Governor Wike Approves N200m Intervention Fund For Timber Market Fire Victims
In a move to assist victims of the inferno that ravaged the Timber Market, Mile Three in Port Harcourt, Rivers State Governor Nyesom Wike on Friday approved the release of N200 million to help the affected traders rebuild their stores and businesses.
Wike, who led top government officials to inspect the extent of damage at the Timber market, sympathised with all those who lost their wares to the inferno.
He said his administration would always stand by the people by taking necessary steps to encourage businessmen.
He said: “I am here to sympathise with you over the unfortunate fire incident that ravaged portions of this market. This is a sad development which has affected the sources of income of many of you.
“This administration will always ensure that it caters for the welfare of all residents of the state. I have approved the sum of N200 million as an intervention fund to assist victims of this unfortunate incident”.
The governor directed the State Commissioner for Special Duties 2, Mr Emeka Onowu, to liaise with the leadership of the market to ensure the proper use of the intervention fund for the revival of the market.
Affected traders in the market broke into spontaneous celebration following the announcement of the intervention fund by the governor.
