Borno governor inaugurates remodelled Banki market to boost trans-border trade
Borno State governor, Babagana Zulum, has said the newly remodelled Banki international market will enhance trans-border trade and contribute to the economy of both Nigeria and Cameroon.
Mr Zulum made this known while inaugurating the market which was destroyed by Boko Haram insurgents.
The market which comprises 128 shops and about 440 market stalls is located around the border with Cameroon.
The Banki cattle market which was the largest in Lake Chad before it was deserted due to Boko Haram activities will be remodelled to meet international standards.
Marketers from Chad, Central Africa Republic and Cameroon boycotted the border market since the escalation of the crisis and the insurgents taking over Banki and other communities.
Mr Zulum said that the market was equipped with modern facilities such as water and sanitation noting that it will accommodate traders, stimulate economic activities and create employment opportunities for residents most of whom are affected by Boko Haram conflict
The governor noted that he would liaise with his colleague, the governor of the Far North Region of Cameroon Republic to reopen the international cattle route previously used for the supply of cattle from neighbouring countries.
Mr Zulum also laid the foundation for the construction of a new international market dedicated to cattle businesses in Banki town.
“Recently we completed the construction of a cattle market in Gamboru Ngala. We will ensure the prompt release of funds for the building of an international cattle market project and I believe it will be completed in 90 days.” he said.
He urged the authorities in Cameroon to join him in promoting trans-border trade and called for the creation of more avenues for international students’ exchange.
The governor also commissioned five units of two-bedroom bungalows to address accommodation problems for teachers and enhance teaching and learning.
The event was attended by The Governor of the Far North Region of Cameroon, Bakari Mjinyawa, the Shehu of Bama, Umar Shehu-Kyari, members of the House of Representatives, and House of Assembly members among other senior government officials.
(NAN)
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