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Benue Govt terminates lease of Makurdi Modern Market to private investors

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Benue News

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Benue State government has terminated the lease of Makurdi Modern Market to private investors on long term lease and reverted full ownership back to government. The market was leased to private investors by the immediate past administration in the state.

This was disclosed on Thursday by Benue State Attorney General and Commissioner for Justice and Public Order, Mnyim Fidelis. Mnyim thanked Governor Hyacinth Alia for making it possible for the market to return back to government ownership. He said the market will accommodate the interests of traders who went through untold hardship ranging from arbitrary tax imposition by the private owners as well as total neglect.

reports that the lease of Makurdi Modern Market to private investors is one of the items being investigated by the Benue State Commission of Inquiry into sale/lease of government companies.

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Benue commission of inquiry probes lease, sale of companiesThe Benue State Commission of Inquiry into the sale government of owned companies has asked the Ministry of Industries, Trade, and Investment to submit documents of government properties under its jurisdiction. The Commission gave this order during its sitting on Wednesday in Makurdi.
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