Abia ThinkTank

3929 Posts
Dec
19
2024
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By Abia ThinkTank
Community Development In Action: Hope Rises In Ohafia LGA – By Dr. Chukwuemeka Ifegwu Eke

Community Development In Action: Hope Rises In Ohafia LGA – By Dr. Chukwuemeka Ifegwu Eke

Abia North, Abia State, Columns/Opinions/Letters, Ohafia LGA, Politics
Community Development in Action: Hope Rises in Ohafia LGA The road from Akara to Abiriba junction has been a major concern for residents and commuters alike. However, palliative work is currently underway to address the challenges faced by road users. As shown in the video, the contractor, FEROTEX, has made significant progress on the project, with work already completed from Akara to Alayi. The progress made so far is a testament to the commitment of the contractor and the government to improving the road network in the region. However, there is still much work to be done to complete the…
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Dec
19
2024
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By Abia ThinkTank
From Ransom Payments To Runways: Nigeria’s Air Travel Industry And Insecurity: Is There Hope For ABIA State? – By Dr. Chukwuemeka Ifegwu Eke

From Ransom Payments To Runways: Nigeria’s Air Travel Industry And Insecurity: Is There Hope For ABIA State? – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Good Governance, Security, Transportation
From Ransom Payments to Runways: Nigeria's Air Travel Industry and Insecurity: Is there hope for Abia State? The alarming statistics on ransom payments in kidnapping incidents in Nigeria for 2024 reveal a staggering estimated amount of ₦2.23 trillion paid from January to November. This figure is a stark reminder of the devastating impact of kidnapping on individuals, families, and the economy as a whole. The North West region tops the list with an estimated ₦1.17 trillion, accounting for over 50% of the total ransom payments. A regional breakdown of the statistics shows a clear disparity in the burden of ransom…
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Dec
19
2024
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By Abia ThinkTank
Nigerian SEC Proposes New Law For Crypto Influencers, Defaulters Face Up To 3 Years Imprisonment

Nigerian SEC Proposes New Law For Crypto Influencers, Defaulters Face Up To 3 Years Imprisonment

CBN/Commercial Banking, Crime, Economy, Judiciary, News Flash
Nigerian SEC Proposes New Law For Crypto Influencers, Defaulters Face Up To 3 Years In  Jail  The Nigerian Securities and Exchange Commission (SEC) under Emomotimi Agama has proposed a new law aimed at combating the issue of crypto influencers using their influence to promote dubious crypto projects. The new law requires every crypto platform or Virtual Assets Service Provider (VASP) to be registered with a license from the Nigerian SEC before carrying out any promotion on social media, TV, or Print. The law is set to take effect on June 30th, 2025. Crypto influencers must also disclose to their community…
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Dec
18
2024
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By Abia ThinkTank
Politics Today: Obi Officially Dumps Labour Party

Politics Today: Obi Officially Dumps Labour Party

News Flash, Politics
Obi Officially Dumps Labour Party Paschal Obi, a former member of the House of Representatives who represented the Ideato North and South Federal Constituency, has officially left the Labour Party (LP) and rejoined the All Progressives Congress (APC). Obi was warmly welcomed back into the APC fold by the party’s expanded state executives, led by Macdonald Ebere, after formalizing his membership at both the ward and local government levels. In his remarks, Obi expressed that he was motivated to return to the APC due to the significant infrastructural development he attributed to Governor Hope Uzodinma’s leadership in Imo State. He…
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Dec
18
2024
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By Abia ThinkTank
President Tinubu Reconstitutes Leadership Of 12 River Basin Development Authorities (See Full List)

President Tinubu Reconstitutes Leadership Of 12 River Basin Development Authorities (See Full List)

Business, Economy, News Flash, Politics, Presidency
Tinubu Reconstitutes Leadership Of 12 River Basin Devt Authorities (See Full List) President Bola Ahmed Tinubu has approved the reconstitution of the executive management teams for 12 River Basin Development Authorities (RBDAs) under the Federal Ministry of Water Resources, signaling his administration’s commitment to enhancing the efficiency of these critical organizations. The newly appointed executives are expected to leverage their expertise to boost agricultural productivity, manage water resources, and foster rural development in alignment with the administration’s commitment to improving the lives of Nigerians. The new appointments were made public on Wednesday in a statement issued by Special Adviser to…
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Dec
18
2024
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By Abia ThinkTank
Senate Moves To Ban Foreign Currencies In Nigeria, Insist On Naira-Only Transactions

