Economy
NEDC Donates N2 Billion To Victims Of Maiduguri Monday Market Inferno
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NEDC donates N2 billon to victims of Maidugri Monday Market infeno
By Madu Mohammed, Maiduguri
As parts of its intervention to the victims of Maidugri Monday Market, the Northeast Development Commission (NEDC), has donated N2 billion to the traders of the rebuilt Monday Markets to assist them pick up the pieces of their lives following the burnt down of their good by fire incident.
It could be recalled that the Monday Market was razed down by fire outbreak on 26th February, 2023 were shops and stores and property worth billions of Naira were destroyed.
Announcing the donation during a courtesy call on Governor Babagana Zulum at the Government House, Maiduguri, on Monday, the Managing Director of the NEDC, Goni Alkali said ” some months ago the famous Maidugri Monday Market was razed down by fire incident where traders completely lost their goods.and shops.Tiday we came here to assist the traders. The NEDC us donating a grant of N2 blion to the traders.
Alkali said Governor Zulum while addressing the traders promised to rebuild the market within shortest possible time and he has fulfilled the promise, stressing the grant is to support the traders by providing a restarter grant to them, .
Earlier, the Chairman of the Commission, Major Genera Paul Tarfa (rtd), said ” we are determined to Cary out our mandate which the commission was established. We are here to know what and what you want us to do to the state.
General Tarfa said ” we were in Bauch, Gombe, Yobe and today we are here in Borno, very soon we would be in n Adamawa and Taraba states, Borno state has done well in education, health as nd agriculture.”.
Responding, Governor Babagana Zulum of Borno promised that no a single Kobo will go into Borno state government account and commended the NEDC for it’s continued assistance to the traders, IDPs and government of the Northeast states.
He called on the commission to address the root cause of Boko Haram insurgency by investing in security, education, health, machanized agriculture, roads and other infrastructures, if not the insurgency will wiped out not only the Northeast but the country as t large.
” The Boko Haram and ISWAP have destroyed over 500 classrooms, 800 municipal buildings, 1 million houses, displaced over 3.5 million people, over 49,000 widows and 50,000 orphans as well as destroyed property worth over $ 6.7 US dollars which 2/3 of the amount was in Borno state accirding to UN report”, he said.
” Let me use the opportunity to convey my deep appreciation to the commission for the assistance it has been rendering the states of the Northeast, especially the IDPs in Borno.It is my believe that the commission wil jey into the renewed Hope agenda of President Tinubu”, he added.
Governor Zulum said ” on to the N2 billion donated to the traders of the Maidugri Monday Market, I want assured you that no a singe Kobo will be diverted . No single Kobo should be remitted to Borno state Government account, we have DSS and police in the High powered committee on the rescontruction of Maidugri Monday Market, we are going include EFCC to ensure that the money get to the traders.