Finance:Zaki Biam Yam Market
Zaki Biam Yam Market is the largest yam market in the world. It is an open-air market located in Zaki Biam, a town in the Ukum Local Government Area of Benue State, Nigeria. The market specializes in selling and distributing yams, a staple crop in the region. It is a significant hub for yam trading, attracting buyers and sellers from various parts of Nigeria and neighboring countries.
Zaki Biam Yam Market is the largest mono-product market in Nigeria.[1][2]
The market attracts buyers and sellers from various regions of the Nigeria and even neighboring countries. Buyers from as far as Cameroon, Niger, and Ghana patronize the market.[2] About 200 truckloads of yams depart the market every day and yams are never completely bought.[3][4]
In June 2020 the Federal Government of Nigeria inaugurated a storage facility in the market to serve as an industrial hub for neighboring yam-producing states like Nasarawa and Taraba. The facility also consists of 660 units of reconstructed stalls/sheds, internal roads, administrative buildings and a solar-powered borehole.[5]
Nigeria is the principal contributor to yam production, boasting an annual 17 million tonnes, constituting a substantial 70-76% share of the worldwide output. The majority of these tubers, amounting to approximately two million weekly, traverse through the Zaki Biam Yam Market, signifying a pivotal hub in the distribution network.[6]
References
- ↑ Ugbede, Lois. "Does Nigeria have the biggest Yam market in the World?". Centre For Journalism Innovation & Development. https://dubawa.org/does-nigeria-have-the-biggest-yam-market-in-the-world/.
- ↑ 2.0 2.1 "Zaki Biam Yam Market Benue State". https://articles.connectnigeria.com/zaki-biam-yam-market-benue-state/.
- ↑ "The Sorry Story Of Zaki-Biam Yam Market". https://dailytrust.com/the-sorry-story-of-zaki-biam-yam-market/.
- ↑ "The World’s Biggest Yam Market Located in Benue, Nigeria; Zaki Biam International Yam Market". https://newscentral.africa/the-worlds-biggest-yam-market-located-in-benue-nigeria-zaki-biam-international-yam-market/.
- ↑ "MSMEClinic gets 200,000 capacity yam storage facility in Benue". https://nairametrics.com/2020/06/10/msmeclinic-gets-200000-capacity-yam-storage-facility-in-benue/.
- ↑ "Top 100 famous markets in the world – P85 - Zaki Biam market (Nigeria): Busiest yam market in Africa". https://worldkings.org/news/world-tops-academy/worldkings-top-100-famous-markets-in-the-world-p85-zaki-biam-market-nigeria-busiest-yam-market-in-africa.
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