Business
Good Markets, Nerve Of Every Economy – Jonathan
President Goodluck Jonathan has described good markets as very crucial to every aspect of economic growth.
Jonathan, who was speaking on Saturday in Jos, when he inaugurated the Multi- Million Naira Kabong Market, said that the income of every country was largely a factor of the strength of its markets.
He advised the people to take proper care of the market, stressing that it had the capacity to singularly boost the economy of Plateau State.
The President lauded the State Government for establishing a Fire Service Station in the market, noting it was good protection against destruction by fire.
Jonathan cautioned against unplanned markets, and lamented that many families had suffered untold hardships in various parts of the country owing to fire outbreaks that razed down their property.
Earlier, the Plateau Commissioner for Commerce and Industries, Mr. Nuhu Gagara, had said that the Plateau Government spent N1.2billion to build the Kabong Market.
He disclosed that the market had 3,090 shops, a car park with a capacity to accommodate 500 vehicles, a police station and a fire station.
Gagara said that the Market became necessary to control the spread of goods on major Highways in Jos.
The Chairman of Plateau Traders Association, Kabong Branch, Mr. Cyril Okereke, who spoke on the project, lauded the governor for constructing the market which he said would ease the activities of traders.
“Many of my members have been conducting their activities under the sun for the past eight years since the burning of the Jos Main in 2002.
“We are indeed happy that there is a new market and shall support Gov. Jonah Jang’s quest for a second tenure so that he will do more,’’ he said.
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