Business

May
05
2025
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By Abia ThinkTank
Abia State Government Takes Over ABA Mega Mall, Pays Off All Those With Vested Interests

Abia State Government Takes Over ABA Mega Mall, Pays Off All Those With Vested Interests

Abia State, Business, Economy, Good Governance, News Flash, Religion
ABIA STATE GOVERNMENT TAKES OVER ABA MEGA MALL, PAYS OFF ALL THOSE WITH VESTED INTERESTS. Aba Mega Mall, located at Osisioma LGA, has become full property of the Abia State Government, as the State Government, ably led by Governor Alex Otti, OFR, has paid off all those with vested interests in the strategically located complex that its purpose of establishment could not be realised. Governor Otti disclosed the acquisition and full takeover of the mega-mall on Sunday, 4th May, during the grand finale of a 3-day Mega Crusade of the Lord’s Chosen Charismatic Revival Ministries, which was held in Aba…
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Apr
30
2025
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By Abia ThinkTank
From Market Stalls To Digital Halls: Abia’s Vendors Navigate Cash Realities Amidst Otti’s Tech Revolution – By Dr. Chukwuemeka Ifegwu Eke

From Market Stalls To Digital Halls: Abia’s Vendors Navigate Cash Realities Amidst Otti’s Tech Revolution – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Good Governance
From Market Stalls to Digital Halls: Abia’s Vendors Navigate Cash Realities Amidst Otti’s Tech Revolution! 🌐💵 1. Aba: Ariaria Market’s Cash Reliance Amidst Digital Infrastructure GapsIn Aba’s Ariaria International Market—a hub for SMEs producing footwear, garments, and leather goods—vendors often cite unreliable network connectivity and POS transaction failures as reasons for sticking to cash. For instance, a leatherworks trader in Block C reported losing customers during network downtimes, stating, “Buyers walk away if transfers fail—cash is instant” . Despite this, Governor Otti’s administration has:Installed free Wi-Fi hotspots in strategic market zones to boost connectivity .Revamped Ariaria’s infrastructure with paved roads,…
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Apr
30
2025
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By Abia ThinkTank
Gov. Otti Expresses Willingness To Partner Israeli Agricultural Investors, Says He Is In A Hurry To See The Commencement Of The Proposed Investment

Gov. Otti Expresses Willingness To Partner Israeli Agricultural Investors, Says He Is In A Hurry To See The Commencement Of The Proposed Investment

Abia State, Agriculture, Business, Economy, Good Governance
GOV. OTTI EXPRESSES WILLINGNESS TO PARTNER ISRAELI AGRICULTURAL INVESTORS, SAYS, HE IS IN A HURRY TO SEE THE COMMENCEMENT OF THE PROPOSED INVESTMENT. Abia State Governor, Dr. Alex Otti has expressed his willingness to partner with an Israeli agricultural expert and investors to grow the State's economy. Government Otti was speaking while receiving in audience a delegation of an Israeli based agricultural investor and the Managing Director of ONIDA Development, Mr. Kidron Isreal who called on him in his office. He said that the government can provide land, adding that the provision of land could be the government's own equity…
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Apr
28
2025
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By Abia ThinkTank
How Lagos Scavengers Resell Wigs Picked From Dumpsites

How Lagos Scavengers Resell Wigs Picked From Dumpsites

Crime, Business, Lagos, News Flash
How Lagos Scavengers Resell Wigs Picked From Dumpsites In Lagos, the most populous city in West Africa, nothing is a waste in the hands of those who can see value in it. Despite inherent risks, particularly those that have to do with human safety and public health, when the opportunity to make cash or profit presents itself, the love of money is prioritised above all. While the city generates an estimated 5.46 million tonnes of waste annually, some of these wastes often find their way back to the market. Among these arrays of wastes that find their way back to…
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Apr
25
2025
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By Abia ThinkTank
Abia State Government Revokes Land Title And Reclaims Assets Of The Enyimba Automated Shoe Company (ENASCO)

Abia State Government Revokes Land Title And Reclaims Assets Of The Enyimba Automated Shoe Company (ENASCO)

