Executive Summary
The Abia State Markets Amalgamated Traders Association (ASMATA) is advocating for a clear legal framework to include its taskforce in market safety, regulations, revenue collection, and enforcement. ASMATA President, Alphonsus Udeigbo, presented a memorandum to the Abia State House of Assembly Committee on Trade and Commerce, emphasizing the need for accountability and transparency in revenue collection. The association also appealed for laws to curb double taxation and mandate fire extinguishers in markets to prevent fire outbreaks. Salome Obiukwu, the state Commissioner for Trade and Commerce, supports the bill, highlighting its potential to improve markets as key economic drivers. Chijioke Uruakpa, chairman of the House Committee on Trade and Commerce, emphasized the bill's proactive nature in creating a conducive and safe environment for markets.
- Abia House considers bill to enhance market safety, prevent fires, and clarify revenue collection roles, benefiting traders and the economy.
What Is Driving The Story?
- Incessant market fire outbreaks.
- Need for clear legal framework.
- Revenue collection transparency.