Yobe builds 9 markets to boost business, IGR
The Yobe State Government has constructed nine modern markets across the state to boost business activities and increase Internally Generated Revenue (IGR). The State Commissioner for Housing and Urban Development, Arch. Ahmed Buba Kyari, disclosed this while speaking to journalists during a media tour of projects in the state. He explained that the nine markets […]
yobe state government
The Yobe State Government has constructed nine modern markets across the state to boost business activities and increase Internally Generated Revenue (IGR).
The State Commissioner for Housing and Urban Development, Arch. Ahmed Buba Kyari, disclosed this while speaking to journalists during a media tour of projects in the state.
He explained that the nine markets consist of five ultra-modern markets and four modern markets located in nine local government areas.
According to him, the ultra-modern markets are situated in Damaturu, Potiskum, Gashua, Nguru and Geidam, while the modern markets were built in Ngalda, Yunusari, Machina and Buni Yadi.
Kyari said the construction of the markets is aimed at enhancing the state’s revenue base and improving the livelihoods of its citizens.
He added that the project forms part of the present administration’s commercialisation and economic diversification agenda to strengthen trade, commerce and overall economic growth.
The commissioner noted that Yobe State has a long history of trading with Chad, Cameroon and the Niger Republic, and that the new markets would further promote cross-border business activities.
He said the markets would provide modern facilities such as shops, abattoirs, administrative offices and parking spaces.
Kyari assured that the state government is working to complete and commission the markets to ensure they deliver maximum benefits to the people of Yobe.
Earlier, the Commissioner for Home Affairs, Information and Culture, Hon. Abdullahi Bego, said the state government is determined to reduce dependence on federal allocations by strengthening internally generated revenue.
He added that the markets meet international standards, enabling Yobe to compete with neighbouring countries that export livestock and grains to international markets.