View source for Finance:Abubakar Mahmud Gumi Market

{{short description|Kaduna State central market}}

{{Infobox building
|image            = 
|caption          = The Covered Market in 2015
|name             = Abubakar Mahmud Gumi Market
|location_town    = Kaduna North and Kaduna South
|location_country = Nigeria
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|coordinates      = {{Coord|10.518553|N|7.427611|E|display=title}}
|map_type         = 
|map_caption      = 
|map_dot_label    = Central Market
|construction_start_date= 1970
|completion_date  = 1975
|date_demolished  =
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'''Abubakar Mahmud Gumi Market''', also known as '''Kaduna Central Market''', is the biggest marketplace located in the centre of Kaduna the capital of Kaduna State, Nigeria.<ref>{{Cite web|url=https://www.dailytrust.com.ng/kaduna-markets-building-world-class-commercial-hubs.html|title=Kaduna Markets: Building World Class Commercial Hubs|last=Umar|first=Nabilah Hassan|last2=AbdulKareem|first2=Fareeda|date=2020-02-24|website=Daily Trust|language=en-GB|access-date=2020-04-03}}</ref><ref>{{Cite web|url=https://m.guardian.ng/news/pandemonium-in-kaduna-as-armed-thugs-invade-market/|title=Pandemonium in Kaduna as armed thugs invade market|date=2018-01-28|website=The Guardian Nigeria News - Nigeria and World News|language=en-US|access-date=2020-04-03}}</ref><ref>{{Cite web|url=https://newnigeriannewspaper.com/2018/10/23/curfew-kaduna-central-market-major-roads-deserted/|title=Curfew: Kaduna Central Market, Major Roads Deserted|last=NewNigerianNewsPapers|date=2018-10-23|website=New Nigerian Newspaper|language=en-US|access-date=2020-04-03}}</ref><ref>{{Cite web|url=https://gistafri.com/2020/03/26/covid-19-kaduna-central-market-fumigated/|title=COVID-19: Kaduna Central Market fumigated|last=GistAfri|date=2020-03-26|website=GistAfri.com|language=en-US|access-date=2020-04-03}}</ref><ref>{{Cite web|url=https://m.guardian.ng/news/soldier-stabs-trader-to-death-in-kaduna/|title=Soldier stabs trader to death in Kaduna|date=2020-01-17|website=The Guardian Nigeria News - Nigeria and World News|language=en-US|access-date=2020-04-03}}</ref> It is bordered by Kaduna North to the northeast and Kaduna South to the southwest.<ref>{{Cite web|url=https://codemint.net/404|title=Final Year Research Project Topics - Free Project Topics {{!}} Codemint|website=CodeMint|language=en|access-date=2019-12-15}}</ref><ref>{{Cite web|url=https://www.nigeriagalleria.com/Nigeria/States_Nigeria/Kaduna/Popular-Markets-in-Kaduna-State.html|title=Popular Markets in Kaduna Nigeria Guide|website=www.nigeriagalleria.com|access-date=2019-12-21}}</ref><ref>{{Cite web|url=https://www.pmnewsnigeria.com/2019/08/07/kaduna-govt-to-issue-quit-notice-to-illegal-occupants-hawkers/|title=Kaduna govt to issue quit notice to illegal occupants, hawkers|last=Says|first=Onelove4real|date=2019-08-07|website=P.M. News|language=en-US|access-date=2019-12-21}}</ref> The market is one of the largest economic hub of the northern Nigeria region, one of the busiest transportation yard, Ahmadu Bello Way is the major express way that links to various part of the market. 

