FG donates N5bn to victims of Kano market fire
The Nigerian Federal Government has donated N5 billion to support traders affected by a fire at the Singer Market in Kano.
The Federal Government of Nigeria has stepped in to assist traders affected by a significant fire incident that erupted at the Singer Market in Kano, which resulted in severe losses. A donation of N5 billion was announced by Vice-President Kashim Shettima during a visit to the devastated market, with the aim of providing immediate relief to those impacted by the tragedy. This timely intervention is targeted at enabling victims to rebuild their businesses and revive economic activities in the area.
During his visit, Vice-President Shettima expressed the government's solidarity with the victims, marking the fire as a national tragedy that extends beyond the local community of Kano State. He acknowledged the extensive damage caused, which destroyed goods and properties worth billions of naira, plunging many traders into financial hardship. The governmentβs commitment to supporting the affected individuals is a step towards recovery and future resilience against such disasters.
This significant financial support aligns with the current administration's broader policies aimed at bolstering economic stability and ensuring quick recovery plans in the aftermath of crises. By addressing the immediate needs of those affected, the government seeks to restore normalcy to the market square, which is a vital hub for local commerce and trade.