Economy Archives - Page 13 of 69

Jul

14

2025

Results Through Partnerships: Governor Otti Outlines Vision for Abia’s Development at ABSIID Launch

Abia State, Economy, News, Opinion, PoliticsAbia State, Alex Otti, Economy, Politics

RESULTS THROUGH PARTNERSHIPS Being the Text of an Address presented by Governor Alex C. Otti, OFR, at the Launch of the Abia State Integrated Infrastructure Development Project on Friday, July 11, 2025 at the Conference Hall, JAAC Building, Ogurube Layout, Umuahia Protocols Development is a journey of purpose — the persistence in asking what next, seeking answers to new challenges and creating support systems for the genuine aspirations of the population. It is about access, fairness and incentives. Like every worthwhile journey, the fruits of development are richer when supported by partners who believe in the validity of your dream.…

Jul

13

2025

By Amos Oge Kalu

Abia Government Signs MOA With Blue Giraffe to Establish 20 Smart Schools.

Abia State, Business, Economy, Education, Metro, News, Opinion, PoliticsAbia State, Economy, Metro, Nigeria, Politics

The Abia State Government has signed a Memorandum of Agreement (MoA) with Blue Giraffe Development Ltd. to construct 20 smart schools across the state, marking a significant step towards the digital transformation of the state’s education system. Speaking at the signing ceremony held in Umuahia, the Commissioner for Basic and Secondary Education, Hon. Goodluck Ubochi, described the development as “a significant moment” in the ongoing educational reform agenda of Governor Alex Otti's administration. According to the Commissioner, the smart schools will feature cutting-edge learning technology, including interactive digital boards, high-speed internet access, and solar-powered electricity systems to ensure uninterrupted learning.…

Jul

13

2025

By Amos Oge Kalu

Breaking News: NNPCL Refineries Sale Raises Eyebrows Amid $7.2 Billion Scandal Probe

Economy, Metro, NewsEconomy, Next Level, Nigeria, NNPC

The Nigerian National Petroleum Company Limited (NNPCL) is considering selling its three major refineries in Warri, Kaduna, and Port Harcourt, sparking controversy amid an ongoing investigation into a $7.2 billion scandal involving refinery rehabilitation projects. The Economic and Financial Crimes Commission (EFCC) has arrested several former top executives over allegations of fund mismanagement. The EFCC is probing the alleged misappropriation of $2.96 billion allocated for refinery rehabilitation, with several former managing directors and senior officials arrested and financial records scrutinized. Critics argue that selling the refineries would destroy evidence needed to prosecute those involved in the alleged theft and create…

Jul

12

2025

By Amos Oge Kalu

Abia Govt Pledges to Position State as Hub of Transformation through Human Capital Development

Abia State, Economy, News, PoliticsAbia State, Economy, Ikechukwu Emetu, Politics

Government says it will position the state as a hub of transformation and exceed the international benchmark in Human Capital Development HCD by the year 2030. The Deputy Governor, Chief Ikechukwu Emetu, stated this during the inauguration of the newly appointed members of the state Human Capital Development Concil in his office. Chief Emetu also said that the decision is aims to eradicate poverty, improve health and education, reduce inequality, grow economies and protect the environment. He charged members of the HCD council to deliberate effectively and efficiently and provide implementation strategies that will benefit Abians and project the state…

May

22

2025

By Amos Oge Kalu

BudgIT: Peter Obi on N70 trillion in budget fraud: “Nigeria is a scene of corruption.”

Business, Economy, Opinion, PoliticsEconomy, Metro, Opinion, Peter Obi, Politics

Peter Obi, the standard bearer for the Labour Party in the 2023 election, has criticised Nigeria's unrelenting corruption. Obi claimed Nigeria is still rife with corruption in response to the massive N70 trillion budget scam that BudgIT discovered in the 2025 federal budget. “I have consistently maintained that for this country to make progress, Nigeria must cease to function as a crime scene and be repositioned for genuine development,” Obi said in a statement released by POMR spokesman Ibrahim Umar. “This entrenched corruption – persistent and deeply rooted – must be nipped in the bud if there is to be…