The Vice President Yemi Osinbajo, once visited the market to empower traders. He was accompanied by Governor of Kaduna State Mallam Nasir Ahmad el-Rufai.<ref>{{Cite web|url=https://www.sunnewsonline.com/kaduna-traders-commend-fgs-collateral-free-loan/|title=Kaduna traders commend FG's collateral-free loan|date=2018-10-05|website=The Sun Nigeria|language=en-US|access-date=2019-12-21}}</ref><ref>{{Cite web|url=https://www.aea.org.ng/aea-media/sme-opportunities/242-tradermoni-osinbajo-assures-kaduna-traders-of-more-loans&ved=2ahUKEwipmeD1hMbmAhVvyoUKHVTwCL0QFjADegQIBBAB&usg=AOvVaw2jhuGXWOSS4q8LggKJdTGx|title=TraderMoni: Osinbajo assures Kaduna traders of more loans|website=www.aea.org.ng|access-date=2019-12-21}}</ref><ref>{{Cite web|url=https://www.pressreader.com/nigeria/daily-trust/20190715/page/13&ved=2ahUKEwipmeD1hMbmAhVvyoUKHVTwCL0QFjAHegQICRAB&usg=AOvVaw2E1ao4dXJ9R62UZs9WRzdp|title=PressReader.com - Your favorite newspapers and magazines.|website=www.pressreader.com|access-date=2019-12-21}}</ref><ref>{{Cite web|url=https://n-sip.gov.ng/blog-date-left/|title=Blog - Date Left|website=N-SIP|language=en-US|access-date=2020-02-26}}</ref>

==History==
The original name of the market was Kaduna Central Market, but in 1994 it was renamed after a prominent scholar of Sunni [[Religion:Muslim|muslim]], late [[Religion:Sheikh|Sheik]] Abubakar Gumi and it is the centre of commerce of Kaduna State and it is owned by the State [[Social:Government|government]]. People of different ethnic groups are present in the market, there are Yoruba, Hausa and Igbo, whom share their trading experience as one entity. 

== First fire outbreak ==
On March 16, 2000, over hundreds of traders at the Sheik Abubakar mahmud Gumi Market in Kaduna state, woke up, and found out that their shops were burnt by fire. The fire broke out in the middle of the night, and caused the loss of stalls, money and goods running into millions of Nigerian naira. It was the second time in recent years that such incident happened. another one occurred on the past many years.<ref>https://allafrica.com/stories/200103160414</ref><ref>'''(Hausa)''' [https://hausa.premiumtimesng.com/2019/02/shaguna-31-suka-kone-kurmus-a-gobarar-kasuwar-gumi-dake-kaduna/pic-41-fire-at-kaduna-market/ Shaguna 31 suka kone kurmus a gobarar kasuwar Gumi dake Kaduna], ''Premium Times Hausa'', 20 February 2019.</ref> The unscrupulous activities  elements have turned the Abubakar Gumi Market into a lucrative estate business. The market, which was rebuilt by the government after it was destroyed by fire in 2000, plays a central role in the economic and social lives of the Kaduna people.<ref>https://allafrica.com/stories/201301231124</ref>

==The last fire outbreak==

Fire razes down many shops at Sheikh Gumi Market, near Bakin Dogo, It was the third time in recent years that such incident had happened, A total of over 31 shops and food items were worth millions of Naira and it was destroyed by fire, this occur on Wednesday 20, 2019. The shops were completely burnt down by  fire. It was rumored that the fire started around 2 O'clock a.m, on Wednesday when most of the shop owners were completely at home, except for the local guards who were at the market. The real source of the fire remained unknown, but the shop owners insist that it was as a result of poor electrical wearing.<ref>[https://www.dailytrust.com.ng/fire-destroys-31-shops-at-gumi-market-kaduna Fire destroys 31 shops at Gumi Market Kaduna], ''Daily Trust'', 20 February 2019.</ref><ref>{{Cite web|url=https://www.sunnewsonline.com/kaduna-traders-beg-for-help-as-fire-razes-food-market/|title=Kaduna traders beg for help as fire razes food market|last=Rapheal|date=2019-02-21|website=The Sun Nigeria|language=en-US|access-date=2019-12-21}}</ref>

== References ==

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