Category: Economy

AMML accuses sister company of sabotaging its operations in Abuja markets against court order

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The Abuja Markets Management Limited (AMML), on Monday, accused its sister company, Abuja Investments Company Limited (AICL), of sabotaging its operations of managing the Federal Capital Territory (FCT)-owned markets despite a valid court judgment.The AMML Legal Adviser, Felix Edacbe, made the allegation during a press briefing in Abuja.Edache alleged that the Group General Manager (GMD) of AICL, Mr Abubakar Maina, unlawfully directed his workers to take over the AMML offices across markets in the FCT.The lawyer, who alleged that the development had hindered the company from performing its mandate of…

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Onitsha South LG Boss Plans Fire Station At Bridgehead Market

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By Alphonsus Nweze The Chairman of Onitsha South Local Government Area of Anambra State, Mr. Emeka Orji, has promised to build fire station at the Bridgehead market as a way to checkmate fire incidence in the market. The chairman spoke weekend when the Fact-Finding Committee on November 8, 2022, explosion and fire incident at the market which he set up presented its report at the Local Government Headquarters. The chairman said the building of fire station in the market with complete fire equipment would be his priority to checkmate fire…

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Abuja Markets Management Ltd. MD resumes work following court judgment

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Alhaji Abubakar Faruk, the Managing Director, Abuja Markets Management Ltd (AMML), on Wednesday, resumed to his office after a Federal High Court judgment that nullified his redeployment by the Board Chairman, Abubakar Maina, and the former Minister of Federal Capital Territory (FCT), Mohammed Bello.Justice Donatus Okorowo of FHC Abuja, in a judgment on Monday, ordered Faruk’s reinstatement as MD of AMML.Justice Okorowo also ordered the defendants, their staff and privies to restrain themselves from interfering with the Faruk’s exercise of his powers or carrying out the ordinary business of the…

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Anambra targets N4b revenue Monthly – Madubuko

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Alphonsus Nweze The Anambra State Government is targeting an Internally Generated Revenue (IGR) of Four Billion Naira (4b) every month. The Executive Director of the State Internal Revenue, Anambra Internal Revenue Service, Dr. Christian Madubuko, stated this on Thursday in Onitsha during his visit to markets in Onitsha to sensitive the traders on the need to pay their taxes. Madubuko, a former Commissioner during Chief Willie Obiano’s administration said each trader was expected to pay N12, 200, comprising the entire tax a trader was suppose to pay for the year.…

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Keke, Okada Riders’ Welfare Pledge to Collaborate with Soludo, Security Operatives in 2023

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Alphonsus Nweze The Keke and Okada Riders’ Welfare in Anambra State have pledged to collaborate with Governor Chukwuma Soludo and security outfits in the State to curb insecurity in 2023. The State Organiser of Keke and Okada Riders’ Welfare, Chief Arunsi Igbaniuka, who said this during the new year party for his members held at Holiday Resort, Onitsha, the State commercial hub, assured that they are working hard to stop Keke robbery, handset snatching and any form of crime using Keke or Okada. To that extent, Igbaniuka announced the setting…

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We hold general sanitation in support of Soludo – Bridgehead PG

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Alphonsus Nweze The President-General of Bridgehead market, Onitsha, Anambra State, Hon. Chinedu Ezekwike, has said that the market embarked on sanitation exercise as a way to support the Anambra State Government in its effort to clean the State. He said that the market has been organising sanitation exercise in the past within different markets in Bridgehead but this time, they had to engage in intensive exercise to ensure a general cleaning of the market, involving all the traders. “This is more intensive and special and that is why every union…

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Anambra Market Splashes N7m on Indigent Traders – Nwankwo Tasks Traders on PVC

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Fourteen traders of Building Material Market, Ogidi in Idemili North Local Government Area of Anambra State home last Wednesday smiled home as the management of the market splashed half a million naira each on them to help them restart their businesses. The president of the market, Chief Jude Nwankwo, who himself handed over the cheque advised them to use the money judiciously.He prayed that with the seed money they would prosper beyond limit.The president also presented food items and cash to some motherless babies home and physically challenged persons at…

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Revenue Drive: New ASMATA Boss Promises to raise N1b Within a Week

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Alphonsus Nweze The new President-General of Anambra State Amalgamated Traders Association (ASATA) has assured that traders in Anambra State will pay one billion naira to the coffers of Anambra State Government within one week starting from yesterday December 7, 2022. Chief Humphrey Anuna, who replaced Chief Ikechukwu Ekwegbalu as the Anambra State Amalgamated Traders Association (ASATA) in a recent Anambra State Government’s appointment said the money would come from 2022 outstanding levies, taxes and dues the traders suppose to have paid during the year but has not paid till now.Some…

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Restore Sacked Market Leaders Whose Tenures Still Running – Traders Appeal To Soludo

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•Lauds His Removal of Ngonadi Alphonsus Nweze Governor Chukwuma Soludo has again received a pat on the back from the traders for the removal of Dr. Obinna Ngonadi as the Commissioner in charge of Markets in Anambra State. The latest commendation came from some traders in Ose Okwodu Market for displaying rare quality of hearing from the people who elected him. The Vice-Chairman, Caretaker Committee and zonal Chairman of Zone 4, Ose Okwodu Market, Okey Chukwuemeka, said they are grateful to the Governor for hearing the cries of the traders…

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Onitsha Explosion: Come to Our Rescue, Bridgehead Traders Appeal To Soludo

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Alphonsus Nweze Traders of Bridgehead market in Onitsha, Anambra State, have called on Governor Chukwuma Soludo, to come to their rescue over the recent explosion at the Chemical line. At least eight persons were confirmed dead, with the last victim recovered in one of the burnt shops last Monday by those excavating the debris. Several traders who sustained various degrees of injuries during the unfortunate incident are currently receiving medical attention at various hospitals in Asaba, Delta State and Onitsha. The chairman of the market, Chief Chinedu Ezekwike, said their…

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