Economy

The Long Game Of Institutions: An Institutional Economic Strategy For Abia State – By Prof Chukwuemeka Ifegwu Eke

The Long Game Of Institutions: An Institutional Economic Strategy For Abia State – By Prof Chukwuemeka Ifegwu Eke

THE LONG GAME OF INSTITUTIONS: AN INSTITUTIONAL ECONOMIC STRATEGY FOR ABIA STATE Institutions as the Foundation of Economic Life K. William Kapp’s The Foundations of Institutional Economics begins from a fundamental rejection of the idea that economic outcomes are the natural result of market forces operating in isolation. For Kapp, the economy is not an autonomous system governed solely by prices and individual choice, but a social process embedded in legal, political, and cultural institutions. As he argues, “economic processes are always socially organized and institutionally conditioned” (Kapp, 2011, p. 6). Development, therefore, cannot be reduced to capital accumulation or…
Read More
From Elusive Growth To Deliberate Reform: Otti Through Easterly’s Lens – By Prof Chukwuemeka Ifegwu Eke

From Elusive Growth To Deliberate Reform: Otti Through Easterly’s Lens – By Prof Chukwuemeka Ifegwu Eke

From Elusive Growth to Deliberate Reform: Otti Through Easterly’s Lens William Easterly’s central argument in The Elusive Quest for Growth is that underdevelopment persists not because leaders fail to dream, but because economies operate on the wrong incentives. Growth does not emerge from declarations, committees or applause; it emerges when the rules of a society reward productivity, innovation and accountability rather than rent-seeking. Viewed through this lens, Abia State under Governor Alex Otti represents a deliberate attempt to reverse decades of distorted incentives and institutional decay. What makes the Otti moment particularly significant is that he is not merely increasing…
Read More
Diaspora Leaders Voice Of Reason: Alex Otti An Incredible Leader – By Christian Kalu Mba Agbai

Diaspora Leaders Voice Of Reason: Alex Otti An Incredible Leader – By Christian Kalu Mba Agbai

Diaspora Leaders voice of reason - Alex Otti an incredible leaderBy Christian Kalu Mba Agbai Welcome to the first instalment of Diaspora leaders voice of reason. My name is Chris Kalu Mba Agbai and I am one of the prominent UK Nigerian Diaspora leaders, a senior teacher who has worked successfully as a vice chair of the prestigious Nigeria CANUK group and the Nigerian UK high commission. CANUK (Central association of Nigerians in the UK is an umbrella body charged with informing, caring and communicating with the numerous Nigerian associations in the UK.The key comment of this article is Governor…
Read More
‘Use Money For Rolls-Royce To Build Industries Instead’, Dangote Tells Luxury Car Users

‘Use Money For Rolls-Royce To Build Industries Instead’, Dangote Tells Luxury Car Users

‘Use Money For Rolls-Royce To Build Industries Instead’, Dangote Tells Luxury Car Users Chairman of the Dangote Group, Aliko Dangote, has urged wealthy Nigerians to divert funds spent on luxury items such as Rolls-Royce cars and private jets into building industries that can boost job creation and stimulate economic growth. In a recent interview clip shared online, Dangote lamented the growing culture of extravagant spending among the elite, saying the country’s development depends on local investors taking responsibility. “If you have money to buy Rolls-Royce, you should take that money and go put up an industry in your locality or…
Read More
Abia In The Global Spotlight: Why A Sub-National State Is Suddenly Shaping Global Digital Conversations- By Prof Chukwuemeka Ifegwu Eke

Abia In The Global Spotlight: Why A Sub-National State Is Suddenly Shaping Global Digital Conversations- By Prof Chukwuemeka Ifegwu Eke

ABIA IN THE GLOBAL SPOTLIGHT: WHY A SUB-NATIONAL STATE IS SUDDENLY SHAPING GLOBAL DIGITAL CONVERSATIONS Abia State has emerged—almost unexpectedly—as one of the most discussed sub-national territories across global digital platforms. What began with the unveiling of a trillion-naira budget spiralled into a worldwide conversation involving governance, transparency, human rights, public accountability, and the future of sub-national development in Nigeria. From X (formerly Twitter) to TikTok, Facebook, Reddit, and diaspora-focused online magazines, Abia is suddenly a case study attracting equal measures of applause, confusion, admiration, and concern. This feature investigates why Abia State is trending globally, explores the tensions shaping…
Read More
Abia At A CrossRoads: A Factual, Historical, And Reasoned Defence Of Otti’s 2026 Budget And Governance Trajectory- By Prof Chukwuemeka Ifegwu Eke

