Economy

150,000 Jobs in View as Gov. Otti Backs ACSC with Strong Investor Protection Assurance

150,000 Jobs in View as Gov. Otti Backs ACSC with Strong Investor Protection Assurance

Following the historic signing of a Memorandum of Understanding (MoU) on February 4, 2026, for the offtake of the Aba Commercial Smart City (ACSC) under the Public–Private Investment Partnership (PPIP) framework, Abia State Governor, Dr Alex Otti, has assured investors of the safety and profitability of their investments in the landmark project. The governor urged interested investors to accelerate the realisation of the ACSC by releasing funds into the project, stressing that all investments would be fully protected through transparent governance structures and legally backed guarantees. Governor Otti gave the assurance during a banquet organised in Aba to host investors…
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Gov. Otti Leads ACSC MoU Signing, Signals New Economic Dawn for Abia State

Gov. Otti Leads ACSC MoU Signing, Signals New Economic Dawn for Abia State

For decades, Aba has stood as the commercial engine of the Southeast—an industrial city powered by indigenous ingenuity, craftsmanship, and trade. From leatherworks and garments to metal fabrication and wholesale commerce, Aba’s entrepreneurial energy has remained resilient despite years of infrastructural neglect. Today, that resilience is being deliberately matched with planning, technology, and investment through the proposed Aba Commercial Smart City, strategically located at Arongwa in Aba–Osisioma Local Government Area. Conceived as one of the flagship economic legacy projects of Governor Alex Chioma Otti, OFR, the Aba Commercial Smart City (ACSC)seeks to transform Aba’s largely informal industrial strength into a…
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Abia and Anambra in Focus: A Comparative Assessment of Market Governance and Administrative Performance

Abia and Anambra in Focus: A Comparative Assessment of Market Governance and Administrative Performance

Governor Alex Chioma Otti of Abia State and Governor Charles Chukwuma Soludo of Anambra State both emerged from distinguished careers in the banking sector, where strategic thinking, fiscal discipline, and institutional reform are central to success. Their transitions into public office generated widespread expectations that such technocratic expertise would translate into efficient governance, infrastructure renewal, and improved economic management at the state level. Few years into their administrations, however, differences in approach, execution, and outcomes have become increasingly discernible. A comparative assessment of two major commercial hubs—Ariaria International Market in Aba and Onitsha Main Market in Onitsha—provides a practical lens…
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Amb. Osita Offor Commends Masters Energy Group Chairman, Dr. Uche Ogah for Transforming Onuaku Uturu into a Manufacturing Hub in Abia State

Amb. Osita Offor Commends Masters Energy Group Chairman, Dr. Uche Ogah for Transforming Onuaku Uturu into a Manufacturing Hub in Abia State

Ambassador Dr. Osita Offor – De Ultimate Commander (Ikenga Gburugburu) has once again demonstrated his unwavering support for indigenous industrial growth as he paid a strategic facility visit to Masters Energy Group of Companies, a world-class manufacturing conglomerate owned by the oil magnate, renowned industrialist extraordinaire, and globally recognized philanthropist, Dr. Uche Sampson Ogah CON, at Onuaku Uturu, Isuikwuato Local Government Area of Abia State. During the visit, the Ambassador commended Dr. Ogah for his bold vision and exceptional commitment to economic development, describing his efforts as “bringing Japan to Abia State” by converting Onuaku Uturu into a thriving manufacturing…
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Gov. Otti Restores Power to 33 Ukwa West Communities After 9-Year Blackout

Gov. Otti Restores Power to 33 Ukwa West Communities After 9-Year Blackout

Abia State Governor, Dr. Alex Otti, OFR, has restored electricity to 33 communities in Ukwa West LGA, thereby ending 9 years of blackout and neglect to the oil-rich communities. The Power‍ Res‍toration‍ Proj‌ect was exec‍uted by the Abia State Government through ASOPADEC under t‍he supervision of t‍he Abia State Ministry of Pow⁠er a‌nd Pu‌blic Utilitie‌s, in⁠ line with the promise made by the Governor to the people in March, 2025. Performing the Power Switch-On ceremony at Central Primary School, Obehie, Governor Otti, who rode to the event in the newly launched Abia Green Shuttle EV Bus alongside members of his…
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