At the conclusion of the Abia Business Roundtable in Umuahia, Governor Alex Otti reaffirmed his administration’s commitment to building a strong partnership between government and the private sector to drive economic growth and prosperity in the state.

The governor explained that while economic debates often contrast free-market ideas associated with Adam Smith and government intervention advocated by John Maynard Keynes, the best approach is a balanced one. According to him, government should not run businesses but must create the conditions that allow businesses to thrive.

To achieve this, the Abia State Government has prioritized massive investments in infrastructure, particularly roads, security, and power supply. Governor Otti revealed that more than 80% of the state’s budgets between 2024 and 2026 have been devoted to capital projects aimed at restoring investor confidence and reviving economic activity, especially in Aba and Umuahia.

He also highlighted policies such as tax relief for small businesses, prompt payment of workers and contractors, and training programmes for young people to prepare them for emerging economic opportunities.

The governor noted that the state is actively seeking investment in key sectors, including real estate, solid minerals, hospitality, ICT, manufacturing, and agriculture value chains.

He encouraged investors to engage with the Abia Public-Private Partnership and Investment Promotion Office to explore opportunities, emphasizing that Abia now offers favourable tax policies, improved infrastructure, and a large skilled workforce.

Governor Otti concluded with a clear message to the business community: Abia is open for business and ready for partnerships that will create jobs, expand opportunities, and deliver shared prosperity.