
Governor Alex Chioma Otti’s Comprehensive Strategy To Lower Borrowing Costs And Strengthen Small Businesses In ABIA State (2023-2025) – By Dr. Chukwuemeka Ifegwu Eke
Governor Alex Chioma Otti’s Comprehensive Strategy to Lower Borrowing Costs and Strengthen Small Businesses in Abia State (2023–2025) 1. IntroductionGovernor Alex Chioma Otti, OFR, has anchored his administration’s economic agenda on revitalizing Abia State’s small and medium enterprise (SME) sector. Through targeted policies, debt management, and strategic partnerships, his government aims to reduce borrowing costs, enhance access to credit, and foster a sustainable business ecosystem. Drawing from official publications, this article evaluates the administration’s progress, challenges, and roadmap for SME growth from 2023 to 2025. 2. Key Policy Initiatives a) Abia SMEs Development Fund (2023)Launched in collaboration with the Central…