Project

The Kaduna Market Development and Management Company as part of its programme to promote equal opportunity and economic development in Kaduna communities is constructing the burnt Kasuwan Magani Market with the goal of accommodating the burnt shop owners and other persons who are interested in owning shops. Perceptions that there are insurmountable barriers to securing trading places in markets will be erased in the new expanded market.

The Kasuwan Magani Ultra-Modern Market will have 2024 shops which include lock up shops, open stalls, meat dressing slabs, abattoir and warehouses and 398 car parking spaces. Facilities at the market will include police post, clinic, banking hall, fire service area, electricity and clean water supply in compliance with regulatory requirements for a modern market. The construction contract has been awarded to CCECC Nigeria Limited, a foremost Chinese Construction Company. The construction of the new market is expected to be completed in the last quarter of 2020 at the cost of N2.78Bn.

To support the interested buyers of stalls in the market, the KMDMC is working with Sterling Bank to provide a mortgage facility at 9% interest rate per annum.