Tragedy as fire destroys a section of Sokoto central market (photos, video)

Tragedy as fire destroys a section of Sokoto central market (photos, video)

- Traders in Sokoto state are unhappy over the fire incident that occurred at a popular market in the state

- The cause of the fire was disclosed by a firefighter

- The state government has commiserated with people who suffered losses in the incident

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Traders have been counting losses after a section of the Sokoto central market was damaged by fire on Tuesday, January 19.

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An official of the state fire service told TVC News that the fire started as early as 5am.

Daily Trust, citing an unnamed firefighter reported the fire started from a generator.

Fire destroys section of Sokoto central market
Picture from the scene of the market fire. Photo: @AWT_Agenda
Source: Twitter

According to reports, traders joined men of the federal and state fire services to extinguish the fire which had already destroyed many shops.

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Meanwhile, the National Bureau of Statistics (NBS) has disclosed that Nigeria’s inflation rose to 15.75 % in December 2020, its highest level in 32 months.

According to figures released by Yemi Kale, the CEO of the NBS via Twitter on Friday, January 15, prices rose by 0.86 % from the 14.89 % recorded in November 2020.

The data also showed that an increase in food prices pushed the food index higher by 19.56 %, while core inflation inched up by 0.32 % to 11.37 % in December 2020.

In another news, Mohammed Babandede, the comptroller general of the Nigerian Immigration Service (NIS) has revealed why the closure of Nigeria’s borders was a great idea for the country.

Still on the economy, the ministry of finance has confirmed the plan by the Nigerian government to sell some government-owned properties to fund the 2021 budget.

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Nigeria’s finance minister, Zainab Ahmed, at a presentation in Abuja on Tuesday, January 12, told stakeholders that the government plans to sell and concession government-owned properties and non-oil assets.

A copy of the presentation by the minister showed that the sales of government property and non-oil asset sales were listed under the additional financing section of the document.

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We are hungry - Traders lament on hiked prices of goods| Legit TV

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