FCT residents laud Wike for opening Karmo District Market

ABUJA (SUNDIATA POST)- Residents of the Federal Capital Territory (FCT) have commended Minister of the FCT, Nyesome Wike  for opening the newly constructed Karmo District Market for business.

Some of the residents, especially those living around the Karmo district, including traders, spoke with the News Agency of Nigeria (NAN) on the sideline of the official commissioning of the market on Wednesday in Abuja.

The market was built under Public-Private Partnership by the Abuja Investments Company Limited (AICL), Rural Homes and other partners.

According to the residents, opening the market, which took over seven years of construction, is a commendable feat by the Wike-led FCT administration, as it will boost economic activities in the area.

Mr Francis Adamu, a dealer on fabrics, said: We are happy that finally the Karmo market is officially commissioned today (Wednesday), this means that more developmental activities will spring up here.

“I think we need to thank the FCT minister for working to ensure that the long wait is over, and other  partners, especially the Rural Homes must also be commended.”

A dealer on electronics and furniture, Mr Ike Ekeka,  said: “I have bought a shop here because  of the uniqueness of the market  and proximity to my home.

“There is no doubt that Rural Homes and the AICL have built a world class market here in Karmo, and we are especially grateful to ‘Mr Project’, the FCT minister.”

Mrs Rahab Isa, a resident in the area, said: “ You know Karmo is a developing area, and this market will sure boost economic activities here.

“We will no longer have to go to other markets in Wuse and Garki and that is why we are happy that the minister is formally opening the market today.”

While commissioning the market, Minister of State for FCT, Dr Mariya Mahmoud, who represented Wike, said  the  project was part of  government’s efforts to promote economic growth in the territory.

“This project is a clear demonstration of our administration’s commitment to fostering economic growth, empowering businesses, and creating a conducive environment for trade and commerce in the city of Abuja.

“Markets are the heartbeat of every community, they are not just centres for buying and selling, they represent the strength of our local economy and the resilience of our people.

“This district market is designed to serve as a hub for business activities, providing traders with modern facilities and ensuring the residents have access to quality of goods and services.

“The integration of this market would undoubtedly boost local commerce, creating employment opportunities for our youth, and enhance the livelihood of our people in line with the renewed hope agenda of  President Bola Tinubu,” she said.

The minister expressed optimism that the market would contribute significantly to revenue generation for the FCT.

“It’s my conviction  that the market will contribute significantly to the revenue generation for the FCT and improve the business environment in the district.

“While we celebrate this achievement, I wish to urge all traders and residents to make proper use of this facility by ensuring cleanliness, orderliness, and mutual respect remains our word,” she said.

Sa’adatu Aliyu, Managing Director of Rural Homes said the market is developed  on 9.9 hectares of land, with over 2,500 units of well-organised shops for different categories of goods and services.

She said the market sections include the cold room and meat sections of the farmers’ market, with over 150 stalls and over 100 enclosed units.

“We have duplexes here for offices, including  banks, clinics and fire service, and all of these make it a complete business hub.

“The shops here are very affordable because before  we  started this project, we went around Abuja to see how is this market going to tally with other developments, and we have done that consistently over the period.

“We discovered from our findings that our shops are  priced lower than other markets, and there are flexible payment plans available,” she said.(NAN)

Read More

Latest

Bitcoin Miners are Leaving the Network. Will It Impact BTC Price?

Bitcoin's hash rate slump hits a record 9 months as miners pivot to AI. Difficulty goes negative for only the second time. The post Bitcoin Miners are Leaving the Network. Will It Impact BTC Price? appeared first on BeInCrypto...

White House Now Reviewing Crypto Clarity Act Ethics Text Ahead of August Deadline: Report

Time is running out to get a vote on the long-awaited crypto Clarity Act, though bipartisan work is intensifying with the White House reviewing the latest draft behind closed doors, according to reports.  Senator Thom Tillis said that bipartisan language drafted and sent to the White House last week is currently being reviewed by the

Senator Warren questions US AI chip policy after Trump crypto investment: Report

Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain the administration’s policy toward the United Arab Emirates following the country’s investment in President Donald Trump’s family-backed cryptocurrency venture, World Liberty Financial. According to a Wednesday CNBC report, Warren sent a letter to Commerce Secretary Howard Lutnick asking for an explanation for the

Strategy moves $66M Bitcoin as a $102.6M short appears: Is a volatility spike coming?

Strategy's Bitcoin transfer and a massive leveraged short have intensified attention on Bitcoin's next move...

Newsletter

Don't miss

Bitcoin Miners are Leaving the Network. Will It Impact BTC Price?

Bitcoin's hash rate slump hits a record 9 months as miners pivot to AI. Difficulty goes negative for only the second time. The post Bitcoin Miners are Leaving the Network. Will It Impact BTC Price? appeared first on BeInCrypto...

White House Now Reviewing Crypto Clarity Act Ethics Text Ahead of August Deadline: Report

Time is running out to get a vote on the long-awaited crypto Clarity Act, though bipartisan work is intensifying with the White House reviewing the latest draft behind closed doors, according to reports.  Senator Thom Tillis said that bipartisan language drafted and sent to the White House last week is currently being reviewed by the

Senator Warren questions US AI chip policy after Trump crypto investment: Report

Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain the administration’s policy toward the United Arab Emirates following the country’s investment in President Donald Trump’s family-backed cryptocurrency venture, World Liberty Financial. According to a Wednesday CNBC report, Warren sent a letter to Commerce Secretary Howard Lutnick asking for an explanation for the

Strategy moves $66M Bitcoin as a $102.6M short appears: Is a volatility spike coming?

Strategy's Bitcoin transfer and a massive leveraged short have intensified attention on Bitcoin's next move...

Bitcoin Red Team Finds 85 Critical Flaws Across 390 Open Source Repos After Coldcard Exploit

Rallied by the recent, catastrophic vulnerability in Coldcard hardware wallets, exploited to the tune of over $100 million, the Bitcoin community has rallied to prevent future critical bugs in the industry’s open source software. PSA: Any users of Coldcard wallets that have not migrated their bitcoin to new seeds generated in secure firmware are still

The business of football

Mar­i­ano Browne The FI­FA World Cup is the largest sin­gle-event sport­ing com­pe­ti­tion in the world. No sin­gle sport­ing event match­es the sin­gu­lar, world­wide fo­cus and tele­vi­sion view­er­ship of the World Cup. The 2026 ver­sion is es­ti­mat­ed to have reached over 5 bil­lion peo­ple, out of the world’s 8.3 bil­lion. It is the most pop­u­lar sport

‘Sabah is open for business’: Hajiji courts investors with promise of sustainable growth, carbon‑negative credentials

Sabah is pitching itself as an Asia-Pacific hub for impact investing, betting that its forests, biodiversity and natural resources can become drivers of economic growth as it seeks private capital for sustainable development. — Picture by Firdaus Latif By Julia Chan First Published: Monday, 13 Jul 2026 11:44 AM MYT KOTA KINABALU, July 13 —

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...