General news

Yobe business community appeals for modern markets to stimulate economy



The business community in Damaturu has urged  governor-elect, Alhaji MaiMala Buni, to construct modern daily markets to operate against existing weekly markets,  to stimulate the economy.

The businessmen who spoke with the News Agency of Nigeria on Sunday, said Damaturu deserved a modern market, 28 years after becoming a state capital.

Alhaji Manu Abubakar, a textile merchant, expressed regret that “the market in Damaturu was still operating weekly, 28 years after the state’s  creation.

“The weekly market was established when Damaturu was just a local government headquarters under the old Borno state and operates on Sundays; regrettably it is the same status up to now as you can play football in the market on any other day.

“The lack of conducive business environment is  grossly responsible for the slow pace of economic growth in the state capital,” he said.

Alhaji Musa Hassan, who sells provisions, said “the only business area in the metropolis is the ‘Bayan Tasha’ which houses only few stores and always congested.

“The new government should as a matter of priority and urgency construct a befitting modern market in Damaturu to accommodate more traders and operate daily for economic growth,” he said.

Malam Usman Marwana, a vegetable hawker, said he had no permanent place to sell his wares because the market operated only on Sundays and couldn’t afford a space at the Bayan Tasha business area.

Some residents who spoke to NAN also complained that they were not comfortable going to the market on Sundays and to Bayan Tasha on other days for shopping because of the congestion and for security reasons.

Hajiya Halima Musa, a housewife, said: “I always get nervous maneuvering the crowded market  at Bayan Tasha for security reasons.”

The respondents said the state capital had  come of age to have a befitting market to boost trade and improve the economy.

Lara Bala, a shoe merchant, said “Damaturu, Potiskum, Gashua, Giedam and Nguru deserved modern markets to improve the economy of the state.

“We urge the incoming administration to construct modern markets in the urban areas, provide traders with soft loans to create employment and promote the economy,” Bala said.

Edited by Chioma Ugboma

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