leaders. As traders gather at Mapo Hall on September 26, 2025, they will not only witness the enthronement of their new monarch but also reaffirm their commitment to the traditions that bind the community together.

The coronation of the 44th Olubadan of Ibadanland promises to be a grand event that celebrates Ibadan’s rich heritage and signals a new era of progress for the city. By closing their markets and attending the ceremony, traders are playing an active role in preserving the cultural legacy of Ibadanland for future generations.