The Nasarawa State Government has provided financial assistance to traders who lost their goods and properties in recent market fires across the state.
The government’s gesture is aimed at alleviating the suffering of the affected traders and enabling them to recover from their losses.
According to a statement issued by the state government, the financial support is part of the administration’s efforts to provide relief to victims of the market fires, which occurred in various parts of the state. The government acknowledged the devastating impact of the fires on the traders and the state’s economy, and assured that it would continue to provide support to those affected.
The state governor, while presenting the financial assistance to the affected traders, commiserated with them over their losses and encouraged them to remain resilient in the face of adversity. He also assured them that the government would take measures to prevent future occurrences of market fires in the state.
The traders, who received the financial assistance, expressed gratitude to the state government for its support. They noted that the government’s gesture would go a long way in helping them to recover from their losses and rebuild their businesses.
The market fires, which occurred in various parts of Nasarawa State, resulted in significant losses for traders, with many of them losing their goods and properties. The state government’s provision of financial assistance to the affected traders is a welcome development, as it will help to alleviate their suffering and support the recovery of the state’s economy.
The Nasarawa State Government provided financial assistance to over 500 traders who were affected by the market fires. The government released a total sum of N50 million to support the traders, with each recipient receiving a minimum of N100,000.
The financial support was disbursed through the state’s Ministry of Trade and Commerce, which worked closely with the leadership of the market associations to identify and verify the affected traders.
The Nasarawa State Government has reiterated its commitment to supporting traders and promoting economic development in the state. The government has assured that it will continue to provide support to traders, including those affected by the market fires, to enable them to recover from their losses and rebuild their businesses.
The government has also announced plans to establish a traders’ support fund, which will provide financial assistance to traders who are affected by natural disasters, fires, and other forms of adversity. The fund will be managed by the state’s Ministry of Trade and Commerce, in collaboration with the leadership of the market associations.