Onitsha Market Shutdown: Anambra Loses N19.6bn Every Monday – Lawmakers Back Soludo
Lawmakers in the Anambra State House of Assembly have thrown their weight behind Governor Chukwuma Soludo’s decision to shut down the Onitsha Main Market, citing massive economic losses estimated at N19.6 billion every Monday due to traders’ continued observance of the sit-at-home order.
According to Daily Post, the lawmakers said the figure reflects the scale of commercial activities disrupted weekly in Onitsha, one of West Africa’s largest markets, and underscores the urgent need to restore normal business operations.
Legislative Backing for Governor
During plenary on Tuesday, members of the House described Soludo’s move as bold and necessary, arguing that the prolonged shutdowns have severely impacted traders, transporters, and the state’s internally generated revenue.
One lawmaker said the sit-at-home compliance has not only crippled commerce but also affected livelihoods across the value chain, from wholesalers and retailers to artisans and logistics operators.
Soludo’s Directive
Governor Soludo had earlier ordered the closure of the market for one week after an unscheduled visit revealed that many shops remained locked on a Monday, despite government assurances on security.
The governor warned that the shutdown could be extended to one month if traders fail to resume full operations, stressing that fear-driven compliance with sit-at-home orders was hurting the state’s economy.
Economic Impact
Onitsha Main Market is a major commercial hub serving traders from across the South-East and beyond. Analysts say the estimated N19.6 billion weekly loss reflects not just direct sales but also ancillary businesses, transportation, and supply chains tied to the market’s activities.
Mixed Reactions
While some traders welcomed the lawmakers’ support for the governor, saying a return to normal business is long overdue, others expressed concern over safety and called for stronger security guarantees before fully reopening.
Call for Stakeholder Engagement
The Assembly urged the state government to continue engaging with market leaders, security agencies, and community stakeholders to ensure a peaceful and sustainable return to business.
Source: Daily Post