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May 29, 2024

Market Trader Union Vows to Fight Unstable Market Prices, Others

The National Union of Market Traders Employers of Nigeria (NUMTEN), has pledged to fight against several challenges faced by market traders, including unstable market prices.

These challenges include a non-conducive trading environment, unrealistic business profit, unstable market prices, and incessant loss of properties in the market from fire outbreaks.

The union made this pledge while receiving its certificate of registration from the Nigeria Labour Congress (NLC) in Abuja.

NUMTEN President, James Chukwuma, said the union would also protect traders from exploitation and victimization. These threats often come from unscrupulous elements who claim to represent the government. 

He further said: “The idea is to tackle all the identified challenges, vis-a-viz non-conducive trading environment, unrealistic business profit, unstable market prices, incessant loss of property in the market from fire outbreak due to low or bad quality building materials and negligence from the part of market trader and unseen hands.

“In other word, NUMTEN is a symbol of hope that has come to salvage the government’s revenue being siphoned by minority individuals and illegitimate association, who are currently operating in the Nigeria markets. We will get the right revenue into the government purse, and the labour of our members shall not be in vain anymore.”

The union has promised to enter into collaboration with other sister unions in the country, and government agencies. This is to make sure that Nigeria does not remain a consumer, but an industrialised nation, producing fantastic finished goods for consumption by other nations in the world.

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