“Loss of jobs and the goods and services that the market provides; no matter what our grievances may be we must never burn down public facilities.
“It hurts the people we claim to be fighting for far more; so there are many important and difficult lessons about the importance of community building, partnership and tolerance amongst our people.
“These lessons must be learnt, but in learning these lessons, it is also very critical that the history of this market does not prevent us from moving forward.
“It is important that this community in Kaduna State looks forward and creates a new narrative for this market, a narrative created of growth, togetherness, economic progress and development.”
The vice president said that the second theme was the effective coordination and collaboration between the Federal Government and the Kaduna State Government.
He said that the Kaduna State Government’s commitment to rebuilding and modernising the Kasuwan Magani Market was commendable.
Mr Osinbajo said he was so happy that the Ministry of Power through the Rural Electrification Agency, REA, partnered with Kaduna State Government and Blue Camel to create a sustainable, clean source of power for the market.
“The 100 kilowatt Solar PV mini-grid built by Blue Camel, I understand is planned to go up to 500 kilowatts; we hope it can go above 1MW as the market and economic opportunities here grow.
“It is impressive what the Kaduna State Government has been able to achieve with the repositioning of the Kaduna Market Development and Management Company (KMDMC).
The Galaxy Mall we just visited and this project at Kasuwan Magani are both products of the focus of the Kaduna State Government on enabling commerce and improving the economic prospects of its citizens.
He commended Hafiz Bayero, the managing director of the KMDMC, for the great work on both projects
Mr Osinbajo said that the funding mechanism for the Solar PV plant would not have been possible without the intervention of the President Muhammadu Buhari administration.
“Despite the passage of the Electric Power Sector Reform Act in 2005, the activation of the Rural Electrification Fund (REF) was only commenced in 2019, a staggering 14 years after the passing of the Act.
“The REF provides capital subsidies in a clear and transparent competitive process to qualified electrification projects and companies focusing on Mini-Grids, Solar Home Systems and Grid Extension.
“In the two REF cycles executed thus far, more than N6 billion worth of projects have been executed with 42,000 connections being created -impacting an estimated 200,000 Nigerians,’’ he said.
Mr Osinbajo had earlier attended as the Special Guest of Honour, the Kaduna State Investment Summit, KADINVEST 6.0.