Yahaya, Buni inaugurate Nguru market to boost IGR, jobs in Yobe
By Njadvara MUSA, Damaturu
Governors Inuwa Yahaya and Mai Mala Buni of Gombe and Yobe states have inaugurated the Nguru ultra-modern market to boost Internally Generated Revenues (IGR) and job creation in Yobe state.
The market was completed at N2.6 billion and named after Sheikh Muhammad Ngibirima, a renowned Islamic scholar in the North.
Unveiling the 505 capacity market shops, over the weekend, at Nguru, Yobe state, Buni disclosed: “The Nguru modern market is to promote trade and commerce for economic growth and development,” as well as measures to fast track the livelihoods recovery from the over a decade insurgency.
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“We’ll provide IGR platforms to ensure the blockage of leakages in raising more revenues to the State’s coffers,” he said.
Besides, he added that the completion of the market will provide an enabling environment for increased economic activities to restore people’s livelihoods in insurgency-affected communities.
On the provided market facilities, he said: “The 505 market shops have administrative block office, refuse site and bins,” including a borehole, drainages, mosque, bank and a perimeter fencing to secure the market and the people.
In sustaining the market for revenues, he said: “The market will be registered as a limited liability company with its board of directors,” adding that it will be headed by a General Manager and supported by the management staff of the market.
The Senate President, Ahmed Lawan also donated N100 million to the Nguru business community.
He said that the donation will raise the economic status of the people living in the Yobe North senatorial district of the State.
Buni, therefore, enjoined the board members and management staff of the market to work in harmony and ensure the good utilization of the market facilities.
According to Lawan, leaders of the new market should disburse the N100 million judiciously among the entrepreneurs with traditional rulers’ supervision to ensure equity among the Nguru traders.
“This is to increase our IGRs and job opportunities and fight poverty and unemployment among the youths,” said Buni.
While thanking the Goforrnor to inaugurate the market, Yahaya said that it was worth it for him to unveil the new market, sited in the Kano-Hadejah-Nguru axis of trade and commerce.