Business

Sep
26
2025
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By Abia ThinkTank
How Governor Otti’s Evening Markets Will Power The Velocity Of Money In ABIA – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

How Governor Otti’s Evening Markets Will Power The Velocity Of Money In ABIA – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Abia State, Business, Columns/Opinions/Letters, Good Governance
How Governor Otti’s Evening Markets Will Power the Velocity of Money in Abia By Ebere Uzoukwa, PhD When Governor Alex Chioma Otti announced during the September edition of “Governor Otti Speaks to Abia” that construction of sixty eight evening markets would commence the following week, it was more than just another policy pronouncement. It was a carefully designed step to deepen Abia’s ongoing transformation and extend the dividends of governance to the grassroots. The decision to build four evening markets in each of the seventeen local government areas reflects a vision that deliberately prioritizes rural development and aligns with the…
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Sep
25
2025
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By Abia ThinkTank
A Rejoinder To ABIA Hotel Management: Enough Of The Grandstanding – By Prof Chukwuemeka Ifegwu Eke

A Rejoinder To ABIA Hotel Management: Enough Of The Grandstanding – By Prof Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Hospitality
A Rejoinder to Abia Hotel Management: Enough of the Grandstanding! The attention of all well-meaning Abians has been drawn to the pompous and deliberately obtuse rebuttal issued by the so-called “Board and Management” of Abia Hotel Limited. This response is not just an insult to the intelligence of the people of Abia State, but a brazen display of the very bad faith and entitlement that has held this state back for decades. The Government, under the focused leadership of Dr. Alex Otti, spoke a simple truth, and the reaction from the hotel management has proven the government’s point more eloquently…
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Sep
17
2025
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By Abia ThinkTank
Nigeria’s Dangote Refinery Petrol Lands In US For The First Time

Nigeria’s Dangote Refinery Petrol Lands In US For The First Time

Business, Economy, FGN, News Flash, Oil & Gas
Nigeria’s Dangote Refinery Petrol Lands In US For The First Time Nigeria’s Dangote Refinery’s premium motor spirit, PMS, has arrived in New York, United States, for the first time. According to Reuters, Sunoco and Vitol organised the shipment on Monday. The delivery on the tanker, Gemini Pearl, marks a major milestone for the 650,000-barrel-per-day Dangote refinery. Reuters reported that an additional shipment of Dangote petrol, which Glencore sold to Shell, is planned to reach New York on September 19. The deliveries represent an important achievement for the $20 billion Ibeju Lekki-based refinery. Aliko Dangote, the President of Dangote Refinery, at…
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Sep
10
2025
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By Abia ThinkTank
NUPENG Suspends Strike As Union Reach Agreement With Dangote Refinery

NUPENG Suspends Strike As Union Reach Agreement With Dangote Refinery

Business, News Flash, Oil & Gas
NUPENG Suspends Strike As Union Reach Agreement With Dangote Refinery The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its strike following an agreement with the management of Dangote Refinery to recognise workers’ rights to unionise. The deal was reached at a closed-door meeting convened by the Department of State Services (DSS) and attended by the Minister of Finance, Wale Edun and representatives of the Nigeria Labour Congress. Acting NLC General Secretary, Benson Upah, confirmed the outcome, while the Ministry of Labour said it would issue a formal statement soon. The resolution followed a conciliation meeting convened…
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Sep
03
2025
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By Abia ThinkTank
I Didn’t Inherit Any Money From My Father – Dangote

I Didn’t Inherit Any Money From My Father – Dangote

Economy, Business, Personality
I Didn’t Inherit Any Money From My Father – Dangote Billionaire businessman Aliko Dangote has revealed he built his business empire from the scratch despite being born into a wealthy family. Speaking in a video, Dangote said he chose not to rely on inherited wealth. Dangote said he worked with his uncle before venturing into his business, initially trading in cement. He recognised the vast potential of cement production in Nigeria, driven by the country’s significant infrastructural deficits. Through hard work and innovative thinking, Dangote’s business empire grew exponentially, making him a self-made success story. He added that he donated…
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Jul
15
2025
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By Abia ThinkTank
Nigerian Marketers Reduce Fuel Prices As FGN Shuts Down Economy In Honour Of Buhari

Nigerian Marketers Reduce Fuel Prices As FGN Shuts Down Economy In Honour Of Buhari

