Business

Nov
22
2025
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By Abia ThinkTank
Abia’s Joint Agricultural Intervention Project: A New Catalyst For Food Security And Rural Agrobusiness – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

Abia’s Joint Agricultural Intervention Project: A New Catalyst For Food Security And Rural Agrobusiness – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

Abia State, Agriculture, Business, Columns/Opinions/Letters, Economy
Abia’s Joint Agricultural Intervention Project: A New Catalyst for Food Security and Rural Agrobusiness By Ebere Uzoukwa, PhD Abia’s Joint Agricultural Intervention Project is emerging as one of the most ambitious agricultural renewal programmes in the Southeast. It represents a bold effort by the administration of Governor Alex Chioma Otti to reposition food production, strengthen rural enterprise and reinforce economic stability across the state. The recent inauguration of seventeen Farm Managers, one assigned to each Local Government Area, marks the transition from broad policy formulation to structured field level execution. At the ceremony, conducted on behalf of the Governor by…
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Nov
19
2025
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By Abia ThinkTank
The Enyimba Economic Distric & The Rise Of Abia’s SME Powerhouse: A Historical And Data-Driven Argument- By Prof Chukwuemeka Ifegwu Eke

The Enyimba Economic Distric & The Rise Of Abia’s SME Powerhouse: A Historical And Data-Driven Argument- By Prof Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Good Governance
THE ENYIMBA ECONOMIC DISTRICT & THE RISE OF ABIA’S SME POWERHOUSE: A HISTORICAL AND DATA-DRIVEN ARGUMENT The story of Abia’s economic revival cannot be told without acknowledging the deep historical roots of enterprise in Aba. From the 1970s textile clusters to the legendary “Aba Made” boom of the 1980s and early 2000s, Abia has always been Nigeria’s grassroots innovation capital. Yet, despite its enormous informal productivity, successive administrations allowed the economic engine to decay—flooded roads, epileptic power, zero standards support, and no export architecture. By 2019, UNIDO and the National Bureau of Statistics classified the Aba industrial cluster as one…
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Nov
13
2025
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By Abia ThinkTank
Ponmo Consumption Threatens $5 Billion Leather Industry – FGN

Ponmo Consumption Threatens $5 Billion Leather Industry – FGN

Economy, Business, FGN, News Flash
Ponmo Consumption Threatens $5 Billion Leather Industry – FGN The Federal Government has warned that the continued consumption of hides and skins, popularly known as ponmo, poses a serious threat to Nigeria’s leather industry, currently valued at about $5 billion. Speaking at the National Campaign Against the Consumption of Ponmo held on Thursday in Abuja, the Director-General of the Raw Materials Research and Development Council, Prof. Nnanyelugo Ikemounso, said the practice deprives local industries of vital raw materials needed for leather production and export. Ikemounso disclosed that the Nigerian leather goods market was valued at $2.79 billion in 2024 and…
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Oct
18
2025
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By Abia ThinkTank
AI Boosts Currency Stability Across Emerging Markets – New University Of Abuja Study Reveals- By Prof Chukwuemeka Ifegwu Eke

AI Boosts Currency Stability Across Emerging Markets – New University Of Abuja Study Reveals- By Prof Chukwuemeka Ifegwu Eke

Columns/Opinions/Letters, Business, Economy
PRESS RELEASE AI Boosts Currency Stability Across Emerging Markets — New University of Abuja Study Reveals Abuja, Nigeria A new study led by Dr. Chukwuemeka Ifegwu Eke of the University of Abuja’s Department of Economics and Sustainable Development Centre has revealed that Artificial Intelligence (AI) readiness significantly enhances exchange-rate stability across emerging economies. Drawing on panel data from 25 emerging nations between 2010 and 2024, the research—titled “Predictive Artificial Intelligence and the Stability of Financial Equilibrium in Emerging Economies: Dynamic and Lagged Adjustment Analyses”—demonstrates that countries with higher levels of AI development and digital finance adoption experience less currency volatility…
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Oct
12
2025
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By Abia ThinkTank
Lagos Government Demolishes Ola Of Lagos’ Car Showroom

Lagos Government Demolishes Ola Of Lagos’ Car Showroom

Lagos, Business, News Flash
Lagos Govt Demolishes Ola Of Lagos’ Car Showroom The Lagos State Government has reportedly demolished the car showroom owned by popular auto dealer and luxury influencer, Ola of Lagos. The social media personality confirmed the incident through his Instagram story, where he maintained a positive outlook despite the loss. A trending video captured the showroom being demolished, just months after he opened it. The reason for demolishing the structure wasn’t made public, as yet. In his reaction, Ola assured his followers that his business operations remain active and that a new showroom, “OOL Autos,” would soon open, promising it would…
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Oct
08
2025
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By Abia ThinkTank
Beyond The Lekki Illusion: Aba’s Real Manufacturing Might Humiliates Lagos’ Paper Economy – By Prof Chukwuemeka Ifegwu Eke

Beyond The Lekki Illusion: Aba’s Real Manufacturing Might Humiliates Lagos’ Paper Economy – By Prof Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Economy
Beyond the Lekki Illusion: Aba's Real Manufacturing Might Humiliates Lagos' Paper Economy The narrative of "Lagos Boiled by Igbo Economy" and the potential for Aba to rival China in West Africa is not merely entrepreneurial aspiration; it is a story underscored by official data and a telling political context. The failure of President Bola Tinubu to personally commission the new projects of monumental significance for the industrial revival of the South-East, on multiple scheduled occasions may speak volumes to ignorant minds, but stop and ponder for a second. This perceived snub, whether logistical or political, stands in stark contrast to…
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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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