Economy

Hon. Ben Kalu, Southeast Representatives Accused Of Sycophancy Towards Tinubu?

Hon. Ben Kalu, Southeast Representatives Accused Of Sycophancy Towards Tinubu?

A public analyst and political commentator has responded to recent comments made by the Deputy Speaker of the Federal House of Representatives, Rt. Hon. Benjamin Okezie Kalu. Kalu asserted that the rapid development occurring in Abia State under Governor Alex Chioma Otti, OFR, should be credited to President Bola Ahmed Tinubu, who has allocated significant funds for these projects. In a reaction posted on Facebook, Udumeze Ukwu remarked, "Considering the widespread demolitions and destruction of Igbo properties in Lagos, Hon. Ben Kalu has not deemed it necessary to address the issue in the House, apparently wanting to maintain a favorable…
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Abia Seeks Partnership, Not AID, Handouts; Gov. Otti Tells Visiting US Ambassador.

Abia Seeks Partnership, Not AID, Handouts; Gov. Otti Tells Visiting US Ambassador.

The United States Ambassador to Nigeria, His Excellency, Ambassador Richard Mills has lauded the leadership style of the Abia State Governor, Dr. Alex Otti, OFR. Ambassador Richard Mills was speaking during his visit to the Governor at his office. He lauded the leadership style of Governor Alex Otti and noted that it is a powerful example of how to improve governance. Ambassador Mills said that he is in Abia to discover more about opportunities existing in the State, and to explore ways that the US could work together to advance goals as well as deepen the partnership between the United…
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Revenue target: What might have been! – By abiodun KOMOLAFE

Revenue target: What might have been! – By abiodun KOMOLAFE

“Today I can stand here before you to brag: Nigeria is not borrowing. We have met our revenue target for the year and we met it in August”. That was President Bola Ahmed Tinubu, speaking in a recent address to key political figures. Tinubu announced that Nigeria had met its revenue target for 2025 ahead of schedule and would no longer rely on borrowing to fund its budget. He attributed the feat to strategic economic reforms that were focused on the non-oil sector. The president asserted that Nigeria's economy is now on a predictable and stable path, that the era…
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Aba Business Community Raises Funds For Security Trust Fund, As Gov. Otti Announces Commissioning Of Port Harcourt Road By President Tinubu

Aba Business Community Raises Funds For Security Trust Fund, As Gov. Otti Announces Commissioning Of Port Harcourt Road By President Tinubu

Members of the Aba business community have raised millions of Naira to support Governor Alex Otti's Security Trust Fund in the State. Addressing the business community at the Aba Stakeholders Security Trust Fundraising Launcheon held on Thursday, September 11th at the Aba Sports Club, Governor Otti said that his government recognises security as the bedrock of development. The Governor, restated that security occupies the centre stage of his Government and assured that he would not compromise on issues of security, adding that, no Kobo of the funds raised or other public funds would be mismanaged under his watch. "Security is…
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Gov. Otti Signs The Mini-Grid Framework Regulation Into Use In Abia State.

Gov. Otti Signs The Mini-Grid Framework Regulation Into Use In Abia State.

Abia State Governor, Dr. Alex Otti, OFR, has signed into use the Abia Mini-Grid Regulation framework, a document aimed at opening and unleashing private sector-driven investment in the Abia State Electricity Generation and Distribution to the unserved and underserved communities across the State. Signing the memorandum of understanding on Wednesday, September 10th at the Banquet Hall of the Government House, Umuahia, Governor Otti said that the event is the climax of several months of planning, stakeholder engagements, confidence building, ideation, and reviews by policy experts, investors, and energy consumers. "We have gathered this afternoon to collectively adopt a new framework…
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