FCT minister flags off 618-shop modern market construction in Zuba
![The FCT Minister of State, Dr Mahmoud Mariya](https://i1.wp.com/gazettengr.com/wp-content/uploads/The-FCT-Minister-of-State-Dr-Mahmoud-Mariya.png)
The Federal Capital Territory minister of state, Mariya Mahmoud, has inaugurated the construction of a 618-shop modern market in Zuba, Gwagwalada Area Council of FCT.
Ms Mahmoud said during the inauguration in Zuba on Saturday that the market would be constructed by Khuntex Engineering Company Ltd. under a public-private partnership (PPP) arrangement.
She added that under the arrangement, the Area Council would provide the land, while Khuntex would fund the construction 100 per cent.
She said that the project would be delivered within 20 months in two phases of 10 months each, adding that it would foster economic resilience and social inclusion.
The minister added that the market would also generate employment opportunities, enhance income levels, and promote skill development among rural youths.
According to her, the development is a testament to the FCT Administration’s commitment to the provision of critical infrastructure to residents, in line with the “Renewed Hope” agenda of President Bola Tinubu.
“To solve the problem of protracted funding, the Gwagwalada Area Council decided to explore private sector funding options.
“The move leverages the utilisation of the private sector in exchange for land as a resource for the development of the Zuba Modern Market, amongst other PPP initiatives,” she said.
The minister stressed the importance of market infrastructure in rural areas, which she described as a lifeline for countless communities.
“However, inadequate infrastructure often hampers their efficiency and accessibility, hindering economic growth and perpetuating poverty.
“Public-private partnerships, therefore, offer a pragmatic solution to this challenge.
“By leveraging the strengths of both sectors, we can create sustainable market places that cater for the diverse needs of rural populations,” Ms Mahmoud said.
She explained that markets provide a platform for farmers and artisans to sell their produce, goods, and services, which in turn improves the quality of life of rural dwellers.
Ms Mahmoud said that the market would be equipped with modern facilities that would enhance the efficiency of agricultural value chains.
She added that the market was also designed to empower rural entrepreneurs to access larger patronage and better prices for their products.
The chairman of Gwagwalada Area Councils, Abubakar Giri, said that the Zuba Modern Market, when completed, would boost the revenue base of the area council.
Mr Giri also promised to revive other abandoned markets within the area council and urged the contractor to complete the project within the 20-month period.
In his remarks, the chairman and chief executive officer of the Khuntex Engineering Company, Dayo Jigan, promised that the first phase of the project would be delivered in 10 months.
Mr Jigan said that a set of 250 units of the shops would be completed in the first phase of the project.
He explained that the market would consist of mixed units of open or locked-up shops, warehouses, eateries, banking halls, restaurants, police posts, fire stations, public toilets, bus loading bay and other amenities in line with global standards.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
![Katsina State](https://i1.wp.com/gazettengr.com/wp-content/uploads/1863B29B-AC06-49E0-ADFA-655BBEC3389A.jpeg)
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
![Jigawa Governor Umar Namadi](https://i1.wp.com/gazettengr.com/wp-content/uploads/WhatsApp-Image-2023-03-19-at-19.59.01.jpeg)
States
Jigawa ministry honours 50 individuals for service to women development
She commended Mr Namadi’s administration for paying special attention to education and advancement of women.
![NIGERIAN STUDENTS ABROAD](https://i1.wp.com/gazettengr.com/wp-content/uploads/Nigerian-students-in-UK-1062x598-1.jpg)
Education
UK varsities mull cutting courses, staff over drop in Nigerian, Indian, other foreign students enrollment
University leaders warned that the loss of a one-third of foreign students has threatened to push institutions into loss.
![MaineOne](https://i1.wp.com/gazettengr.com/wp-content/uploads/Maineone.png)
NationWide
Undersea Cable Cut: MainOne restores internet service to some customers
“The repair time is to enable our services to become fully restored.”
![SANWO-OLU](https://i1.wp.com/gazettengr.com/wp-content/uploads/IMG_4650.jpeg)
Lagos
Lagos, FHA to collaborate on building affordable homes for residents
This, he said, would reduce the costs and allow individuals to finish their houses based on affordability.
![Vaughan Gething](https://i1.wp.com/gazettengr.com/wp-content/uploads/Vaughan-Gething.png)
World
Wales’ first minister Vaughan Gething becomes first black European leader
Mr Gething, who was born in Zambia’s capital city of Lusaka, will assume the office of Wales’ First Minister on Wednesday.
![President Bola Tinubu](https://i1.wp.com/gazettengr.com/wp-content/uploads/Tinubu-6.png)
NationWide
APC state chairmen pledge to support Tinubu on democracy dividends
Mr Ogah stated that the APC state chairmen paid Mr Tinubu a solidarity visit at the Presidential Villa in Abuja.