Oyo State Government Distributes Relief Materials to Traders Affected by Fire Outbreaks

The Oyo State Government has taken swift action to support traders affected by recent fire outbreaks in the state. In a significant move to alleviate the economic hardships faced by these traders, the Commissioner for Women Affairs and Social Inclusion, Mrs. Toyin Balogun, announced the launch of a N20 million livelihood support grant for victims of market fire incidents on Tuesday.

Image: Mrs. Toyin Balogun, Commissioner for Women Affairs and Social Inclusion.

Five Markets Affected by Fire in Two Months

No fewer than five major markets in Oyo State have been ravaged by fire in the last two months. These include:

- Sango Market

- Agodi Gate Spare Parts Market

- Gbaremu Market

- Olodo Market

- Oke-Itunu and Oranyan Markets (partially affected)

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The government’s intervention aims to restore the livelihood of traders and ensure they regain financial stability. According to Balogun, the support grant is targeted at affected traders in Gbaremu, Sango, Oke-Itunu, and Oranyan markets.

Speaking at the event, Balogun emphasized the importance of the intervention:

“This event is another way the Oyo State Government shows concern for the welfare of its residents. We observed that the fire outbreaks affected not just the direct victims but also their dependents, with each trader responsible for 10 to 20 people. Our goal is to help them regain self-sufficiency so they can continue supporting their families.”

Beyond financial support, the Oyo State Government is taking proactive measures to prevent future fire outbreaks. As part of the initiative, training sessions will be organized for women traders to educate them on fire prevention and mitigation strategies in marketplaces. This move is expected to reduce the frequency of fire incidents and safeguard the livelihoods of countless traders across the state.

Image: Seyi Makinde, Oyo state governor.

Governor Seyi Makinde has prioritized the welfare of Oyo State residents, ensuring that urgent interventions are made to prevent economic downturns caused by unexpected disasters. The N20 million relief fund is only the first phase of the intervention, with more initiatives expected in the coming months.

As Nollywood continues to thrive, many traders rely on film merchandise, local production materials, and market sales to support the industry. The restoration of these markets will not only benefit traders but also boost commerce within the entertainment sector.

At Nollywood Spotlight, we remain committed to bringing you the latest news on socio-economic developments that impact the creative industry. Stay tuned for more updates, and don’t forget to share this post to spread awareness about this important government intervention.

Have you or someone you know been affected by the recent market fires? Share your experience in the comments below!