Abia State, Business, Economy, FGN, News Flash, Oil & Gas
Nigerian Marketers Reduce Fuel Prices As FG Shuts Down Economy In Honour Of Buhari Nigerian petroleum products marketers have announced a reduction of premium motor spirit prices, starting from today, Tuesday. This comes as the economy shuts down today owing to the public holiday declared by the federal government to honour ex-president Muhammadu Buhari. The national president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, disclosed this to DAILY POST in an interview on Monday. According to him, the decision to cut the petrol price comes after members of IPMAN held a meeting in Abuja on Monday in…
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Jul
12
2025
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By Abia ThinkTank
NNPC Refineries May Never Work Again Despite $18 Billion Spent – Dangote

NNPC Refineries May Never Work Again Despite $18 Billion Spent – Dangote

Economy, Business, FGN, Oil & Gas
NNPC Refineries May Never Work Again Despite $18 Billion Spent — Dangote The president of the Dangote Group, Alhaji Aliko Dangote, has said that Nigeria’s state-owned refineries, located in Port Harcourt, Warri, and Kaduna, may never operate properly again despite about $18 billion invested in their rehabilitation. Alhaji Dangote disclosed this while hosting members of the Global CEO Africa, who visited the Dangote Petroleum Refinery yesterday. He said the 650,000-barrel-per-day (bpd) refinery was constructed after the government of late President Umar Yar’adua declined to sell the refineries to him. He said, “The refineries that we bought before, which were owned…
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Jul
09
2025
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By Abia ThinkTank
The Bleeding Mondays (Based Exclusively On NBS, IMF, And World Bank Data) – By Dr. Chukwuemeka Ifegwu Eke

The Bleeding Mondays (Based Exclusively On NBS, IMF, And World Bank Data) – By Dr. Chukwuemeka Ifegwu Eke

Business, Columns/Opinions/Letters, Economy, South East
The Bleeding Mondays(Based Exclusively on NBS, IMF, and World Bank Data) Prologue: The Sound of Empty MarketsIn the rusted stalls of Onitsha’s Main Market, where 1.2 million nano-traders once jostled, Mondays now echo with a silence that chills the bone. The National Bureau of Statistics counts what our eyes refuse to see: ₦88.81 billion evaporating each Monday across Southeast Nigeria. For weeks—from August 2021 to March 2025 —this ritual economic suicide bled ₦9.43 trillion from the poorest hands in the region. The IMF and World Bank whisper the broader truth: Nigeria has 86 million citizens in extreme poverty, while the…
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Jul
08
2025
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By Abia ThinkTank
Aba Export Growth Lab: Governor Otti’s Masterstroke For Economic Empowerment And Global Trade Integration – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Aba Export Growth Lab: Governor Otti’s Masterstroke For Economic Empowerment And Global Trade Integration – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Abia State, Business, Columns/Opinions/Letters, Economy, Good Governance
Aba Export Growth Lab: Governor Otti’s Masterstroke for Economic Empowerment and Global Trade Integration By Ebere Uzoukwa, PhD The forthcoming commissioning of the Aba Export Growth Lab marks a significant turning point in the economic reawakening of Abia State. Spearheaded by the purpose-driven and reform-oriented Governor of Abia State, His Excellency Dr. Alex Chioma Otti, OFR, this initiative is far more than a development project—it is a bold, strategic intervention designed to reposition Aba as a formidable industrial and export-driven hub in Nigeria’s South East region. For decades, Aba—fondly called the "Japan of Africa"—has been celebrated for its industrious spirit,…
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Jul
08
2025
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By Abia ThinkTank
Abia State’s Competitive Advantage In Attracting Tech Investments – By Dr. Chukwuemeka Ifegwu Eke

Abia State’s Competitive Advantage In Attracting Tech Investments – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Good Governance, Technology
Abia State's Competitive Advantage in Attracting Tech Investments Executive SummaryAbia State is rapidly positioning itself as Nigeria's next tech investment frontier, leveraging strategic infrastructure modernization, fiscal innovation, and sector-specific specialization to challenge Lagos' dominance. Under Governor Alex Otti’s administration, Abia has prioritized capital expenditure (84% in 2024, 82% in 2025) to address historical infrastructure gaps while creating a business environment tailored for scalable tech operations . This analysis compares both states across critical investment parameters. Infrastructure Development: Closing the GapRoad Networks & Connectivity Abia: 48 active direct labor road projects, including the Julius Berger-reconstructed 6.5km Port Harcourt Road (Aba) and…
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