Abia State, Business, News Flash
PRESS RELEASE: ABIA STATE GOVERNMENT REVOKES LAND TITLE AND RECLAIMS ASSETS OF THE ENYIMBA AUTOMATED SHOE COMPANY (ENASCO). The Abia State Government (ABSG) hereby revoke the land title granted to Enyimba Automated Shoe Company (ENASCO) and move to reclaim all Abia State Government resources and assets contributed to the Company. This decision followed a comprehensive regulatory, financial and operational review undertaken by reputable Big Four professional service firms, which unravelled significant discrepancies and corporate governance-related issues within ENASCO. SEQUENCE OF EVENTS LEADING TO THE DECISION: Establishment and Initial Contributions: ENASCO, with equipment imported from Turkey and a projected annual production…
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Apr
22
2025
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By Abia ThinkTank
Real People, Real Streets, Real Progress: Governor Otti’s Programs Cooking Up Hope For Abia’s Food Vendors – By Dr. Chukwuemeka Ifegwu Eke

Real People, Real Streets, Real Progress: Governor Otti’s Programs Cooking Up Hope For Abia’s Food Vendors – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Infrastructure
Smooth Roads, Fresh Bites!* Bad roads used to spoil my tomatoes, but now my plantains sell faster! Mrs. Okafor on Isi Gate Street, Umuahia, cheers Governor Otti’s road fixes. Fresh produce, happier customers! 🌶️ #AbiaOnTheMove Real people, real streets, real progress! Governor Otti’s plans are cooking up hope for Abia’s food vendors. 🔥🍴 Governor Alex Otti’s administration in Abia State has introduced several programs to support food vendors and small-scale traders, focusing on improving infrastructure, food security, and business conditions. Here’s how these efforts are impacting everyday food vendors on the streets of Aba, Umuahia, and Ohafia, based on real…
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Apr
14
2025
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By Abia ThinkTank
Abia State’s Game -Changing ‘Made-In-Abia’ Policy: A Boost To Local Economy – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Abia State’s Game -Changing ‘Made-In-Abia’ Policy: A Boost To Local Economy – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Abia State, Business, Columns/Opinions/Letters, Economy, Good Governance, Politics
Abia State's Game-Changing 'Made-in-Abia' Policy: A Boost to Local Economy Ebere Uzoukwa, Ph.D The Abia State government's "Made-in-Abia" products policy is a bold initiative aimed at promoting local economic growth and development. By mandating the procurement of goods and services within the state, the government hopes to stimulate economic activity, create jobs, and improve infrastructure. This policy has the potential to be a game-changer for the local economy, and its impact will be felt across various sectors. One of the primary benefits of the "Made-in-Abia" policy is increased local spending. By procuring goods and services locally, the government will be…
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Apr
08
2025
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By Abia ThinkTank
U.S Slams Nigeria’s Import Ban On 25 Products Amid Rising Global Trade Tensions

U.S Slams Nigeria’s Import Ban On 25 Products Amid Rising Global Trade Tensions

Business, Economy, Foreign Affairs, News Flash, World News
U.S. Slams Nigeria’s Import Bans On 25 Products Amid Rising Global Trade Tensions The United States Trade Representative (USTR) has faulted Nigeria’s import ban on 25 items, saying the restrictions limit market access for American exporters. This comes almost a week after President Donald Trump announced sweeping tariffs on goods entering the US, with Nigeria getting 14 percent. In a post on X on Monday, the USTR highlighted what it described as “unfair trade practices faced by American exporters”. “Nigeria’s import ban on 25 different product categories impacts U.S. exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods,” the agency…
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Apr
03
2025
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By Abia ThinkTank
Our Doors Are Always Open To Receive ICAN, Governor Otti Assures

Our Doors Are Always Open To Receive ICAN, Governor Otti Assures

Abia State, Business, Economy, Education, News Flash
OUR DOORS ARE ALWAYS OPEN TO RECEIVE ICAN, GOVERNOR OTTI ASSURES. Abia State Governor, Dr Alex Otti says his Government is always ready to open its doors for members of the Institute of Chartered Accountants of Nigeria (ICAN). Governor Otti stated this Wednesday, in Umuahia during a banquet he organised for members of the Institute of Chartered Accountants of Nigeria who were in the State for their Eastern Zonal Conference. The Governor, represented by his Deputy, His Excellency, Engr. Ikechukwu Emetu, thanked the Abia born President of the institute, Chief Davidson Alaribe and his colleagues for choosing Abia State for…
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Apr
01
2025
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By Abia ThinkTank
Filling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute

Filling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute

News Flash, Business, Oil & Gas
Filling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute Filling stations in Lagos, Nigeria’s commercial capital city, have increased the price of a litre of petrol from ₦860 to ₦930, making consumers pay at least ₦70 more than what it used to cost them to buy a litre of the premium commodity days ago. The price increase has also become effective in parts of the country like Abuja and major northern cities with oil outlets now selling a litre of petrol between ₦950 to ₦970, depending on the filling stations. This represented a sharp increase of about ₦70 to ₦90…
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