PLATEAU APPROVES REBUILDING OF RAZED JOS TERMINUS MARKET

Follow us on Social Media

Plateau State Governor, Simon Lalong
Plateau State Governor, Simon Lalong
Social sharing

The Plateau State Executive Council has approved the construction of Jos main market popularly called TERMINUS Market burnt down many years ago.

The council reached the decision yesterday, at its virtual meeting presided over by Governor Simon Bako Lalong, who is presently in Dubai, United Arab Emirates (UAE) with other governors for the 11th Annual investment summit.

The approval was sequel to a memo submitted by the Commissioner for Urban Development, Idris Gambon, who is supervising the ministry of commerce and industry to the council, with a proposal for a Public-Private Partnership Joint Venture to be funded by JAIZ Bank Nigeria Plc.

Briefing Newsmen after the council meeting, the Commissioner for Information and Communication, Hon. Dan Manjan explained that the determination and resilience of Governor Simon Bako Lalong to fulfil his campaign promises to the people by ensuring that the market is reconstructed has finally paid off with the agreement by JAIZ Bank Plc to partner with Plateau State Government in funding the project.

Giving details of PPP joint venture, supervising commissioner for commerce and industry, Hon. Idris Gambo revealed that the entire project will be funded with a total of 4,231 shops of different sizes expected to be constructed on 44 percent of land totalling 7.4 Hectares. He said the rest of the land space will provide for Parking, Banks, Banks, Fire station, Police stations, Administrative blocks and other facilities.

The Commissioner disclosed that the market wholly belongs to Plateau State Government and will be managed by the Jos Main Market Authority, While the investor will recover part of their investment from proceeds of the sale of shops.

He said the Executive. Council resolved that those who were displaced from the burnt market will be given the first option of acquiring the new shops which will be provided under a flexible payment plan to ensure that genuine traders and people of Plateau State are not left out.

Jos Terminus Market
Jos Terminus Market

It was also agreed that work on the adjourning roads from the Gangster axis will be intensified with the possibility of dualization to ensure that traffic congestion does not prevail when business activities resume in the market.

The estimated total cost for the construction of three phases of the market is 9.4 Billion Naira.

It could be recalled that the genesis of Jos main market emanates from the regime of the first military Governor of the State, late police Commissioner Joseph Denchi Gomwalk in the 70s’, in pursuance of its continuity of the main market, the regime of the first civilian governor of the State, late chief Solomon Lar did his best superlatively and was subsequently, completed by Retired Navy captain Samuel Bitrus Atukum and commissioned by the then Military Head of State and commander in chief, General Muhammadu Buhari in 1984.

The Jos main Market was regarded as one of the largest markets in the West African region, accommodating thousands of influxes across different nooks and corners for business activities.

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Facebook comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About 9News Nigeria 13407 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave a Reply

Your email address will not be published.


*