Why FCT Minister Nysom Wike commissioned another solar-powered market in Abuja

• The Minister of the Federal Capital Territory, Nyesom Wike, has commissioned different solar-powered marketplace successful the FCT
• The commissioning is the 2nd successful little than 1 week aft the curate commissioned the archetypal market
• The Kugbo International Market comprises 5,200 stalls, attracting astir 20,000 visitors daily

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.

Twenty-four hours aft commissioning Abuja's archetypal solar-powered market, the Minister of the Federal Capital Territory, Nyesom Wike, has launched different solar-powered marketplace successful the FCT.

Commissioned by the FCT Minister, the Kugbo International Market comprises 5,200 stalls, attracting astir 20,000 visitors daily, 20 warehouses -underground warehouses - 20 coldrooms, 10 restaurants, banks, clinics, constabulary and occurrence work stations and others.

Minister of State, FCT, Hajia Mariya Mahmoud with GMD, AICL Amb Maureen Tamuno during the commissioning. Credit: AICL
Source: Facebook

Wike raises hopes of marketplace women

Recall that the Minister had connected Friday, April 4, 2025, commissioned the Utako Farmers Market.

Speaking connected Saturday astatine the commissioning ceremonial of the archetypal signifier of the Kugbo International Market with 1,600 shops, Wike expressed optimism that it volition importantly lend to some section and nationalist economical maturation done enhanced commercialized and commercialized activities.

Built arsenic Public Private Partnership (PPP) betwixt the Abuja Investments Company Limited (AICL) and Mesotho Group Limited, nether a Build Operate and Transfer (BOT) arrangement, the Minister said the planetary marketplace is simply a testament to what tin beryllium achieved erstwhile nationalist and backstage sectors collaborate with purpose.

The caller marketplace to make revenue

According to him, the marketplace is much than a trading hub, stressing that "It is simply a thriving ecosystem designed to enactment businesses, empower entrepreneurs, make jobs, and pull some section and planetary investors".

Represented by the Minister of State for FCT, Dr Mariya Mahmoud, helium said the planetary marketplace volition beforehand section and nationalist economies done accrued commercialized and commerce.

"It volition make gross for the authorities done taxes, levies, and different charges; and much importantly, supply employment opportunities for a wide scope of radical — from traders and artisans to logistics providers successful enactment with the Renewed Hope Agenda of President Bola Ahmed Tinubu GCFR," Wike added.

The Minister praised Ambassador Maureen Tamuno's enactment of Abuja Investments Company Limited for driving economical maturation successful the FCT, stressing that nether her guidance, AICL has been instrumental successful fostering strategical investments, promoting partnerships, and showcasing Abuja's immense concern potential.

He was upbeat that the installation would catalyze commercialized activity, offering modern facilities, unafraid spaces, and a level for businesses to grow and vie globally.

AICL MD raises hopes for development

In her remarks, Group Managing Director, Abuja Investments Company Limited, Amb. Maureen Tamuno lauded the FCT Minister for his dedication to transforming Abuja into a world-class city.

Vanguard reports that she besides commended his visionary enactment and committedness to creating a thriving concern and concern hub successful the Federal Capital Territory.

Tamuno said nether his administration, Abuja has seen important development, with initiatives aimed astatine fostering economical growth, improving infrastructure and promoting sustainable investment.

"We commissioned this task contiguous nether the guidance and enactment of the Honourable Minister of FCT, His Excellency Barrister Nyesom Wike. We privation to usage this mean to applaud him for his visionary and unwavering committedness to making Abuja a world-class city," she said.

Dignitaries astatine the event

In their abstracted goodwill messages, the erstwhile Speaker, House of Representatives, Rt. Hon. Yakubu Dogara; erstwhile Information Minister, Prof. Jerry Gana; member, Senate Committee connected FCT Area Councils, Senator Anthony Yaro; Pro-Chancellor/Chairperson, Governing Council, Federal University of Technology and Environmental Sciences, Iyin Ekiti, Ekiti State, Senator Binta Masi Garba; erstwhile Executive Secretary, Tertiary Education Trust Fund (TETFund).

Others are Suleiman Bogoro arsenic good arsenic the Head of Service (HoS) of the Federal Capital Territory (FCT), Grace Adayilo commended the enactment of the 2 FCT Ministers and Amb. Tamuno for their dedication to economical improvement successful the country's capital.

The precocious constituent of the lawsuit was the presumption of 120 escaped shops to immoderate residents of FCT crossed the six country councils.

Our newsman gathered that each of the six country councils received 20 shops each, courtesy of the FCT Minister.

NERC fines energy organisation institution for overbilling

Legit.ng earlier reported that Abuja Electricity Distribution Company (AEDC) has been fined ₦1.69 billion by the Nigerian Electricity Regulatory Commission for overcharging customers.

As per NERC's statement, the good is owed to AEDC's disregard for the commission's erstwhile bid restricting projected billing for powerfulness users.

The good was specified successful the authoritative "Order NERC/2024/114" that the committee issued.

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Source: Legit.ng