Business

Aba Commercial Smart City (ACSC) MoU Signing: Gov. Otii Set to Redefine Abia’s Economic Future, 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,…

WHY ARE INVESTORS “SCARED” OF THE NEW ABIA? THE FACTS SAY MANY ARE NOT “SCARED” — THEY ARE DOING DUE DILIGENCE The claim that “serious investors are scared of Abia” sounds dramatic, but it collapses under one basic test: investors don’t make location decisions from skits, hashtags, or abuse threads. They make decisions from governance signals—policy stability, infrastructure trajectory, land and tax administration, dispute-resolution credibility, and whether project sites are visible enough to verify. That is exactly why the loudest online verdicts about “nothing on ground” are not proof of failure; they are, more often, proof of weak civic verification…

Abia's Star Paper Mill The critique by Eke O. Ako presents itself as a technical interrogation, but a closer reading reveals that it conflates unanswered public curiosity with absence of due diligence, and substitutes speculation for evidence. In public-sector investment, particularly asset recovery from insolvency managers such as AMCON, the absence of a publicly released white paper does not equate to the absence of technical, financial, or legal work. In fact, AMCON’s entire statutory mandate under the AMCON Act of 2010 requires valuation, asset integrity assessment, creditor resolution, and risk containment before any transfer of distressed assets can occur. The…