Burnt Jos Main Market Now A Rendezvous For Criminals – Atu

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

One of the reasons the government wants to rebuild the market is that it has become a hideout or a Rendezvous For Criminals. They used the place as a hideout

to launch attacks on the innocent citizens of the state. Equally, the government noted the importance of the market for driving the economy of the state. As far back as 1989, that market was raking in an average of N18 million a month. Then it was a big source of revenue for the state. That market also engaged a lot of people, directly or indirectly. In other words, it helped to take the youths off the streets.

We felt it was a good source of empowerment for our people. Let us replicate it here. Let me correct the impression that is going round that Jaiz will take 60 per cent of the market and retain the market for forty years. It is not true, Jaiz Bank is not a developer in the first place. The project is akin to contract financing, like the flyover we are building now. It is contract financing. The contractor came with his financier, who is the bank that would help him finance the project.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines