CACOL specifically called for the immediate release of detained protesters, including prominent activist and youth leader Comrade Hassan Soweto.
Few hours into the protest, cops fired teargas canisters at the demonstrators, injuring some, arresting others and dispersing the procession.
The activist said that the demolition posed a significant threat to the economic stability of Lagos State.
The Lagos government has shut down Alade Market in the Onigbongbo local council area of Ikeja for flouting environmental laws.
The permanent secretary of LASEMA, Olufemi Oke-Osanyintolu, confirmed that no casualty or injury were recorded.
Residents were warned to be on high alert or better still relocate some of their properties pending the release period.
