Economy

Sep
17
2025
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By Abia ThinkTank
N22.7trn Printed Under Buhari’s Govt ‘Collapsed’ Nigeria’s Economy – Ex-Speaker Dogara

N22.7trn Printed Under Buhari’s Govt ‘Collapsed’ Nigeria’s Economy – Ex-Speaker Dogara

Economy, CBN/Commercial Banking, FGN, Interviews
N22.7trn Printed Under Buhari’s Govt ‘Collapsed’ Nigeria’s Economy – Ex-Speaker Dogara Former Speaker of the House of Representatives, Yakubu Dogara, has attributed the decline in the value of the naira to the economic policies of the previous administration, which printed and injected N22.7 trillion into the economy. Dogara also described the foreign loan and crude oil-tied measures that sustained it as nothing short of voodoo economics. Noting that the policy under late President Muhammadu Buhari undermined the currency’s value, Dogara argued that the massive liquidity injection, coupled with dual exchange rates and unproductive forex allocations, left the nation’s economy teetering…
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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
17
2025
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By Abia ThinkTank
We’ve Taken Over 10 Million Nigerians Out Of Multidimensional Poverty – Presidency

We’ve Taken Over 10 Million Nigerians Out Of Multidimensional Poverty – Presidency

Economy, News Flash, Presidency
We’ve Taken Over 10 Million Nigerians Out Of Multidimensional Poverty – Presidency The Presidency has stated that the ongoing government investments in infrastructure have helped lift over 10 million Nigerians out of multidimensional poverty. This was made known by the Special Adviser to the Presidency on Economic Matters, Tope Fasua in an interview with Channels on Tuesday. Fasua explained the central role of infrastructure development in addressing multidimensional poverty, which he described as poverty arising from a lack of access to basic social amenities rather than income alone. He noted that despite the absence of updated multidimensional poverty data since…
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Sep
15
2025
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By Abia ThinkTank
Governor Otti, Business Community Again Unite For Aba’s Rebirth – By Ebere Uzoukwa, Ph.D(SSA To Governor Otti On Public Affairs)

Governor Otti, Business Community Again Unite For Aba’s Rebirth – By Ebere Uzoukwa, Ph.D(SSA To Governor Otti On Public Affairs)

Abia State, Columns/Opinions/Letters, Economy, Good Governance, Infrastructure
Governor Otti, Business Community Again Unite for Aba’s Rebirth By Ebere Uzoukwa, PhD The story of Aba, long regarded as the commercial heartbeat of Eastern Nigeria, is being rewritten under the purposeful leadership of Governor Alex Chioma Otti, OFR. Once a city suffocated by neglect, insecurity, collapsed infrastructure and poor planning, Aba is now experiencing an unprecedented revival driven by reforms, strategic partnerships and a renewed commitment to good governance. Central to this rebirth is the synergy between Governor Otti’s administration and the Aba business community, whose collaboration is laying the foundation for Aba’s restoration as the economic nerve centre…
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Sep
14
2025
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By Abia ThinkTank
The Ripple Effect Of Empowerment: How One ABIA Farmer Is Multiplying Governor Otti’s Investment – By Prof. Chukwuemeka Ifegwu Eke

The Ripple Effect Of Empowerment: How One ABIA Farmer Is Multiplying Governor Otti’s Investment – By Prof. Chukwuemeka Ifegwu Eke

Agriculture, Columns/Opinions/Letters, Economy, Good Governance
The Ripple Effect of Empowerment: How One Abia Farmer is Multiplying Governor Otti's Investment In the heart of Abia State, a powerful story of agricultural transformation is unfolding—one that moves beyond temporary aid to sustainable empowerment. This story exemplifies a new strategic approach by the Abia State Government under Governor Alex Otti, OFR, demonstrating how targeted investment in human capacity can create a ripple effect of prosperity throughout communities. The catalyst for this change is the innovative CSS (Called Servants to Serve) agricultural initiative. Since 2017, I have served as a consultant to the organization behind CSS, which operates a…
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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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Sep
02
2025
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By Abia ThinkTank
A Beautiful Mind: Understanding The Equations Of Order And Chaos – By Dr. Chukwuemeka Ifegwu Eke

A Beautiful Mind: Understanding The Equations Of Order And Chaos – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance
A Beautiful Mind: Understanding the Equations of Order and Chaos What is genius but the ability to impose order on chaos? To look upon the swirling, unpredictable storm of human interaction, economic forces, or abstract mathematics and discern a hidden pattern, a rule, a stable state. This rare faculty lives in the minds of both the pure theorist and the practical leader. In the quiet, haunted corridors of John Nash's mathematical imagination and the bustling, demanding arena of Dr. Alex Otti's executive office, we find two vastly different men engaged in the same fundamental pursuit: solving the world's most complex…
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Aug
23
2025
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By Abia ThinkTank
A New Era Of Coordinated Development: How Abia’s GODA, GADA, And UCDA Are Driving State-Wide Transformation – By Dr. Chukwuemeka Ifegwu Eke

A New Era Of Coordinated Development: How Abia’s GODA, GADA, And UCDA Are Driving State-Wide Transformation – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance, Infrastructure
A New Era of coordinated Development: How Abia’s GODA, GADA, and UCDA Are Driving State-Wide Transformation Under the visionary leadership of Governor Alex Otti, OFR, Abia State has embarked on an unprecedented journey of integrated and even development, strategically engineered to ensure no senatorial district is left behind. This transformative agenda is being executed through a powerful tripartite framework of specialized development authorities: the Greater Ohafia Development Authority (GODA), the Greater Aba Development Authority (GADA), and the Umuahia Capital Development Authority (UCDA). Functioning as strategic special purpose vehicles (SPVs), these authorities are empowered to drive regional development, expedite critical infrastructure…
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Aug
21
2025
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By Abia ThinkTank
Abia State’s Historic Acquisition Of Star Paper Mill: A Catalyst For Industrial Renaissance In Southeastern Nigeria -By Dr. Chukwuemeka Ifegwu Eke

Abia State’s Historic Acquisition Of Star Paper Mill: A Catalyst For Industrial Renaissance In Southeastern Nigeria -By Dr. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance
Abia State's Historic Acquisition of Star Paper Mill: A Catalyst for Industrial Renaissance in Southeastern Nigeria Executive Summary In a landmark development for industrial policy in southeastern Nigeria, Abia State Governor Alex Otti has successfully secured approval for the acquisition of the moribund Star Paper Mill from the Asset Management Corporation of Nigeria (AMCON). This strategic move, announced on August 7, 2025, represents a decisive step toward revitalizing one of Nigeria's formerly thriving industrial assets that had become a symbol of economic decay after years of abandonment. The acquisition signals a bold commitment to reversing industrial decline and stimulating economic…
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Aug
19
2025
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By Abia ThinkTank
FGN Begins Review Of Revenue Allocation Formula

FGN Begins Review Of Revenue Allocation Formula

FGN, Economy, News Flash
FG Begins Review Of Revenue Allocation Formula The Federal Government has officially commenced the process of reviewing the nation’s revenue allocation formula to meet current realities. Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Bello Shehu announced the commencement of the review process at a press conference at Yar’Adua Centre in Abuja on Monday. There are indication that the new formula would give more funds to the states of the federation. Sources in the commission disclosed that government was planning to increase total allocation to the states to between 30 and 40% from the current formula which…
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