Economy

Jun
02
2025
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By Abia ThinkTank
FGN Under Pressure To Suspend Allocations To Zamfara, Benue Over Non-functional State Assemblies

FGN Under Pressure To Suspend Allocations To Zamfara, Benue Over Non-functional State Assemblies

Economy, News Flash, Northern Nigeria, Politics
FG Under Pressure To Suspend Allocations To Zamfara, Benue Over Non-functional State Assemblies The Federal Government is reportedly under pressure to halt statutory allocations to Zamfara and Benue States until their Houses of Assembly are fully functional and constitutionally constituted. The pressure is said to be facilitated by the Coalition for Democratic Governance in Africa (CDGA). In a statement signed by its convener, Dr. Paul Barka, the group warned that allowing governors to operate without legislative oversight undermines democracy and encourages executive impunity. Citing recent federal action against Osun State over undemocratic local government practices, the CDGA urged the same…
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Jun
01
2025
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By Abia ThinkTank
Be Patient With Me – President Tinubu Begs Nigerians

Be Patient With Me – President Tinubu Begs Nigerians

Abia State, Economy, FGN, News Flash, Politics
Be Patient With Me – President Tinubu Begs Nigerians President Bola Tinubu has appealed to Nigerians to be patient with him. The president made the appeal at the inauguration of the completed Phase 1, Section 1 (30km by six lanes) of the 750km Lagos-Calabar Coastal Highway on Saturday. He said, “I know at this stage, your expectation is still very high and our people are still going through difficult times. I take this opportunity to appeal to all Nigerians that the hope is here and it is realisable. “You would be proud of the benefits, there is light at the…
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May
30
2025
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By Abia ThinkTank
2-Year-Anniversary: ATTNEWS Felicitates With His Excellency, Dr. Alex Chioma Otti OFR, Executive Governor Of ABIA State And His Deputy Engr Ikechukwu Emetu FNSE

2-Year-Anniversary: ATTNEWS Felicitates With His Excellency, Dr. Alex Chioma Otti OFR, Executive Governor Of ABIA State And His Deputy Engr Ikechukwu Emetu FNSE

Abia State, Columns/Opinions/Letters, Economy, Good Governance, People & Events
Felicitation MessageHis Excellency, Dr. Alex Chioma Otti, OFRExecutive Governor of Abia State On this momentous occasion commemorating the biennium of your distinguished gubernatorial tenure, inaugurated on the 29th day of May 2023, we unite with Abia State's citizenry and the Nigerian populace in tendering our most profound felicitations for this consequential milestone. Your visionary stewardship has catalyzed transformative advancements across the state, evincing an unwavering dedication to civic welfare and developmental excellence through meticulously orchestrated initiatives and infrastructural enterprises. We extol your indefatigable commitment to institutionalizing accountable governance, stimulating sustainable economic revitalization, and enshrining principles of equitable justice. Your strategic…
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May
30
2025
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By Abia ThinkTank
The New ABIA At Two: Sustaining The Momentum – Being Governor Otti’s Second Anniversary Speech On May 29, 2025

The New ABIA At Two: Sustaining The Momentum – Being Governor Otti’s Second Anniversary Speech On May 29, 2025

Abia State, Economy, Good Governance, News Flash
THE NEW ABIA AT TWO: SUSTAINING THE MOMENTUM Being the Text of a Speech Delivered by Gov. Alex C. Otti, OFR, on May 29, 2025 to Mark the Second Anniversary of the Government Protocols Today is a special day in the annals of our history and I share in the joy of millions of Abians at home and in the diaspora whose sacrifices and resilient push for a better social and economic deal for the State took down the old stronghold that arrested our development for decades and ushered in a new dawn of hope and progress. For our people,…
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May
30
2025
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By Abia ThinkTank
We Committed Over N40 Billion In Offsetting Arrears Of Salary, Pensions, Ready To Do More – Gov. Otti

We Committed Over N40 Billion In Offsetting Arrears Of Salary, Pensions, Ready To Do More – Gov. Otti

Abia State, Economy, Good Governance, News Flash, People & Events
WE COMMITTED OVER N40 BILLION IN OFFSETTING ARREARS OF SALARY, PENSIONS, READY TO DO MORE - GOV. OTTI Abia State Governor, Dr Alex Otti, OFR says his administration has so far committed over N40 Billion in offsetting arrears of salaries and pensions owed by previous administrations in the State. Governor Otti disclosed this at the Umuahia Township Stadium, during the grand finale of the activities marking his 2nd year anniversary in office. He noted that his administration has ended the dark era of owing civil servants and pensioners in the State. The Governor while saying that he has through regular…
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May
28
2025
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By Abia ThinkTank
Celebrating The Stars Of Tomorrow: Being Governor Otti’s Address At The Umuahia Township Stadium At The Celebration Of The 2025 Children’s Day

Celebrating The Stars Of Tomorrow: Being Governor Otti’s Address At The Umuahia Township Stadium At The Celebration Of The 2025 Children’s Day

Abia State, Economy, Good Governance, News Flash
CELEBRATING THE STARS OF TOMORROW Being the Text of an Address Presented by Governor Alex C. Otti, OFR, at the Umuahia Township Stadium on Tuesday, May 27, 2025, at the Celebration of the 2025 Children’s Day Protocols It is my honour to join the children of Abia State, fellow parents, teachers and all who love the joy and excitement that come with being around the young ones in welcoming all of us to the 2025 International Children’s Day celebration in our State. We have gathered as members of one large family to share in the excitement of our children as…
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May
28
2025
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By Abia ThinkTank
Economy: Don’t Blame Tinubu, Nigerians Are Used To Cheap Money – Orji Uzor Kalu

Economy: Don’t Blame Tinubu, Nigerians Are Used To Cheap Money – Orji Uzor Kalu

Economy, Columns/Opinions/Letters, FGN, Politics
Economy: Don’t Blame Tinubu, Nigerians Are Used To Cheap Money – Orji Uzor Kalu Former Abia State Governor and Senator representing Abia North, Orji Uzor Kalu, has said Nigerians are raising their voices against the economic policies of President Bola Ahmed Tinubu because they are used to making easy money. Kalu made the remarks on Tuesday while speaking with journalists at the National Assembly complex. Asked to appraise the economy under the present administration, the Chief Whip of the Senate, who acknowledged that Nigerians are suffering due to the economic reforms, claimed that the positive effects of the reforms would…
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May
28
2025
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By Abia ThinkTank
Looted Funds: EFCC, ICPC Have Recovered $967.5Bn, N277Bn -FGN

Looted Funds: EFCC, ICPC Have Recovered $967.5Bn, N277Bn -FGN

Crime, Economy, FGN, News Flash
Looted Funds: EFCC, ICPC Have Recovered $967.5Bn, N277Bn – FGN The Federal Government, on Tuesday, disclosed that looted funds totalling $ 967.5 billion and N277 billion have been recovered in cash and assets. The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, said the recovery was made in 2024 alone. According to him, whereas the Economic and Financial Crimes Commission, EFCC, reclaimed over N248 billion, $105 million, and 753 duplexes in its asset recovery efforts, on the other hand, the Independent Corrupt Practices and Other Related Offences Commission, ICPC, recovered N29.685 billion in cash and $966,900…
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May
27
2025
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By Abia ThinkTank
Tinubu Seeks Approval For $21.5Bn, €2.2Bn Foreign Loans

Tinubu Seeks Approval For $21.5Bn, €2.2Bn Foreign Loans

Economy, FGN, News Flash, Presidency
Tinubu Seeks Approval For $21.5Bn, €2.2Bn Foreign Loans President Bola Ahmed Tinubu has written to the House of Representatives seeking approval for three major financial proposals involving external and domestic borrowings amounting to billions of dollars, euros, and naira. In a set of letters read on Tuesday during plenary by the Speaker, Abbas Tajudeen, the president requested legislative backing for the federal government’s external borrowing rolling plan for 2025–2026, a $2 billion foreign currency bond issuance in the domestic market, and the issuance of bonds to clear outstanding pension liabilities under the Contributory Pension Scheme (CPS). – $2bn Foreign Currency…
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May
27
2025
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By Abia ThinkTank
The Otti Wave In ABIA (2023-2025): A Political-Economic Renaissance – By Dr. Chukwuemeka Ifegwu Eke

The Otti Wave In ABIA (2023-2025): A Political-Economic Renaissance – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Economy, Good Governance
The Otti Wave in Abia (2023–2025): A Political-Economic Renaissance The ascension of Governor Alex Otti in Abia State has catalyzed a transformative wave, redefining governance through a blend of infrastructural revolution, fiscal discipline, and social inclusivity. Drawing from Abia’s government publications and news databases, this article explores the political-economic implications of the "Otti Wave," anchoring its analysis in development theories, fiscal frameworks, and grassroots impact. 1. Infrastructure-Led Development: Roads as Economic EnablersGovernor Otti’s administration has prioritized road infrastructure as a cornerstone of economic revival. Over 200 kilometers of roads, including the dualized Owerrinta-Umuikaa Road and rehabilitated Ohanku Road, have been…
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