Bwari Area Council in the Federal Capital Territory has approved the building of its two ultra-modern markets sited on 2.7 hectares of land in the town.
Performing the foundation laying of the markets, the Council Chairman, Hon Musa Dikko, said the development was not aimed at taking away the land from the original indigenes or owners but was to ensure that the new Maitama and Kukwaba markets are built according to standard.
He said the modernisation and reconstruction was another step towards diversification of the economy which is in line with the present administration plans.
Dikko gave further clarifications that developing the market to acceptable standard would ease generation of revenue with its collection from traders.
The Chairman assured that prior to the present commencement of work at the market, previous administrations initiated the project over 14 years ago but abandoned it due to lack of commitment to development of the area.
But, he assured that the ongoing work which is expected to be completed within one year was embarked upon to meet up with the public interest not personal interest which failed the last ones.
He called on the traders and major stakeholders to keep on giving the necessary support to those working on the site as the work lasted.
Giving the breaking down of the market plan, its Developer Ayofe Atoyebi, said with almost 500 categories of traders doing business in dilapidated and run down makeshift shops with most part of the land converted to residential apartments, it poses danger to the town centre.
He said the council with his company decided to design and upgrade the market to international standards with the breakdown of business spaces.
It shows 9 sqm lock up shops, 248 units, 12sqm lock up shops 414 units, 20 sqm lock up shops, 60 units and 24sqm warehouses, 20 units among others.
The developer added that the market was having total of nearly 946 number of safe and convenient spaces.