FG Approves N5 Billion Relief for Kano Market Fire Victims

The Federal Government of Nigeria has approved a N5 billion intervention fund to assist victims of the devastating fire that occurred at the Singer Market in Kano. This announcement was made by Vice President Kashim Shettima, who indicated that the intervention aims to support traders affected by the major inferno that destroyed their goods and livelihoods, leaving hundreds struggling to recover.

The approval for the fund came from President Bola Ahmed Tinubu. Additionally, the newly elected governor from the Progressive Congress has pledged N3 billion to aid the victims of the fire, which is noted as one of the worst market disasters recorded in Kano in recent years.

Market fires have been a recurring challenge in major Nigerian commercial centers, often attributed to electrical faults, leading to significant losses. Earlier this year, a fire broke out in the country’s largest technology market, destroying computer accessories, prompting emergency responses to prevent further damage.