
Sokoto government allocates ₦8.4bn to rebuild central market
The Sokoto State Government has approved ₦8.4 billion for the reconstruction of the Sokoto Central Market, aiming to restore business activity after a fire incident disrupted operations a few years ago. The decision was made during the 16th State Executive Council meeting, with Nasiru Dantsoho announcing the project will be handled by 38 local contractors. Governor Ahmed Aliyu had previously pledged to rebuild the market, which is a major commercial hub in the state. Additional infrastructure and budgetary approvals were also made at the meeting on June 6, 2024.
What we know
- The State Executive Council approved ₦8.4 billion for the market's reconstruction during its meeting on June 6, 2024.
- Nasiru Dantsoho stated that all 38 contractors are from the Sokoto business community.
- The project is fully funded by the state government to help the market regain its economic importance.
- The Council also approved the draft 2026 budget and a contract for new administrative buildings at the Pilgrims Welfare Agency.
- A technical amendment to the 2025 budget was made, redistributing ₦38.81 billion to critical sectors without changing the overall budget size.