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Democracy Newsline Newspaper > News > News > KOGI’S ULTRA MODERN MARKET TO TRANSFORM COMMERCE ACROSS NIGERIA – GOVT
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KOGI’S ULTRA MODERN MARKET TO TRANSFORM COMMERCE ACROSS NIGERIA – GOVT

Democracy Newsline
Last updated: 2026/08/03 at 1:15 PM
Democracy Newsline 2 weeks ago
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KOGI’S ULTRA MODERN MARKET TO TRANSFORM COMMERCE ACROSS NIGERIA – GOVT

The Kogi State Government has said the Lokoja Ultra Modern Market, currently under construction, is poised to transform commerce across Nigeria by leveraging the state’s strategic location at the nation’s crossroads and providing one of the country’s largest and most modern trading hubs.

The Government said the market, which sits on 25 hectares of land, will accommodate traders from seven existing markets across Lokoja and provide a well-planned commercial environment that will enhance trade, improve safety, ease traffic congestion and stimulate economic growth.

The Commissioner for Information and Communications, Kingsley Femi Fanwo, stated this on Monday while inspecting the pace of work at the project site in Lokoja.

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He described the project as one of the flagship initiatives of Governor Ahmed Usman Ododo’s administration, saying it is a critical component of the Government’s Urban Renewal Agenda aimed at transforming Lokoja into a cleaner, smarter and more organised capital city.

Fanwo said the administration is implementing a comprehensive strategy to modernise the state capital through environmental reforms, improved infrastructure and strategic investments that will support commerce and enhance the quality of life of residents.

“We want to clean up Lokoja. But in doing that, we need to have short, medium and long-term plans. While the Ministry of Environment and Ecological Management is doing a great job to make the capital city clean, we are launching an ambitious Urban Renewal Agenda that will make Lokoja one of the smartest and cleanest state capitals in Nigeria,” he said.

The Commissioner explained that the existing International Market at Nataco had outlived its original design and now poses serious traffic, environmental and safety challenges.

“The International Market at Nataco did not envisage the challenges it has created over the years. It has contributed to congestion in the state capital and exposed many people to avoidable road accidents. That will change from next year when traders begin moving into the Ultra Modern Market,” he said.

Fanwo noted that Kogi’s location at the centre of Nigeria gives the new market a unique advantage, saying it is strategically positioned to serve businesses from every region of the country.

“Kogi is at the heart of Nigeria. Every major route in the country passes through our state. That strategic advantage makes this market a national commercial hub in the making. Traders and investors from every region of the country will find Lokoja the most convenient place to do business. This is why we are confident the Ultra Modern Market will transform commerce, not just in Kogi State, but across Nigeria,” he said.

He disclosed that the market will feature open trading spaces, lock-up shops, market halls, technology hubs, banking facilities, a clinic, fire and security stations, a food court, a modern butchery, state-of-the-art warehouses, ample parking areas and other supporting infrastructure designed to meet international standards.

According to him, the integrated design of the market will provide a safe, efficient and technology-driven environment for commerce while attracting investors, manufacturers, wholesalers and retailers from across the country.

Fanwo added that the project is expected to create thousands of direct and indirect jobs, strengthen small and medium-scale enterprises, boost internally generated revenue and further establish Kogi State as a leading destination for investment and trade.

He described the project as one of the enduring legacies of the Ododo Administration, saying it reflects Governor Ahmed Usman Ododo’s commitment to building infrastructure that will deliver lasting economic benefits for the people.

“This is a legacy project. When people talk about Governor Ahmed Usman Ododo, the Ultra Modern Market and the Airport will rank among the projects that have changed the face of Kogi State,” he said.

The Commissioner commended President Bola Ahmed Tinubu for creating an economic environment that has enhanced the capacity of sub-national governments to undertake transformative infrastructure projects.

“We appreciate President Bola Ahmed Tinubu for the policies that have improved the financial position of states and made projects like this possible.

“In 2027, Kogi will repay him with abundant votes. No one can compete with him in Kogi State because no one has directly or indirectly sparked development in our state like Mr. President,” he said.

Fanwo assured residents that the Ododo Administration would continue to pursue people-centred projects that strengthen the state’s economy, improve the ease of doing business and consolidate Kogi’s position as the gateway connecting every region of Nigeria

End

 

(DEMOCRACY NEWSLINE NEWSPAPER 3RD AUGUST, 2026)

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TAGGED: KOGI'S ULTRA MODERN MARKET TO TRANSFORM COMMERCE ACROSS NIGERIA – GOVT
Democracy Newsline August 3, 2026
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