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Nairaland Forum / Nairaland / General / Politics / Onitsha Main Market:what Makes It Boom In The West Africa Sub-region (1264 Views)
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Onitsha Main Market:what Makes It Boom In The West Africa Sub-region by investnow2013: 5:17pm On Jul 29, 2016 |
  Onitsha Main Market: What makes it boom in the West African sub-region  The Onitsha Main Market, Anambra State, is a melting point for business transactions (buying and selling) and constitutes the biggest in the West Africa sub-region. The AUTHORITY Correspondent, THEO RAYS , gives insight on what made the market boom. The Onitsha Main Market is no doubt a world of its own. Nothing could be prompt enough to define the market believed to be the largest place of buying and selling in the West African sub region. Call it a city of aquatic splendor or the ocean of business or even the Biblical Canaan land you are not far from the truth. Which ever description ascribed to the market, the point is that the market often refered as Otu Nkwo by natives remain the pride of Onitsha Ado, the commercial nerve center East of the Niger. For decades the Onitsha main market has not only continued to accommodate the influx of people as traders into the commercial city, but also remains a sanctuary of life progress where people have the opportunity to rise from nobody to somebody and from puppets to millionaires. In most cases young boys who moved into the market empty handed as apprentice turned out to be millionaires after some years. Truly speaking, Onitsha main market is a happening point of business with immeasurable structures and overwhelming population of traders. Clustered by the almighty River Niger, other sub markets and gigantic plazas, the market is expanding in size day by day as traders take every available opportunity to erect big and small structures to expand their businesses. The endless erection of structures has apparently turned the market from a well organized business environment to a planless society. The Otu Nkwo has no doubt moved from a unique structure to heavily crowded environment with a bewildering look of goods, mostly men, ladies and children’s wears as samples for sales at every turn of eyes. The crowded nature of the market shows the eternal interest of Ndigbo in buying and seeking business. The indiscriminate erection of plazas around the market has turned the environment to something else. The sub markets surrounding the main market like Marine Modern market, Relief market, plazas like Emeka Offor,Young Shall Grow and others with Link roads like bright street, new market road, old market, Ajasa street. Johnson street, William street, Kano street, Sokoto road, Ogalomye, More street, Bida road, Haruna street, Okwei street, Saniez street, and Pam Pam lane among others are crowded with traders in such overwhelming look that strangers mistakenly see them as the main market itself. All these faces among other many others have all combined together to give the market a status of a city of aquatic splendor. Again, the market has every evidence needed to be called ocean of business considering the high degree of businesses of buying and selling, importation, supply and even manufacturing enterprise among traders in the market. Further, Onitsha main market is like the Biblical Canaan land fully endowed with milk and honey for the welfare and progress of the inhabitants. Milk and honey in the sense that people always have the opportunity to make a progressive living. The market stands like an eternal bread feeder to the people from various part of Igbo land mostly. It is ever accommodating for beginners and that distinguished it from other markets. It is interesting to realise that minor businesses are fully part of the market’s day to day activities. In the market one could see people involved in various lower categories of businesses like petty trading, hawking of sachet water, nylon bags, Coca Cola products, pepsi and other beverages, gala, meat pie, and sausage rolls. Also, Moi moi, food vendors, lottery and raffle operators and what have you are doing wonderfully well in attending to their financial needs. And before you know it, they will start buying lands to build houses, buy cars and other things to announce that they have arrived. There are many unions in the market as people form such unions to regulate their businesses. For instance, operators of lottery and raffle business have a union that oversees their operations. Raffle is a popular and serious business in the market. These unions requires certain criteria for admission of people into their fold. Some have stringent conditions for admission so as to minimize the number of people involved in the kind of business they do. The market also have various structures of leadership such as line chairman and his executive, Zonal chairman and his executive and the market union