Kurudu mrkt relocation to boost economic activities, says AMAC-IPDC boss
The Managing Director, AMAC-Investment and Property Development Company, AMAC IPDC, Alhaji Yakubu Adamu, has stated that the plan relocation of the multi-billion naira ultra-modern Kurudu market will among others create job opportunities and boost economic activities within area and its environs.
The AMAC-IPDC boss said that the construction of the market which commenced in October, when completed will empower many traders, as they will be provided with modern platform to carry out their trading activities, even as it will ensure that the main streets will be cleaner and healthier for the people of the council.
He also revealed that the project estimated to gulp the sum of N1.6 billion, comprises more than 1,500 shops and warehouses, including fire service, hospital, police outpost and other facilities found in any modern market.
Speaking last week at the company’s maiden press briefing in Abuja, Adamu revealed that although the project was conceptualized by the immediate past administration of the council, the company was ready to ensure its completion within six months stipulated timeframe.
Calling on all existing allottees and interested subscribers to pay for their shops without further delay, Adamu said the company will not continue to wait for uncommitted allottees and subscribers that will truncate the process of developing the market.
"Certificates of allocation will only be issued to subscribers who make full payment. We will not hesitate to revoke allocation papers of allottees who fail to pay for their shops within the specified period," he stressed.
He also revealed that the organisation had secured about 25 hectares of land along Kurudu/Orozo axis where low cost housing estate will be built for the benefit of AMAC residents.