• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Friday, March 6, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home News

Onitsha Traders Explain Monday Closures as Soludo Enforces Market Shutdown

January 28, 2026
in News
Reading Time: 3 mins read
0
Onitsha Traders
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

One of the traders at Onitsha Main Market, Gibson Okafor, has explained why many traders have been unable to open their shops on Mondays despite the Anambra State Government’s directive to resume business.

His comments followed Governor Chukwuma Soludo’s decision to shut the market for one week over what the government described as traders’ continued compliance with the Monday sit-at-home order imposed by non-state actors.

soludo in onitsha market

The governor had warned that failure to reopen after the one-week closure would result in an additional shutdown, with the possibility of even longer closures if the situation persists.

Speaking on Channels Television’s The Morning Brief programme on Wednesday, Okafor said the challenge was not a lack of willingness by traders, but the absence of adequate security and transportation routes leading to the market on Mondays.

“The governor promised security, but only what he will do, because some people are coming from Nkpor, Asaba, and other areas. They need transporters to operate and security along the routes so traders can come to the market.

“If they don’t see security men and transporters, they can’t come to the market. Everything has to be in order so that traders would have the means to reach the market. The governor promised us that—that is what I heard from them—but we haven’t seen it,” Okafor said.

He noted that while security operatives may be present around the market, traders remain vulnerable on their way to the commercial hub. Okafor also urged the state government to ensure that commercial banks operate on Mondays, stressing that banking services are critical to business activities in the market.

Onitsha Market

According to him, the continued closure of banks on Mondays discourages customers, who are unable to access cash to make purchases.

“Governor Soludo has put security everywhere, but for the Monday sit-at-home, they have to increase it and tell the banks to open. When the banks are closed, our customers won’t come to the market because they don’t have money to buy goods—that’s the problem,” he stated.

Meanwhile, the Anambra State Commissioner for Information, Law Mefor, revealed that the state suffers massive economic losses every Monday as a result of the sit-at-home practice. Speaking on The Morning Brief on Tuesday, he disclosed that Anambra loses an estimated ₦8 billion each week due to the shutdown of economic activities.

“Statistics have it that Anambra is losing an average of ₦8 billion every Monday that the market is shut,” he said.

Onitsha Traders

Mefor maintained that the state government has a duty to protect economic activities and livelihoods, insisting that Governor Soludo’s action was necessary to prevent further damage to the state’s economy.

“Those who are opposing it are simply being mischievous. That is why the governor rightly called it economic sabotage,” he said.

What you should know
The Monday sit-at-home practice has significantly disrupted commercial activities in Anambra State, particularly in major hubs like Onitsha Main Market, one of West Africa’s largest markets.

While the state government insists it has provided security to encourage businesses to reopen, traders argue that insecurity along access routes and the closure of banks remain major obstacles.

The situation has led to sharp economic losses, with the government estimating billions of naira lost weekly. Governor Soludo’s enforcement measures reflect growing pressure on authorities to restore economic normalcy while addressing traders’ safety concerns.

Tags: Anambra StateCharles Chukwuma SoludoOnitsha Main Market
Share200Tweet125Share35
Previous Post

Nigerian Naira Extends Rally Against Dollar as Currency Hits Monthly Highs

Next Post

UAE Tightens Remote Work Visa Requirements, Doubles Income Documentation Period

Related Posts

Photo of Seif al-Islam Gaddafi

Libya Identifies Suspects in Gaddafi Son’s Killing

by Victor Haruna
March 5, 2026
0

Libyan prosecutors on Thursday announced that investigators had identified three individuals suspected of involvement in last month’s killing of the...

Dangote

Dangote Refinery Assures Nigerians of Stable Petrol Supply

by Victoria Ogbadu
March 5, 2026
0

Dangote Petroleum Refinery & Petrochemicals has reassured Nigerians of its commitment to ensuring a steady supply of petrol across the...

Killaboi and his girlfriend

Killaboi Murder Trial: Augusta’s Mother Makes Shocking Revelation

by Victor Haruna
March 5, 2026
0

The emotional testimony of the mother of late Augusta Onuwabhagbe brought proceedings to a halt on Thursday at the Lagos...

Photo of US President Donald Trump

Why Trump Wants Role in Choosing Iran’s Next Supreme Leader

by Victor Haruna
March 5, 2026
0

United States President Donald Trump on Thursday declared that he believes he should take part in determining who becomes the...

Nigerian Senate and NNPCLogo

Senate Probes Ex-NNPCL Boss

by Victor Haruna
March 5, 2026
0

The Senate Committee on Public Accounts has summoned the immediate past Group Chief Executive Officer of the Nigerian National Petroleum...

Load More
Next Post
UAE

UAE Tightens Remote Work Visa Requirements, Doubles Income Documentation Period

Photo of NLC Protest

NLC Rallies FCTA Workers After Court Orders Suspension of Strike Action

nigeria

Kunle Kuti: Nigeria Is Deliberately Erasing Fela From History Books

Photo of Lere Olayinka

Wike’s Spokesperson Insists Government Owes No Salaries as FCTA Strike Persists

NNPC

NNPC Hikes Petrol Prices as Deregulation Takes Hold Across Major Cities

Photo of Senator Akpabio

Akpabio Denies Alteration of Tax Laws, Confirms Acts Properly Gazetted, Certified

Photo of Peter Obi

Peter Obi Faults Tinubu Over Power Crisis, Says Campaign Promise on Electricity Remains Unfulfilled

Spotify

Spotify Reports Record $11 Billion Payout to Music Industry as Platform Expands Artist Support

Nigerian senate

Senate to Hold Closed-Door Briefing on US Air Strikes in Sokoto After Lawmakers Raise Concerns

Photo of CSP Benjamin Hundeyin

Police Arrest Six Over Alleged ₦7.7bn Telecom Airtime, Data Hacking Scheme

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
us to deport 79 nigerians

Full List: US To Deport 79 Nigerians

February 11, 2026
FG (TInubu) To Stop Salaries Of Unverified Workers

Tinubu Makes 12 New Appointments

February 11, 2026
Rihanna

Rihanna: Vibrant Star Elevating Nigerian Fashion Trends

1
Markets

European Markets Fall as French Government Crisis Deepens, Trump Fires Fed Governor

1
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
Photo of Seif al-Islam Gaddafi

Libya Identifies Suspects in Gaddafi Son’s Killing

March 5, 2026
CAF Postpones 2026 WAFCON

CAF Postpones 2026 WAFCON

March 5, 2026
Dangote

Dangote Refinery Assures Nigerians of Stable Petrol Supply

March 5, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp