Economy

Oct
12
2025
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By Abia ThinkTank
Alex Otti And The New Grammar Of Money: How ABIA State Is Rewriting Skidelsky’s Political Economy – By Prof Chukwuemeka Ifegwu Eke

Alex Otti And The New Grammar Of Money: How ABIA State Is Rewriting Skidelsky’s Political Economy – By Prof Chukwuemeka Ifegwu Eke

Columns/Opinions/Letters, Economy, Good Governance
Alex Otti and the New Grammar of Money: How Abia State Is Rewriting Skidelsky’s Political Economy When Robert Skidelsky wrote Money and Government, he was lamenting a world that had forgotten the moral purpose of economics — a world that treated markets as gods and governments as beggars.In faraway Abia, Governor Alex Otti seems to have taken that lament as a challenge. From the shattered books of a debt-ridden treasury, Otti has begun scripting a new grammar of governance — one that reads like a live translation of Skidelsky’s theory into Nigerian reality. In this new narrative, money is not…
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Oct
09
2025
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By Abia ThinkTank
Nigeria Has Pulled Back From Economic Collapse – Emir Sanusi Hails CBN Reforms

Nigeria Has Pulled Back From Economic Collapse – Emir Sanusi Hails CBN Reforms

CBN/Commercial Banking, Columns/Opinions/Letters, Economy
Nigeria Has Pulled Back From Economic Collapse – Emir Sanusi Hails CBN Reforms Former Central Bank of Nigeria (CBN) Governor, Sanusi Muhammadu Sanusi, has praised the current leadership of the apex bank for what he described as a “remarkable turnaround” in Nigeria’s monetary and economic stability. Speaking on recent economic developments, Sanusi said he had “nothing but positive words” for the CBN’s policies, noting that the institution had successfully stabilized the exchange rate and curbed the reckless monetary expansion that once threatened the economy. “We came from a period of very high instability due to loose monetary policy and uncontrolled…
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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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Oct
03
2025
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By Abia ThinkTank
President Tinubu To Commission Nigeria’s First $400m Crude Export Terminal In 50 Years

President Tinubu To Commission Nigeria’s First $400m Crude Export Terminal In 50 Years

Economy, News Flash, Oil & Gas
Tinubu To Commission Nigeria’s First $400m Crude Export Terminal In 50 Years President Bola Tinubu is expected to commission the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, 2025. It is the first new crude export facility to be built in Nigeria in more than 50 years. The Executive Director of Legal and Corporate Services of Green Energy International Limited, GEIL, Olusegun Ilori, disclosed this in a statement on Thursday. The facility, built by GEIL, operators of the Otakikpo field in OML 11, Ikuru Town, Andoni Local Government Area of Rivers State, will become…
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Sep
19
2025
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By Abia ThinkTank
Beyond Made-In-China: ABIA State Aims To Become Africa’s New Workshop For Innovation With Creative Talent Hunt – By Prof. Chukwuemeka Ifegwu Eke

Beyond Made-In-China: ABIA State Aims To Become Africa’s New Workshop For Innovation With Creative Talent Hunt – By Prof. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance
Beyond Made-in-China: Abia State Aims to Become Africa's New Workshop for Innovation with Creative Talent Hunt UMUAHIA, Abia State – In a bold move that echoes the state-directed industrial revolutions of East Asia, the Abia State Government has launched a strategic initiative to identify, nurture, and deploy its most valuable natural resource: the ingenuity of its youth. The Abia Creatives Talent Hunt, which closes applications today, September 18, 2025, is not merely a contest; it is the foundational pillar of a grand economic strategy to position the state as Africa’s premier hub for tangible innovation and manufacturing creativity. Gone is…
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Sep
18
2025
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By Abia ThinkTank
Governor Otti: A Model Of Transparency And Support For Tinubu’s Reforms – By Prof. Chukwuemeka Ifegwu Eke

Governor Otti: A Model Of Transparency And Support For Tinubu’s Reforms – By Prof. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance
Governor Otti: A Model of Transparency and Support for Tinubu's Reforms Introduction: Setting the Record Straight Governor Alex Otti of Abia State has been the target of baseless allegations claiming he is sabotaging President Tinubu. These claims are not only false but ignore Otti’s consistent support for Tinubu’s reforms, his transparent governance, and his significant achievements in Abia. Here’s a detailed rebuttal: Full Support for Tinubu’s Reforms Governor Otti has publicly endorsed President Tinubu’s economic policies, including the fuel subsidy removal, calling it "courageous and necessary" . He emphasized that his alignment with Tinubu’s reforms is based on long-held economic…
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Sep
18
2025
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By Abia ThinkTank
The New Abia: Debunking The Lies With Facts And Evidence – By Prof. Chukwuemeka Ifegwu Eke

The New Abia: Debunking The Lies With Facts And Evidence – By Prof. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance
Debunking the Lies with Facts and Evidence 💎 Introduction: Separating Fact from Fiction In recent weeks, Governor Alex Otti of Abia State has faced a coordinated campaign of misinformation regarding his administration's policies and achievements. This comprehensive analysis examines the factual record to counter these baseless allegations and provide the public with verified information about the governor's transparent and effective governance approach. Through meticulous documentation and open communication, the Otti administration has demonstrated an unwavering commitment to accountability and development in Abia State. Detailed Rebuttal of Specific Allegations Airport Land Compensation: Transparency in Process Allegation: That Governor Otti lied about…
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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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