VP Bawumia Donates GHC 200,000 to Madina Market Fire Victims, Announces New 120-Store Facility

Vice President Bawumia visits Madina market in Ghana, donates $200,000 to fire victims, and pledges to rebuild the market, showcasing the government's support for small businesses.

Ebenezer Mensah
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VP Bawumia Donates GHC 200,000 to Madina Market Fire Victims, Announces New 120-Store Facility

VP Bawumia Donates GHC 200,000 to Madina Market Fire Victims, Announces New 120-Store Facility

Vice President Mahamudu Bawumia visited the Madina Central Market in Accra, Ghana on Thursday to commiserate with market women affected by a recent devastating fire that caused millions of cedis in property losses. During his visit, Bawumia announced plans to immediately begin construction on a new three-storey, 120-store facility to replace the burnt market.

As a gesture of support, the Vice President donated GHC 200,000 to the victims of the fire. Additionally, the CEO of the Ghana Enterprises Agency pledged financial assistance to help the affected traders restock their businesses and get back on their feet.

Bawumia, who is also the flagbearer of the New Patriotic Party (NPP), received a warm welcome from the market women upon his arrival. He expressed his sympathies for their losses and reiterated the government's commitment to swiftly rebuild the market.

"We are here to let you know that we feel your pain and to assure you that a new market will be constructed immediately to replace what has been lost," Bawumia stated. "The new facility will be a modern, three-storey building with 120 stores to accommodate all the affected traders."

The Vice President also encouraged the traders to subscribe to fire insurance policies and hire qualified electricians to prevent future fire outbreaks. He noted that additional funds would be solicited from the Women's Empowerment Fund to further support the victims.

Why this matters: The Madina Central Market fire has had a devastating impact on the livelihoods of numerous traders, mostly women. The government's swift response and commitment to rebuilding the market demonstrates its support for small businesses and the informal sector, which play a vital role in Ghana's economy.

Greater Accra Regional Minister-Designate, Daniel Nii Titus Glover, praised Bawumia's achievements and urged the traders to vote for him in the upcoming December elections. Municipal Chief Executive, Jennifer Dede Adjabeng, advised the affected traders to register with the Assembly and be cautious of potential scammers looking to exploit the situation.

In his concluding remarks, Vice President Bawumia reiterated, "We stand with you during this difficult time. The government will do everything possible to support you and ensure that the new market is built quickly so you can resume your businesses. Together, we will overcome this setback and emerge stronger than before."

Key Takeaways

  • VP Bawumia visited Madina market in Accra, Ghana after a devastating fire.
  • Bawumia announced plans to build a new 3-storey, 120-store market facility.
  • Bawumia donated GHC 200,000 to the fire victims and pledged more support.
  • The government aims to swiftly rebuild the market to help affected traders.
  • Bawumia urged traders to get fire insurance and hire qualified electricians.