
From Moribund Assets To Living Industries: How Abia’s Development Strategy Fits Global Governance Theory – By Prof Chukwuemeka Ifegwu Eke
FROM MORIBUND ASSETS TO LIVING INDUSTRIES: HOW ABIA’S DEVELOPMENT STRATEGY FITS GLOBAL GOVERNANCE THEORY Reclaiming Failed Assets and the Logic of Developmental States When the Asset Management Corporation of Nigeria (AMCON) formally handed over Star Paper Mill to the Abia State Government in December 2025, the moment represented more than the recovery of a long-abandoned industrial facility. It illustrated what Robert H. Bates describes in The Politics of Development as the defining test of governance in post-colonial states: the ability of political leadership to reverse institutional decay rather than merely manage decline. Bates argues that development occurs when governments confront…