Abia At A CrossRoads: A Factual, Historical, And Reasoned Defence Of Otti’s 2026 Budget And Governance Trajectory- By Prof Chukwuemeka Ifegwu Eke

ABIA AT A CROSSROADS: A FACTUAL, HISTORICAL, AND REASONED DEFENCE OF OTTI’S 2026 BUDGET AND GOVERNANCE TRAJECTORY INTRODUCTION: WHY CONTEXT MATTERS MORE THAN SENTIMENT Public discourse in Abia State has recently been dominated by claims that Governor Alex Otti’s 2026 budget is unrealistic, deceitful or deliberately inflated. Such criticisms, amplified by former finance officials and political actors, often ignore the historical, structural and fiscal realities that shaped Abia’s governance environment long before Otti entered office. In policy analysis, especially at state level, facts—not political interpretations—must anchor conversation. Budgets reflect the intersection of inherited liabilities, present economic conditions and forward-looking development…
Read More
2025 OHAFIA TRADE FAIR – BATTLE OF BRANDS; “Ohafia, The Emerging Niche”

2025 OHAFIA TRADE FAIR – BATTLE OF BRANDS; “Ohafia, The Emerging Niche”

PUBLIC ANNOUNCEMENT 2025 OHAFIA TRADE FAIR – BATTLE OF BRANDS.“Ohafia, the Emerging Niche” The Ohafia Local Government Area, under the dynamic leadership of the Mayor, Chief Eleanya OJUU KALU, proudly invites the general public to the 2025 OHAFIA TRADE FAIR tagged “Battle of Brands”, a grand economic event designed to showcase creativity, enterprise, innovation, and the commercial strength of Ohafia and Abia State at large. This historic trade fair will hold from: 📅 Tuesday 16th – Saturday 20th December, 2025📍 Ohafia LGA Secretariat, Ebem Ohafia⏰ 6:00am – 6:00pm daily THIS IS A CALL TO ALL NIGERIAN VENDORS & INDUSTRIESWe specially…
Read More
How Governor Otti Is Rebuilding Confidence In Made In Aba Products – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

How Governor Otti Is Rebuilding Confidence In Made In Aba Products – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

How Governor Otti is Rebuilding Confidence in "Made in Aba" Products By Ebere Uzoukwa, PhD The launch of the Micro, Small and Medium Enterprises (MSME) Competitiveness and Industrial Productivity Program on Thursday, 27 October 2025, stands as a clear demonstration of how Governor Alex Otti is restoring pride and credibility to Made in Aba products. By introducing a structured system that prioritises standards, certification and global competitiveness, the governor is directly confronting years of erosion in consumer trust. He is reaffirming, through deliberate action, that Abia’s artisans and manufacturers possess the skill and ingenuity to meet the highest levels of…
Read More
Will Life Be Easier For The Poor In Abia In 2026? – By Prof Chukwuemeka Ifegwu Eke

Will Life Be Easier For The Poor In Abia In 2026? – By Prof Chukwuemeka Ifegwu Eke

WILL LIFE BE EASIER FOR THE POOR IN ABIA IN 2026? Using the 2026 Budget + Street Realities The 2026 Abia Budget is ₦1.016 trillion. Out of this, ₦811.8bn (about 80%) is for capital projects. Only ₦204.4bn (20%) is for recurrent spending. These numbers tell us clearly that the government is chasing long-term reforms, not short-term welfare. On the street today, the poor face the same pressures everywhere in Nigeria: transport is high, food is expensive, and small businesses are weak. Even when roads are being fixed, construction causes temporary suffering before relief comes. But the capital-heavy structure of the…
Read More
When Facts Are Public And Free, Ignorance Becomes A Choice – By Prof Chukwuemeka Ifegwu Eke

When Facts Are Public And Free, Ignorance Becomes A Choice – By Prof Chukwuemeka Ifegwu Eke

WHEN FACTS ARE PUBLIC AND FREE, IGNORANCE BECOMES A CHOICE A Rebuttal to Oracle’s Misleading Take on Abia’s 2025–2026 Budgets It would be a great disservice to Abia State if Obinna Oriaku keeps quiet. Let him ventilate — because the loudest voices in the room are often the least informed, and silence allows falsehood to ferment into public opinion. When critics choose conjecture over documentation, it is our civic duty to respond firmly, clearly and factually. This rejoinder is not written to praise the government. It is written to defend truth. The Writer Built His Attack on a Budget That…
Read More