Business
Market Closure: Traders Adopt Survival Strategy
As markets in Rivers State remain closed due to lockdown occasioned by the outbreak of the COVID-19 pandemic, traders in the state have devised another strategy for survival.
The Tide learnt that many traders now transact their businesses in the early hours of the day to avoid being tracked by security agents.
The Tide’s investigation revealed that trading and business transactions in many parts of the state such as Rumuokoro and Rumuosi commence as early as 4.00am, and terminate before 6.00am everyday.
A petty trader who operates in Rumuosi, but patronises the Rumuokoro market, told The Tide under condition of anonymity that she used to wake up from bed every 3.00am to prepare for market who she said usually begins by 4am.
According to her, any day she got late to the market, she would not find things easy to buy, as a lot of transactions may have been carried out before her arrival.
Also speaking to our correspondent on the issue, Mr Chidi Obasi who trades on wears at Rumuokoro, said the early morning market favours those that trade on foodstuff, as people’s attention are now more on what they will eat.
“At 4.30 am, the market is already full of transactions, and before the day breaks, people have finished their business transactions, and that is why it is early morning market “, he said.
It was learnt that many petty traders within Rumuokoro and Obio Akpor area patronize the Rumuokoro morning market to refill their foodstuffs shops.
Many of these traders are always seen on daily basis at bus stops between 6.00 and 7.00am returning from market with their goods for resale to their customers within their areas.
By: Corlins Walter
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
-
Niger Delta4 days agoBayelsa Recommits To Building World-Class Med Varsity …As VC Marks Anniversary
-
Rivers3 days agoPIND, Partners Hold Data-Driven Resilience Planning For N’Delta
-
Oil & Energy4 days agoAEDC Confirms Workforce Shake-up …..Says It’ll Ensure Better Service Delivery
-
Rivers3 days agoIkwerre Council Boss Bans Scavenger Operations
-
News4 days agoPolice Arrest Sex Trafficking Syndicate, Rescue 15 Young Girls InOndo
-
Maritime4 days agoCustoms Kaduna Command Generates ?5b Revenue In Oct
-
Business4 days agoPHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
-
News3 days agoLeague Holds Workshop On New Tax Reforms Act
