Arbitrary market prices hindering Benue economic growth – BIPC boss

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From Uche Nnorom, Makurdi

The Managing Director Benue Investment and Property Company has lamented that arbitrary market prices are hindering the collective growth of the State.
Dr. Asemakaha said this when he met with the State Taskforce on Illegal Levies in Tuesday in Makurdi.
The MD emphasised the need for collaborative efforts with the taskforce to address the issue of exorbitant prices in markets across the state, cited instances where products are relatively cheaper in other states, such as Nasarawa, Kaduna, Lagos, and Abuja, which is even the nation’s capital, than in Benue State.
According to Asemakaha, BIPC is committed to supporting local businesses and promoting economic growth.
“We believe that partnering with the Taskforce on Illegal Levies will enable us to address this issue effectively and ensure that market prices are fair and reasonable,” Asemakaha stated.
Hon. Terver Gbenda, Leader of the Taskforce and Senior Special Assistant to the Governor, Youth Organisation and Illegal Levies, expressed readiness for the partnership, acknowledging the critical role of private sector investment in driving economic development.

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