(AGENDAWATCHDOG) – N781.7m has been earmarked for the reconstruction of the Akesan market in Oyo town, which was razed by an inferno on Jan. 5.
Governor Seyi Makinde flagged off the reconstruction of the market on Wedenesday.
The governor, who had visited the ancient town on Jan. 8 to commiserate with the traders in the market, following the fire disaster, also promised to compensate the traders for the losses suffered as well as rebuild the market.
Makinde also said that the project would be in two phases and would be completed within a year, assuring the traders in the market that the original shop owners would be considered first when allocating the new shops, adding that an indigenous construction company, Mortayus Nig. Ltd, had been contracted to handle the reconstruction of the market.
Present at the event were the Alaafin of Oyo, Oba Lamidi Adeyemi, the Caretaker Chairman of Oyo East Local Government Council, Mr Saheed Adeyemi, and other prominent Oyo indegenes, who commended Makinde for fulfilling the promise he made when the market was burnt.
POTENTIAL IMPACT: Gov. Makinde’s prompt action in reconstructing the burnt market will no doubt ameliorate the plight of the traders that lost their means of livelihood and further boost the commercial life of Oyo town and the state in general.