otherwise called Onitsha Main Market Amalgamated Traders Union (OMMATU). They also have task force that enforce laws and order in the market. Each line have a task force made up of few young men in addition to the over all market task force team. Heavy fine and punishment awaits fighting and quarrelling in the market. Some lines impose fine of N5,000 on people that engage in two fighting. There are three zones of Zone A, B and C. The traders who are predominantly Christian rely on prayers for protection and progress in business. The entire market normally have prayer session every Monday from 7am to 9am. Similarly, most of the lines inside also do have prayer schedules within the week. Some chose Tuesday others Wednesday or thursday and so on. The traders don’t joke with prayers even though there are people who practice traditional religion among them. Unlike the previous years , traders in the market are now equipped with information and communication gadgets using laptops, iPad and android phones to exchange information and communicate their partners and customers around the world. And like the saying goes, that all works and no play makes jack a dull boy, the traders have television sets for watching home videos and European football as most of the traders are fans of notable clubs like Manchester United, Chelsea, Liverpool, Barcelona and Real Madrid A visit to the market shows that it is difficult to pin point where the market starts and where it ends as an entity because everywhere is surrounded with all kinds of faces of goods mostly men, ladies and babies wears displayed downstairs and upstairs. However despite the large size of the market, the environment is devoid of congestion and well cleaned and well sanitized. A visit to the market, one finds that there is easy flow of human and vehicular movement. Speaking to The AUTHORITY, Chairman of the market Union, wise Chidozie Okeke, said that his administration is repositioning back to its former glory with good waste managements, adequate security and measures for decongesting the market. Okeke’s administration which was recently elected into office assured that the market would enjoy adequate security, easy flow of traffic, good waste management and a decent business environment devoid of nefarious activities of criminals and touts, adding that his priority is to ensure that people always feel comfortable coming into the market to do their businesses . Asked to comment on the relationship of traders and government, Okeke said that the Amalgamated Market Market Traders Association of Anambrs state (AMATAS) under chief Okwudili Ezenwankwo has bridged the gap between traders and government in all the markets in the state, adding that main market is not exempted. Further, he assured that there is presence of the state government in the market. “We are enjoying the support of government under our Governor Chief Willie Obiano. The Governor gave us fire service station and other things that have lifted the face of the market and most importantly is that under the Governor, government is accessible to us as he gives us attention anytime we reach out to the state” The chairman said that the market is open for business as ever, pointing out that the Igbo traders who were affected by demolition of Oshodi market and other places in Lagos have the opportunity to come back to the market and start business. “We have shops which are available at an affordable rate either for rent or outright buying” Like any entity where the good, the bad and ugly are encountered, traders and visitors in the market often encounter pick pockets, handset snatchers and outright armed robbers who rob people at gun point. There are many cases about people loosing their money and other valuable in the market. And although the market leadership is bent on ensuring adequate security, traders and visitors are always advised to be very careful to avoid loosing money and other valuable to thieves in the market. http://authorityngr.com/2016/07/Onitsha-Main-Market--What-makes-it-boom-in-the-West-African-sub-region/ 1 Like
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Re: Onitsha Main Market:what Makes It Boom In The West Africa Sub-region by sarrki(m): 5:17pm On Jul 29, 2016 |
K |
Re: Onitsha Main Market:what Makes It Boom In The West Africa Sub-region by arushiuga(m): 5:22pm On Jul 29, 2016 |
ahia onitsha ahia kachasi na Africa nile. 3 Likes |
Re: Onitsha Main Market:what Makes It Boom In The West Africa Sub-region by EMMYLBANKS(m): 6:02pm On Jul 29, 2016 |
with my loaded pistol waiting for any yellowbar fellow to come here and type rubbish 2 Likes |
Re: Onitsha Main Market:what Makes It Boom In The West Africa Sub-region by johnmartus(m): 6:15pm On Jul 29, 2016 |
exaggeration at it peak ![]() |
Re: Onitsha Main Market:what Makes It Boom In The West Africa Sub-region by BankeSmalls(f): 6:17pm On Jul 29, 2016 |
Space book |
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