By: Yakubu Dati,
The menace of drug trafficking and abuse coupled with its spiraling effect of cultism and crime, is a cankerworm ravaging the youthful population in Nigeria, with Plateau State feeling the brunt.
This concern formed the nucleus of discourse with the Plateau State Commandant of the NDLEA, Mr. Umar Yahuza, where he lamented a surge in the use of narcotic drugs as evidenced in the arrests and convictions of drug traffickers lately.
It is the root cause of this menace that Governor Simon Lalong is attacking by providing massive employment and engagement for youths by pumping over Nine (9) Billion Naira into the ongoing construction of the British/America flyover bridge.
With this initiative, the teeming youths in the state are already being engaged in various ways, as construction superintendents, project engineers, construction estimators, construction inspectors, journeyman electricians, plumbers, pipefitters, carpenters and artisans.
The multiplier effect is the creation of a new stream of income for food vendors, recharge card sellers and transporters, amongst others. This in turn, will improve the local economy, as the workers employed in the project will have wages to pass along to other local businesses.
But, that is just the beginning of the mission by the Lalong administration to rescue the state from unemployment and poverty, which fuels youth restiveness.
The construction of the Jos Main Market is another well thought out project that will double the domino impact of these benefits.
It can be likened to the Indian construction industry, which employs about 51 million people – the second-largest employer – and contributes around 9% to the country’s GDP and in addition, creates more than 45 million direct and indirect jobs in the Asian country.
The British/America flyover and the Jos Main Market are sure to play a significant role in the aggregate economy of the state in terms of its contribution to revenue generation, capital formation and employment creation, which ultimately supports the Gross Domestic Product (GDP) and socio-economic development.
The wages and personal income earned by these workers will improve and enable citizens to pay their sales and property taxes.
With these, the internally generated revenue of the state is bound to increase astronomically in the coming days, as Governor Simon Lalong reinvents the “civil service” state into a pool of budding entrepreneurs.
One recalls that, it was in the year 2015 that, Lalong, then the All Progressives Congress (APC) governorship candidate in Plateau State, made a vow at the Nenpun Arena in Pankshin Local Government Area of Plateau state, to rebuild the Jos Terminus Main Market, if elected into office.
As a man, who walks his talks, Lalong did not forget the pledge he made to the people hence, kick-started the process for its realization.
After several preliminary works that included a survey on the site and later bringing the old structure down, the Governor awarded the contract for the rebuilding of the market last month, ending the search for a viable investor, which started in August 2016, but yielded little results until respite came from Jaiz Bank PLC, with an offer to fund the construction with acceptable model.
The concept designs and financial projections was subjected to a rigorous process by relevant Government Ministries, Departments and Agencies (MDAs) made up of the Attorney General and Commissioner of Justice, Ministries of Commerce and Industry, Housing, Bureau of Public Private Partnerships, Debt Management Office, Plateau Investments and Property Company (PIPC) Ltd; under the meticulous lens of the Harvard trained Chief of Staff, Noel Donjur.
After robust engagement, the Plateau State Executive Council, approved the engagement of Jaiz Bank in tow with their recommended contractor, to deliver the project in 12 months at the cost of N9.412 billion naira, all things being equal.
This is 37 years after the market was commissioned in 1985, and 20 years after the market was destroyed by fire in the year 2002.
As expected, the award of the contract, which marks a significant step towards rebuilding the edifice and towards fulfilling the promise made by the governor, has been greeted with excitement because of the potentials it holds to the state government as a revenue earner, to citizens as a center of commerce and others as a tourist’s site.
What many do not understand is that, in awarding the contract, Governor Lalong has also worked out quite a number of benefits to save the state from incurring further costs in its bid to rebuild the market.
The first is that, the contract would be carried with a zero interest, as Jaiz Bank, which won the N9.4 billion contract, to rebuild the market under a PPP agreement, will do so at a zero percent interest.
With so much needed to carry out other projects, the state government has hit the bulls eyes with this arrangement by freeing what would have been debited as interests for the contract to be used for other projects.
By this, the state government is keying into the financial tact of the Federal Government and world best practices, which focus on award of contracts under similar interest free arrangements, to save the government funds to develop other sectors.
The market on completion is projected to consist of 3-floor edifice of 4,312 shops at an estimated construction rate of N98,000/sqm, with the standard shop size of 3m x 4m = 12sqm.
As the bank is enabled to appoint the contractor based on competence and to supervise work till it is delivered to specification, the agreement comes with a form of guarantee on both quality and meeting of deadline.
The idea of rebuilding the market also comes with innovation that will revive trade and commerce on the Plateau and boost the economic potentials of the state.
In addition to the 4231 shops, adequate provision for spaces to house banks, a park, police station and Admin Block have also been made to adequately address issues of security and maintenance.
Having over 4,000 number of shops concentrated in one place is like housing multiple plazas in one place or constructing a mini Dubai!
With the burning of the market in 2002, the state has for the past 20 years endured the absence of a major commercial nerve center that galvanizes both commercial and social activities of that magnitude.
The Jos main market in its hey days, used to contribute about 40 to 50% of the state’s internally generated revenue while pulling major investors, entrepreneurs and others to the state because of its potentials.
With its breathtaking architecture, colourful design and towering height, it was more than a place for the exchange of goods, but had become a social center for meaningful interaction, which fosters unity and cohesion among the diverse groups in the state.
As the brain child of our respected founding father of Plateau, Joseph Gomwalk, every Plateau citizen views the market with a sense of nostalgia.
Incidentally, it was General Muhammadu Buhari, who as Head of State, who commissioned the market in 1985, under the then Military Government of Samuel Atukum.
What a better way to relive the 37 year old memory than rebuilding the market under the President Buhari’s administration and handing it over to the people in May 2023.
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