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Gov Otti Highlights Investment Priorities In Abia

LEADERSHIP News by LEADERSHIP News
1 month ago
in News
Governor Otti
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Governor Alex Otti of Abia State has highlighted seven priority sectors and investment opportunities to drive industrialisation and economic development in the state.

The News Agency of Nigeria (NAN) reports that Otti made this known at the Nigerian-British Chamber of Commerce (NBCC) “Meet the Governor Series” in Lagos.

The ‌event had the theme: “Repositioning Abia for Enterprise, Industrialisation and Sustainable Economic Growth”.

The governor listed the priority sectors as agribusiness and agro-processing, trade and markets, creative and digital economy, manufacturing and industrialisation.

Others are Small and Medium Enterprise growth and the informal sector, inclusive finance, and diaspora investment and innovation.

He said the sectors were designed to leverage Abia’s productive base while creating opportunities for domestic and international capital.

Otti, declaring Abia “open for business”, highlighted reforms in fiscal governance, infrastructure, human capital development and investment opportunities across key sectors.

According to him, the state’s 2026 budget of N1.016 trillion allocates 80 per cent to capital expenditure.

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He said internally generated revenue, targeted at N223.4 billion, was expected to fund recurrent obligations.

Otti said the approach was designed to channel external and private capital toward infrastructure and other growth-generating assets.

He said the state had also recorded progress in fiscal transparency, ranking fourth in the BudgIT States Fiscal Transparency League in the fourth quarter of 2025.

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