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Business MarketsNasarawa State Government Embarks On Construction Of Neighborhood Market At N349.7million

Hassan Umar Shallpella (Regional Correspondent)May 23, 2021

The Nasarawa State will construct a neighborhood market in the Akwanga Local Government Area at the cost of N349.7million. Flagging off the construction of the market in Akwanga on Saturday, the governor, Abdullahi Sule said it would boost the socio-economic activities and enhance the standard of living of the people of the area and the state in general. He said the construction of the market was part of activities to mark his two years in...

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Crime & Security Markets NewsZamfara State Government Closes Four Markets

Hassan Umar Shallpella (Regional Correspondent)April 23, 2021

The Zamfara State Commissioner of Information, Alhaji Ibrahim Dosara has announced the closure of four markets in the state beginning from April 22 till further notice. The markets are Magami Market in Gusau Local Government, Dansadau Market in Maru Local Government, Wanke Market in Gusau Local Government and Dauran Market in Zurmi Local Government Area. In a statement, the Commissioner said security agencies had been directed to ensure strict compliance and to deal ruthlessly, with...

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Markets NewsPersons Injured, Cars Burnt As Rioting Hausa Traders Fight To Retain New Artisan Market Enugu

Ije Ulasi (Regional Correspondent)April 23, 2021

The Enugu-Port Harcourt expressway on Thursday witnessed unusual disruption, destruction of properties, and mayhem causing serious tension and panic among residents of the coal city and commuters on the ever-busy road. The crisis erupted when Hausa traders in the New Artisan market vehemently refused the demolition of structures in the market but confronted those who stormed the market for the demolition exercise. Taking advantage of the situation, artisans living within the New Artisan market stalls...

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Accidents and Safety Markets News NigeriaAnother Market Fire Outbreak Recorded In Nigeria

Hassan Umar Shallpella (Regional Correspondent)March 29, 2021

Fire outbreaks have been ravaging markets across Nigeria, the latest was the popular Namu Central yam market in Quan pan Local government Area, of Plateau state on Sunday night. Recall that Gashua Hay market in Yobe state, Katsina Central market, Tudun Wada Market in Zamfara State have experienced fire outbreaks in the last few days. A resident of Namu community, Alhaji Kabiru Buba told Reporters that food items and other valuables worth millions of naira...

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Accidents and Safety Markets NewsFire Guts Katsina Central Market, Goods Worth Millions of Naira Lost

Hassan Umar Shallpella (Regional Correspondent)March 22, 2021

Governor Bello Masari of Katsina state Monday visited the scene of the fire at Katsina Central Market where some sections of the market were razed with hundreds of shops burnt to ashes and goods worth millions of naira lost. It was learned that the inferno started around 8:30 am at a shop and quickly spread to other parts of the market. Masari of Katsina state, who went round the affected sections to see the extent...

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Infrastructure MarketsInstitute Warns Cross River About Substandard Construction at Popular Calabar Market

PilotnewsMarch 16, 2021

CALABAR — Substandard structures being erected at the popular Watt Market in Calabar are accidents waiting to happen. This declaration was made in Calabar on Tuesday by Mr. Ekpenyong Ekpenyong, Chairman, Cross River chapter of the Nigerian Institute of Building. Ekpenyong told the News Agency of Nigeria (NAN) that contractors erecting new shops in the market were placing nine-inch blocks on six-inch blocks. He said it was even more dangerous considering the fact that the...

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Business Markets NewsTraders In FCT, Jigawa Groan Over Scarcity Of Foreign Rice

Hassan Umar Shallpella (Regional Correspondent)March 14, 2021

ABUJA, FCT — Traders in some markets in Abuja on Saturday were out of stock of foreign rice in their shops and warehouses weeks after the reopening of borders by the Federal Government. Hajiya Rahmatu Mohammed, a rice seller in Utako Market in Abuja, said in view of the scarcity, the price of foreign rice had increased in the market. Mohammed said that the scarcity started in the last two weeks. “In January and February,...

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Business Markets Oil & GasNNPC Says No Plan to Increase Petrol Price, Cautions Against Panic Buying

PilotnewsMarch 1, 2021

ABUJA — The Nigerian National Petroleum Corporation (NNPC) has advised motorists to stop panic buying of Premium Motor Spirit (PMS) also known as petrol saying it has no plan to increase the ex-depot price in March. NNPC disclosed in a statement by its spokesman, Dr. Kennie Obateru, in Abuja on Sunday. The News Agency of Nigeria (NAN) reports that ex-depot price is the price at which depot owners sell products to marketers. The price determines...

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Crime & Security MarketsGovernor Makinde Orders Reopening Of Shasa Market

Hassan Umar Shallpella (Regional Correspondent)February 23, 2021

Governor Seyi Makinde of Oyo state has ordered the immediate reopening of Shasa market in Akinyele Local Government Area of the state shut down two weeks ago after Hausa and Yoruba traders clashed. The mayhem claimed several lives and some houses razed in the crisis. The Governor while addressing leaders of the Hausa and Yoruba communities at the House of Chiefs, Secretariat, Agodi, Ibadan, on Tuesday, promised to move workers to the site of the...

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Coronavirus Markets News NigeriaCourt Orders Reopening of Wuse, UTC Markets in FCT, Imposes N50,000 Fine

PilotnewsFebruary 4, 2021

ABUJA — The Federal Capital Territory Administration (FCTA) mobile court has ordered the reopening of Wuse, UTC markets, and Murg Shopping Plaza shut down on Monday in Abuja for violating COVID-19 safety protocol. The court also slammed the fine of N50, 000 each on the three facilities, for over flagrant disregard to COVID-19 Health Protection Regulations Act 2021, which must be paid before the reopening. Mr. Ikharo Attah, Head, Media and Enlightenment of FCT Ministerial...

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