Obtain your C of O for shops in govt markets, Anambra tells traders

May 26, 2021
3 Views

/* custom css */
.tdi_59.td-a-rec{ text-align: center; }.tdi_59 .td-element-style{ z-index: -1; }.tdi_59.td-a-rec-img{ text-align: left; }.tdi_59.td-a-rec-img img{ margin: 0 auto 0 0; }@media (max-width: 767px) { .tdi_59.td-a-rec-img { text-align: center; } }
Advertisement

By CHUKS EKE
Anambra State Government has called on Market Leaders in the state-owned markets to obtain Certificates of Occupancy (C of O) for their shops in various markets to ensure valid proof of ownership for traders.
Commissioner for Trade and Commerce, Charles Uchenna Okafor who gave the charge during a meeting with stakeholders and market leaders yesterday in Awka, said the decision was reached as a result of several complaints received from Local Government authorities.

Represented by the Permanent Secretary of the Ministry, Mr Samuel Ike Chinedu, Okafor disclosed that state government through the Ministry of Trade and Commerce would issue C Of Os only to only traders who have obtained their allocation papers from the LGs
In the complaints, it was noted that some traders violate protocols by refusing to acquire allocation papers for markets located within the domain of their LGs.

The commissioner explained that a Website would be created to capture and store all data pertaining to traders, who had secured their C of O: their names, shop numbers contained that could be accessed by these traders from any part of the World.

Mr Edwin Muozom, a market leader from Nnewi zone noted that some persons in his market sold a particular shop for more than five times, stressing that the certificate would end strife among traders with regards to ownership.

/* custom css */
.tdi_58.td-a-rec{ text-align: center; }.tdi_58 .td-element-style{ z-index: -1; }.tdi_58.td-a-rec-img{ text-align: left; }.tdi_58.td-a-rec-img img{ margin: 0 auto 0 0; }@media (max-width: 767px) { .tdi_58.td-a-rec-img { text-align: center; } }

Advertisement

The Chairman, Bridge Head Market Onitsha, Mr Sunday Obinze suggested that the information should simply be conveyed without any application of force.

Reacting on the timing, the leader of Idemili of Anambra State Markets Amalgamated Trades Association, ASMATA, Anthony Onwueteaka insisted that the cost of registration was high and should not be raised in this election period.

The Special Assistant to the Governor on Trade and Commerce, Mr Albert Ibekwe said the concept was beneficial because traders could offer their C of O as collateral for bank loans.

Ibekwe added that in case of death of the owner, the certificates could easily be transferred to the deceased’s next of kin.

You may be interested

Setting up university goes beyond having large buildings — FUNAAB VC
Entertainment
Entertainment

Setting up university goes beyond having large buildings — FUNAAB VC

admin - June 17, 2021

Professor Felix Kolawole Salako, a Fellow of the Soil Science Society of Nigeria, currently serves as the sixth substantive vice…

Boy, 16, drowns in open water in Kano
News
News

Boy, 16, drowns in open water in Kano

admin - June 17, 2021

The Kano State Fire Service has confirmed the death of a 16-year-old boy, Muhammad Ghali, after drowning in an open…

BREAKING: Eguma, Rivers United Coach Reportedly Kidnapped
News
1 views
News
1 views

BREAKING: Eguma, Rivers United Coach Reportedly Kidnapped

admin - June 17, 2021

By Centus Nweze There is a disturbing reports form a top source disclosing that Rivers United coach, Stanley Eguma has…

Leave a Comment