
Residents of the Federal Capital Territory (FCT) have commended the Minister, Nyesom Wike, for opening the newly constructed Karmo District Market for business.
Some residents, especially traders around the Karmo district, spoke with the News Agency of Nigeria (NAN) yesterday in Abuja on the sidelines of the market’s official commissioning.
The market was built through a Public-Private Partnership between Abuja Investments Company Limited (AICL), Rural Homes, and other partners.
According to the residents, the Wike-led FCT administration’s feat of opening the market, which took over seven years of construction, is commendable, as it will boost economic activities in the area.
Mr Francis Adamu, a fabric dealer, said: We are happy that 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 ensuring the long wait is over, and other partners, especially the Rural Homes, must also be commended.”
A dealer of 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 surely 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 the government’s efforts to promote economic growth in the territory.
“This project clearly demonstrates 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 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 FCT’s revenue generation.
“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, which remains our word,” she said.
Sa’adatu Aliyu, Managing Director of Rural Homes, said the market is developed on 9.9 hectares of land and has over 2,500 well-organised shops for different categories of goods and services.
She said the market sections include the farmers’ market’s cold room and meat sections, with over 150 stalls and 100 enclosed units.
“We have duplexes here for offices, including banks, clinics, and fire services, which 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 this market is 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 flexible payment plans are available,” she said.



