Business
Residents Decry Insanitary Condition Of FCT Markets
Some residents of the Federal Capital Territory (FCT) have
complained about the poor sanitary condition of markets in the nation’s capital
city.
A cross section of people interviewed by newsmen said the markets had heaps of refuse and
could cause health problems
Mr Sunday John, who is a resident of Wuse, decried the dirty
environment at the Wuse Market, adding “there are toilet facilities in this
market but some people will prefer to urinate in the open around the market”.
“You still see some traders staying close to such areas
trading and some hair dressers giving services around such places and people
will be inhaling the unclean air, “ she said.
At Karu market the story is not different, Chidera Nwoke, a
resident of Karu, expressed displeasure about the state of the market,
especially during the rainy season.
“I wonder if anybody is thinking about the health hazards of
this dirty environment in spite of the fact that the food we eat are sold here.
“It is disgusting to see that no one seems to care about it;
there is no access road to the market. The only entrance to the market now is
located at the back of the market.
‘’ The indiscriminate way people urinate opposite the mosque
at the market gate, will make you refuse to eat anything when you get home,”
Nwoke said.
Amaka Agu, lives in Nyanya, she said that the heaps of
refuse around the Nyanya market has reached an unbearable level.
“You can never pass through this market and see the road
free without suffering from inhaling the repulsive odour of refuse as well as
urination and defecation.
“We now compete with pigs in the area of uncleanliness, AEPA
is trying, at least I do see them evacuating the refuse from time to time but
the people themselves are not helping matters, “ she said.
At Lugbe and Karimo markets the scenario is characterised
with indiscriminate dumping of refuse, lack of access roads, indiscriminate
urination and defecation.
However, at the Garki Modern Market, the situation is
different as those interviewed said the market was about the cleanest of
markets in the FCT.
Maria Okoh said she bought her commodities at the Garki
modern market though she lives at Lugbe, adding that the sanitation condition
at the market made shopping there a delight.
“I live at Lugbe, I do my shopping here because the place is
the best in sanitation; I commend those who are making the effort to keep it
clean, they should keep it up,” Okoh said.
Reports says that most markets in the satellite towns of the
FCT are temporary structures that are basically make shift, which might be
relocated or changed to modern markets.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
Business
Yenagoa’s Radisson Hotel Ready December — NCDMB, Other
Business
RIRS Sets Tomorrow As Deadline For Individual Tax Returns Filing
-
News21 hours agoRSG Reiterates Commitment To Youth Dev
-
Opinion6 hours ago
Ozoro Festival: Tradition or Tyranny?
-
Oil & Energy18 hours agoTranscorp Energy, Renewvia Partner On Renewable Energy Gap
-
Rivers18 hours agoPolice Launch Community-Centred National Day Celebration In Rivers, Today
-
Business18 hours agoNSCDC Discloses Illegal Dump Site In Ikwerre Community
-
Business18 hours agoYenagoa’s Radisson Hotel Ready December — NCDMB, Other
-
Maritime18 hours agoMWUN Raises Alarm Over Port Security Lapses In Lagos
-
Maritime18 hours agoNNS Hands Over Two Suspected Stowaways to Immigration Service
