Read the passage below carefully:
When the municipal authority of Ibadan introduced a digital stall-booking platform for the historic Bodija market, officials heralded it as a major policy success that would eliminate informal extortion by self-appointed market wardens. Under the new system, traders were required to register via a smartphone application to reserve their daily commercial spots. However, within six months, over forty percent of micro-vendors—predominantly elderly women selling perishable agricultural produce—had vacated their long-held stalls and relocated to unregulated roadside pavements. While municipal revenue from stall allocations rose by thirty percent, community mediation panels reported a sharp increase in violent altercations between displaced traders and municipal traffic enforcers. Independent analysts noted that the platform's automated allocation algorithm systematically prioritized users who reserved spaces weeks in advance via electronic bank transfers. Consequently, daily-wage traders who depended on immediate cash turnover from each day's sales to finance the next day's allocation were systematically displaced, despite the platform's anti-extortion intent.
Based on the passage, evaluate whether the following statement is TRUE or FALSE:
The introduction of the digital stall-booking platform inadvertently deepened socio-economic disparities among market traders by structurally favoring financially resilient vendors over daily-wage sellers.
Answer: Answer