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ABSTRACT
This work has been able to examine the impact of market in the economy of Benin, with particular reference to the New Benin market. The study also tackles the place of market women in the socio-political and economic life of the society from the early period to the present which has aroused a wide range of interests amongst scholars and writers in recent times. This research work went further to examine the antecedence of New Benin market and the establishment of various association in the market. In other words, the study analyzed how New Benin market was located in the heart of Benin. The New Benin market is located in the New Benin, Mission road and New Lagos road area. It is probably the busiest market in Benin City. A wide range of commodities are sold there at really good prices such as food items, electronics and electricals, clothes and fabrics, traditional beads as well as a large bush meat section. Probably due to its super busy nature, New Benin market is very crowded and quite disorganised. Not only is there a persistent traffic grid lock around the market, it is also quite filthy due to inefficient waste disposal system. It is a common sight to see decaying food and animal remains around the market, resulting in the constant stench that seems to hang around the market. New Benin market is also associated with poor parking and unregulated street trading.
