Governor Abdullahi Umar Ganduje of Kano state, has contributed N500 million to support victims of the fire outburst that ravaged Sabon Gari market early in the year.
Mr Ganduje revealed the package at the signing of a contract between the government and an indigenous company, Brian and Hammers., for the construction of Kanawa Economic City.
The governor explained the money was sourced from Internally Generated Revenue.
He said that because of the humanitarian disposition of the government, it had since set up a committee under Alhaji Aliko Dangote, to launch an Appeal fund to harness money to assist the victims.
Ganduje said the Judicial Commission of Inquiry set up by the administration to look into the immediate and remote causes of the fire had since submitted its report.
A White Paper has been issued, while a committee to ensure implementation of the recommendations has also been established and has commenced work in earnest.
He maintained that the state government was paying serious attention to the development of markets as a result of which structural and road project execution had commenced at Kantin Kwari market.
Construction work at the Muhammadu Abubakar Rimi Market would commence in 2017
Reviewing some of the projects under construction, he said that the proposed Kano light rail project was expected to gulp about $1.85 billion.
Ganduje described it a creditable legacy for future generations, describing the investment as worthwhile.
“Those saying we are obtaining a loan to finance the project hence, leaving a debt burden for our children and grandchildren are indeed economically blind, politically naïve and morally mischievous.’’
The government acquired the loan to bridge the infrastructure deficit in the state, he explained.
Pointing out that the vogue across the world is for developing economies to obtain loans to in order to pay for new development initiatives.
He argued that the light rail project, would on completion, generate huge revenue daily to service the loan.
“Kano is an emerging mega city and one of the best ways to enhance its status and physical outlook as well as attract investors is to provide sustainable transport systems that facilitate mobility and services. That is why the light rail project is our priority.”