Business
Mile I Market: 4,000 Traders To Share N250m
The Executive Committee of Mile One Rumuwoji Market Traders Association (MOMTA), Port Harcourt has set up a 9-man Committee to work out modalities for the withdrawal and disbursement of the N250 million given to the victims of the fire incident that occurred at the market last December.
It would be recalled that President Goodluck Jonathan through the National Emergency Management Agency (NEMA) penaultimate Monday presented a N250 million cheque to traders affected by the fire incident on December 17, 2013.
Disclosing this in an interview with The Tide in his office recently, the chairman of the MOMTA , Mr. Benneth Eze, said the committee headed by Elder ThankGod Ebere had seven days within which to complete its assignment.
Eze, who assured of transperancy and fairness in the disbursement of the money enjoined the traders to be patient and remain calm until the committee completes the work, pointing out that the N250 million would be shared among more than 4,000 traders affected by the incident.
The MOMTA Chairman thanked President Jonathan and all those who facilitated the release of the cheque, saying that the money when shared, would go a long way to alleviate the sufferings of the traders.
Eze also expressed joy on behalf of the traders, who he said, were overwhelmed when they saw that the Rivers State Government under Governor Chibuike Amaechi had commenced work on the market by clearing the site and prayed God to give the governor the courage and strength to complete the project.
The MOMTA boss assured that the traders would continue to support the present administrations in the state and country, pointing out that the gift to the traders and the decision of the state government to commence work on the next phase of the market were not political.
Shedie Okpara

NAE Vice Chairmen/Managing Director, Massimo Insulla (left), Chairman, House Committee on Local Contant, Honourable Asita (middle) and Chairman, PETAN, Engr Emeka Ene (right) among others, during the signing of MoU between NAE and PETAN at the vendor gap closure opportunities engagement/exhibition in Port Harcourt, recently.