Anambra Markets Excel in Revenue Generation

Onitsha Markets Receive Top Awards

Three prominent markets in Onitsha, the commercial hub of Anambra State, have received prestigious awards for their outstanding revenue generation. The Editorial Board of FREENEWS Magazine, based in Port Harcourt, Rivers State, honoured these markets for their exemplary performance in driving economic growth. This recognition underscores the markets’ significant contributions to the state’s economy.

Market Categories and Winners

Onitsha Main Market earned the title of Anambra State First Revenue Generating Market for 2023. Ochanja Central Market was recognised as Anambra State’s Fastest Growing Revenue Generating Market, 2023, while Onitsha Bridgehead Drug Dealers Market (Ogbogwu) won the award for Anambra State’s Favourable Revenue Generating Market. These accolades highlight the efficiency and effectiveness of the market leaders.

Leaders Acknowledged for Excellence

In the individual category, Chief Chukwuleta Ndubuisi of Onitsha Drug (Ogbogwu) Market, Chief Innocent Ezeoha of Onitsha Main Market, and Chief Bonaventure Mmuo of Ochanja Central Market were awarded Ambassadors of Entrepreneurship and Good Market Administration. These leaders have been pivotal in enhancing the revenue generation and overall management of their respective markets.

Editorial Board’s Research

Presenting the awards in Onitsha, Obinna Mbonu, Chairman of the Editorial Board of FREENEWS Magazine, explained that the board conducted thorough research before selecting the winners. The findings revealed that these markets and their leaders aligned with the vision of Anambra State Governor, Prof. Chukwuma Soludo, aiming to make the state a liveable and prosperous home through efficient revenue generation.

Encouraging Continued Efforts

Mbonu encouraged the market leaders to continue their efforts in generating more revenue to support Governor Soludo’s transformative initiatives. He praised their dedication and urged other market leaders to adopt similar strategies to enhance their revenue and management practices.

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Leaders’ Commitment and Future Plans

Responding to the recognition, Chiefs Ndubuisi, Ezeoha, and Mmuo, alongside their committees, expressed gratitude for the awards. Moreover, they commended the editorial board’s investigative diligence and called on other publishers to emulate their watchdog role for a better society. Furthermore, the leaders highlighted their achievements in increasing annual revenue from N20 million to N90 million and voiced their support for Soludo’s administration. Consequently, they urged the governor to seek a second term for the benefit of the state.

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