Though a trader in Wuse market in Abuja, Chosen Charles Leonard (Chosen) who operates in a shop he rented from the owner attributed high price of goods and dull business in the market to high rent they pay to the shop owners, but one of the shop owners, Peter Chidolue treated the accusation with a wave of hand, saying that the majority of traders in the market are the owners of the shops.
They spoke separately to The AUTHORITY Daily recently in their shops in the market. Making his facts, Chosen said that some of them pay N1.5 million, while others pay N2 million for a shop annually. He informed that most of the traders were on rent, adding that due to the high rent, most of them end up vacating after the expiration of a year’s rent. Calling for the government’s intervention for the sellers and buyers to benefit from the market, he said that the high rent they pay are transfered to the price goods are sold and bought in the market, which according to him makes the cost of goods in the market very costly.
The handset dealer equally called on the government to assist them eradicate touting in the market before it becomes too late. He allegedly said that the touts don’t allow the customers to buy freely from the shop and customer of their choice, adding that some of them use the opportunity to engage in petty thieving like pick-pocketing. He said that they have reported the case to the authority who have been trying to address the problem.
Though he admitted that touts had over the time been causing hindrances in the market, saying: “Those who don’t have shops are fund of hanging around, embarrassing customers, misleading them,” but Peter Chidolue, the Managing Director of Peter Pan, disagreed in its entirety with Chosen. He said that most of the people doing business in the market are the owners who got them from the authority. He said that most of them, like himself got his own from the authority when the former minister of Abuja, Mallam Nasir el-Rufai revoked ownership of some of the shops from non traders and allocated them to traders in the market. The electronics dealer added that the reason why rents of some shops were high was due to concentration of the traders at a particular place. Chidolue said that rent of shops outside the concentrated area were very affordable. He said that is like that in Utako Ultra Modern Market, Wuse Market, among others that are at the heart of the town.
Lamenting bad market he believed was being caused by recession, Peter Chidolue called on the government to provide for them: security, regular power supplies and other things that would make business excel in the market.
Speaking on the products he sells in the market, Peter Pan informed that 70% of electronics in his shop were foreign ones, just as he added that Nigerian products were available, but was quick to add that they are not as good as their foreign counterparts.