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Zulum opens Monday Market, waives two years’ rent for 8,000 traders

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Governor Babagana Umara Zulum of Borno State has commissioned the Maiduguri Monday market, which was rebuilt after it was razed by fire on February 26, 2023.

The governor, during the commissioning on Monday, also announced that at least 8,000 traders who rent shops and pay rent to the state government through the market authority will not have to pay rent for the next two years because of the huge losses they suffered during the fire outbreak. “As you would recall, Maiduguri Monday Market was burnt down by fire in February 2023. Borno State Government set up a committee to rebuild the market.

Zulum had, in February, released two billion naira to the committee constituted to administer activities relating to the market, aside from the additional one billion naira palliative given to victims of the fire disaster. The governor at the commissioning also announced N800 million in support for about 2,825 traders who could not get shops after the remodelling of the market. They had previously operated in temporary sheds and market stalls, while some operated illegally.

 

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