Economy Archives - Page 4 of 95

May

05

2026

How Abia Secured Access to $700M World Bank SURWASH Fund

Abia State, Business, Economy, Opinion, PoliticsAbia State, Alex Otti, Metro, Opinion, Politics

By Ebere Uzoukwa, PhD Abia State’s qualification for the 700 million dollar World Bank supported SURWASH programme stands as a defining moment in its development trajectory. It signals a clear endorsement of the state’s governance direction under Governor Alex Chioma Otti. Far from being incidental, this achievement reflects a disciplined commitment to transparency, accountability and prudent management of public resources; qualities that have steadily restored confidence in Abia’s institutions and leadership. Abia State’s emergence as one of the six beneficiaries of the programme is neither accidental nor politically convenient, rather an outcome of a deliberate governance shift anchored on transparency,…

May

01

2026

By Amos Oge Kalu

Jubilation As Hon. Ibe Okwara Osonwa Lights Up Isu Community, Arochukwu LGA With Solar Power, Enhancing Security.

Abia State, Economy, Metro, News, Ohafia, PoliticsAbia State, Ibe Okwara Osonwa, Metro, Ohafia, Politics

ISU, Arochukwu LGA. Arochukwu/Ohafia Constituency – A wave of jubilation has swept through the Isu community as another significant project, spearheaded by Hon Ibe, has brought much-needed solar-powered street lighting to the area. The installation of these all-in-one solar street lights is being hailed as a boost to the Clan security.Residents expressed immense gratitude to the People's Honourable. These lights will not only deter crime but also allow our people to move about freely after dark. The community pleaded to Honourable Ibe to never relent in his effort to bring permanent peace to the boundary dispute between Isu and Utuma…

Apr

23

2026

By Amos Oge Kalu

Power, Performance, And People: How Hon. Ibe Okwara Is Redefining Representation In Arochukwu/Ohafia

Abia State, Economy, Metro, News, Ohafia, Politics

In a political environment often weighed down by promises that rarely materialize, the emergence of Hon. Chief Ibe Okwara as a results-driven legislator is both refreshing and instructive. As a first-term representative, he has not merely stepped into office—he has stepped into relevance, carving a distinct niche defined by action, accessibility, and measurable impact. His recent “mind-blowing” empowerment programme for the people of Arochukwu/Ohafia Federal Constituency stands as a bold statement of intent: governance must be felt, not just heard. Held at the Ohafia LGA Secretariat in Ebem Ohafia, the event drew an energetic cross-section of constituents from all wards—an…

Apr

16

2026

By Amos Oge Kalu

Abia Transport Revolution: Umuahia Central Bus Terminal Set for Commissioning

Abia State, Business, Economy, Opinion, Social IssuesAbia State, Economy, Opinion, Politics

By Ebere Uzoukwa, PhD Umuahia is set for a major shift in urban mobility as the state prepares to commission the Umuahia Central Bus Terminal, a pioneering facility expected to redefine public transportation across Abia State. The project represents a significant milestone in the government’s ongoing efforts to modernise infrastructure and restore order to the transport system. Conceived as a world class intermodal hub, the terminal is equipped with organised loading bays, spacious passenger lounges, digital ticketing infrastructure, robust security and surveillance systems, and ample parking space. It is also designed to support the state’s expanding fleet of electric buses,…

Apr

02

2026

By Amos Oge Kalu

Why CBN Recapitalization May Not Drive Real Sector Growth — Oyedokun

Business, Economy, NewsBusiness, CBN, Economy

A professor of accounting at Lead City University, Godwin Oyedokun, has cautioned that the recently concluded bank recapitalisation exercise by the Central Bank of Nigeria (CBN) may not automatically stimulate growth in Nigeria’s real sector. Speaking in an interview on Wednesday, Oyedokun acknowledged the significance of the recapitalisation programme but warned against assuming it would directly improve credit access, especially for small businesses and informal operators. The CBN had earlier announced the successful completion of its recapitalisation initiative, which commenced in March 2024 and ended on March 31, 2026. According to the apex bank, 33 financial institutions met the new…