By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Abuja UTC Shop Owners To Relocate To Temporary Site
Share
Sign In
Notification Show More
Latest News
Spiro Nigeria Fuels Innovation as Official Sponsor of the E1 Grand Prix In Lagos
Metro Motoring News Transportation
LCCI Auto Symposium Beams Searchlight On Non-Passage Of NAIDP Into Law
Business Economy Metro News Transportation
Abuja International Trade Fair: NDIC Marks Special Day,  Reinforces Commitment to Financial Stability, Inclusion
Business Economy Metro News
NGO advocates strategies to strengthen peacebuilding initiatives across Nigeria-Benin border
Civil Society Organisations Conflict Foreign Metro News Politics
ARCN Seeks Stronger Collaboration with Military on Food Security as Executive Secretary Visits Defence Headquarters
Agriculture Civil Service Defence News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Abuja UTC Shop Owners To Relocate To Temporary Site
Business

Abuja UTC Shop Owners To Relocate To Temporary Site

Publisher
By Publisher Published May 21, 2023
Share
4 Min Read
SHARE

 

A temporary site has been completed next to the current market for the relocation of the over 472 store owners and traders in the Union Trading Company (UTC) building, also known as UTC Area 10 market.

This came after an agreement between Urban Shelter Limited and Abuja Investment Company Limited in 2021, which was executed on behalf of the Federal Capital Territory Administration.

Urban Shelter Limited’s technical coordinator, Engr. Ayodele Kolawole, made this disclosure during a Saturday examination of the temporary market site.

The essential steps, according to him, have been taken to guarantee that nobody’s livelihood is disrupted or that anyone is underserved.

According to him, the UTC market building was becoming a slum and threat to the lives of traders and customers, considering its years of existence.

Kolawole, however, revealed that the remodeling, which will last for the period of two years would be done in sections, as part of the resolutions reached with the traders, shop owners, Abuja market management , Urban Shelter Limited and Abuja Investment Company.

He said prior to the commencement of the remodeling plan, all parties involved had agreed with Minister of FCT endorsement.

According to him: “The temporary market site for relocation of UTC traders and shop owners from the existing market is ready, there is nothing to fear, they had over 472 shops there but in the temporary site the shops are 480.

“The market is going to be redeveloped, Minister of FCT want the environment to be facelifted because the area is becoming a slum.

“The Minister had directed that the market should be given a facelift, and the facelifting is the redevelopment, total redevelopment.

“The developer, Urban Shelter with Abuja Investment Company Limited have put human face in the matter right from the beginning. They don’t want to push people away from the place they are earning their daily living and throw them into confusion, that is why we have put the necessary measures in place to migrate the traders to the temporary site.

“prior to the decision, there was a town hall meeting between traders, the executives and members including other key stakeholders, and they both agreed that they will move to the temporary site, aside the temporary side there were options given to them, but they said they done want to go far away from their business environment because of the fear of losing customers”

One of the traders who spoke with Journalists in the temporary site, Uche Paul, said: “We have paid money since waiting for the relocation, they said after building the place we will go back, we ready, most of us have finished paying, the developer is the one that is slow”

A former chairman of the traders in the market, Lanre Ajayi also explained that: “I have paid for my shop, so how can someone said that we don’t want to move”

According to him, those refusing to relocate are few individuals that have engaged in exploiting traders, “some of them are shop agents, others are agent of 20 to 30 shops that is their means of livelihood, they don’t want to leave. We have over 472 shops in the old place but those that stay in those shoes are close to 700”

Like this:

Like Loading...

Related

You Might Also Like

LCCI Auto Symposium Beams Searchlight On Non-Passage Of NAIDP Into Law

Abuja International Trade Fair: NDIC Marks Special Day,  Reinforces Commitment to Financial Stability, Inclusion

PTAD Begins Payment of ₦32,000, Percentage Pension Increments Following ₦20 Billion Fund Release

Abuja International Motor Fair Shifts Nigeria’s Auto Industry Into High Gear, Ignites Passion 

Dangote Petroleum Refinery Reorganisation: Commitment to Safety, Integrity and Workers’ Rights

TAGGED: Abuja UTC Market

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher May 21, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Speakership Race: G7 Meets “Greater Majority ” , To Present Consensus Candidate
Next Article FG Commissions NSCDC’s   Command College In Jos,  Inaugurates 500 Course 1 Participants
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Spiro Nigeria Fuels Innovation as Official Sponsor of the E1 Grand Prix In Lagos
Metro Motoring News Transportation October 3, 2025
LCCI Auto Symposium Beams Searchlight On Non-Passage Of NAIDP Into Law
Business Economy Metro News Transportation October 3, 2025
Abuja International Trade Fair: NDIC Marks Special Day,  Reinforces Commitment to Financial Stability, Inclusion
Business Economy Metro News October 2, 2025
NGO advocates strategies to strengthen peacebuilding initiatives across Nigeria-Benin border
Civil Society Organisations Conflict Foreign Metro News Politics October 1, 2025

You Might also Like

BusinessEconomyMetroNewsTransportation

LCCI Auto Symposium Beams Searchlight On Non-Passage Of NAIDP Into Law

October 3, 2025
BusinessEconomyMetroNews

Abuja International Trade Fair: NDIC Marks Special Day,  Reinforces Commitment to Financial Stability, Inclusion

October 2, 2025
BusinessCivil ServiceEconomyLabourNews

PTAD Begins Payment of ₦32,000, Percentage Pension Increments Following ₦20 Billion Fund Release

October 1, 2025
BusinessEntertainmentMetroMotoringNewsTransportationTravel/Leisure

Abuja International Motor Fair Shifts Nigeria’s Auto Industry Into High Gear, Ignites Passion 

September 30, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d