Senate Moves To Ban Foreign Currencies In Nigeria, Insist On Naira-Only Transactions

CBN/Commercial Banking, FGN, National Assembly, News Flash
Senate Moves To Ban Foreign Currencies In Nigeria, Insist On Naira-only Transactions A new bill aimed at banning the use of foreign currencies, including the US Dollar and British Pound Sterling, for domestic transactions in Nigeria has passed its first reading in the Senate. The bill, titled “A Bill for an Act to Alter the Central Bank of Nigeria Act, 2007, No. 7, to Prohibit the Use of Foreign Currencies for Remuneration and Other Related Matters,” was introduced by Senator Ned Nwoko, Chairman of the Senate Committee on Reparations and Repatriation. The proposed legislation seeks to make the Naira the…
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Dec
18
2024
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By Abia ThinkTank
Debt Servicing To Gulp N15.8Trn In President Tinubu’s 2025 Budget Proposal

Debt Servicing To Gulp N15.8Trn In President Tinubu’s 2025 Budget Proposal

Economy, FGN, News Flash, Politics, Presidency
Debt Servicing To Gulp N15.8Trn As Tinubu Presents 2025 Budget A sum of N15.81 trillion has been allocated for debt servicing in the 2025 Appropriation Bill presented to the joint sitting of the National Assembly by President Bola Ahmed Tinubu. Defence and Security tops the sectoral allocations in the N47.9 trillion budget presented by the President on Wednesday. The President disclosed this while giving a highlight of the Budget proposal before the National Assembly. He stated that Defence/Security was allocated N4.91 trillion; Infrastructure was allocated N4.06 trillion; Health N2.4 trillion health while Education gets N3.5 trillion. According to the President,…
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Dec
18
2024
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By Abia ThinkTank
Security, Infrastructure, Education Top President Tinubu’s 2025 N47.9 Trillion Budget Proposal

Security, Infrastructure, Education Top President Tinubu’s 2025 N47.9 Trillion Budget Proposal

Economy, FGN, News Flash, Politics, Presidency
Security, Infrastructure, Education Top Tinubu’s 2025 N47.9 Trillion Budget Proposal Security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon. “It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Resurrection Budget’ security peace, building prosperity,” Tinubu said as he concluded his speech at 1:10pm on Wednesday. Earlier in his presentation, the President listed some of…
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Dec
18
2024
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By Abia ThinkTank
Evaluating Otti’s Strategic Partnership For ABIA Airport Development – By Ebere Uzoukwa, Ph.D(SSA To Gov. Otti On Public Affairs)

Evaluating Otti’s Strategic Partnership For ABIA Airport Development – By Ebere Uzoukwa, Ph.D(SSA To Gov. Otti On Public Affairs)

Abia State, Columns/Opinions/Letters, Good Governance, Politics, Transportation
Evaluating Otti's Strategic Partnership for Abia Airport Development Ebere Uzoukwa, Ph.D The groundbreaking ceremony of the Abia International Airport on Tuesday, December 17, 2024, marked a significant milestone in Abia State's pursuit of economic growth and development. Governor Alex Otti's strategic partnership with the federal government, particularly the Ministry of Aviation and Aerospace Development, has been instrumental in bringing this project to fruition. This partnership is a testament to the governor's commitment to seizing opportunities that drive progress and development in Abia State. Governor Otti's administration has demonstrated a commitment to collaboration and partnership, leading to the expansion of channels…
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Dec
18
2024
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By Abia ThinkTank
Edo State House Of Assembly Suspends All LG Chairmen, Vice Chairmen For Defying Governor

Edo State House Of Assembly Suspends All LG Chairmen, Vice Chairmen For Defying Governor

House Of Assembly, News Flash, Politics
House Of Assembly Suspends All LG Chairmen, Vice Chairmen For Defying Governor The Edo State House of Assembly has suspended the chairmen and vice chairmen of the 18 local government councils for two months, following allegations of insubordination to Governor Monday Okpebholo. The suspension followed a petition from the governor, accusing the council leaders of refusing to submit their financial records to the state government. Okpebholo described the chairmen’s actions as acts of insubordination and gross misconduct, prompting his request for the Assembly to address the matter. When the issue was raised for debate, Mr. Isibor Adeh, representing Esan North…
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