BUSINESS
Beyond Commerce, Setting A New Template For Intergenerational Prosperity









Protocols
1. We made a firm promise to rebuild Aba, make difficult but necessary decisions and ultimately, set the ball rolling for a new age of prosperity for our hardworking men and women. As we said when we flagged off the reconstruction of Port Harcourt Road in October last year after about thirty years of abandonment and haphazard efforts that yielded nothing but escalated anguish and misery, our race is different because we understand the pain of our people and also appreciate the important sacrifices that must be made to get things right.
2. Aba, the great Enyimba City, has admittedly not returned to where it once was as a premier destination for dreamers and doers but if you have followed our journey over the last 14 months, you will agree with me that things are changing at a very rapid pace. The gradual restoration of the city’s infrastructure landmarks and the improved sanitary condition of our streets tell very convincing stories of our progress. In the same breath, I have no doubt that in no time, we shall also begin to see the evidence of this wave of transformation in our market environments and trading spaces.
3. On this note distinguished ladies and gentlemen, let me happily welcome you to the formal flag off of the reconstruction of the very strategic Ekeoha Market, the oldest metropolitan market in the city of Aba. We have gathered this afternoon to be witnesses to history as we launch the first stage of our grand plan to re-make the trade and commerce ecosystem in Aba, and across the entire State.
4. Aba is known across the world as an important business destination, a strategic trading hub in the West African region and a fertile ground for traditional enterprises. Unfortunately, not much has been done to reposition the city and its trading spaces to meet the dynamic aspirations of the new generation of businesspeople who troop in daily to find the best deals on textiles and clothing materials, shoes and leatherworks, electronics, heavy machineries and parts, and a litany of other products where Aba will beat every other market in West Africa on price, quality and timely delivery.
5. The time to take the bull by the horn is here and we shall not delay in doing what must be done to expand our advantage as a city of very resourceful traders, artisans and entrepreneurs. The decision to go ahead with this remodelling project is an eloquent testimony to our readiness to make the markets in Aba, 24-hour business hubs with state-of-the-art facilities to ensure the safety and security of the traders and their customers, enable interactions with customers from different parts of the world in real time, and entrench an enterprise culture of borderless transactions on the strength of the infrastructure that shall be put in place at the completion of the remodelling projects.
6. This project shall be driven by Public-Private Partnership anchored on a robust stakeholder-engagement and consultation framework. The Government’s role in this venture is to protect the interests of the State, the business community within this market, and guarantee that the project is executed in the long-term interest of our people who own shops or do their business here.
7. The developers on their part will be responsible for the holistic execution of the general and specific elements of the project, interfacing with the Government and other stakeholders to ensure that execution is in tandem with approved structural designs.
8. Presently, the Government has taken very proactive steps to secure temporary accommodation for the traders who do their day-to-day businesses here. The Government through the State Ministry of Trade and Investments, the Greater Aba Development Authority (GADA) and the Aba North Local Government Area will collaborate with the leadership of Ekeoha Market Traders to manage the relocation process, seeing that the traders can still attend to their customers from the temporary location.
9. It has to be admitted that the process will come with some inconveniences but as we have learnt through our individual and collective experiences, there are certain sacrifices that must be made for the greater, long term good. My assurance to you is that the Government will do everything within its power to keep things stable while we work very closely with the developers to ensure timely delivery. It must also be noted that this remodeling is going to be in phases to ensure order and minimum difficulty to traders and customers
10. As a democratic Government, we are bound to listen to your concerns and reasonably address them. In the last few months, we have been engaging with different stakeholder groups within the Market to identify the challenges that are bound to occur over the lifecycle of the remodelling exercise. I am glad that majority of the stakeholders agree with the Government that this project has become very necessary to avert an imminent disaster. We remain eternally grateful to God that the ugly event of July 2023 did not cost lives but we must be careful not to overstretch our luck through unnecessary delays.
11. One common misconception I must immediately address is the assumption that demolition will happen soon after this flag off. No. This exercise only reinforces the firm resolve of the Abia State Government to remodel Ekeoha Market to a first class facility to meet the dynamic needs of our traders and their expanding customer base. We are interested in the growth and prosperity of our business community and one of the fundamental efforts that must be made in this regard is to make the environment safe, secured and friendly.
12. To guarantee that this place is not shut down completely at any time over the lifecycle of this project, we have reached an understanding with the developers that the exercise shall be done in phases. When one section of the market is being remodelled, trading activities shall be allowed to continue on other sections. Necessary safety measures shall be put in place to reduce risks of injuries to anyone. While we shall keep our eyes on timely completion of the exercise across the entire spectrum, extra care shall be taken to make sure that the process happens in an orderly and measured fashion.
13. We are also conscious of the concerns about costs but as a responsible Government, we have also taken proactive steps to ensure that financial leverages are provided to anyone genuinely interested in acquiring a shop, especially the original allotees who shall retain the right of first refusal in the re-allocation process.
14. It has been agreed that those with the financial resources to pay outrightly for the remodelled shops can go ahead to do so. Provision has also been made for payments on instalments, and to ensure that no one is left behind, the banking partners to the project have also developed structured financial instruments to support others who may not have the wherewithal to immediately fund their procurement dreams.
15. I am aware that there is discomfort amongst a certain section of traders about the cost of the project and this is understandable in view of the challenging economic realities in the land. At any rate, it is also important for us to understand that the new structures will be much bigger, better and more modern than what we had before now.
16. The truth is that we are building a modern trading ecosystem that shall offer everything you can ever ask for in a 21st century urban market including steady electricity supply, CCTV cameras to support security activities, a mini clinic and general emergency response centre, fibre optic connectivity for reliable internet access and a digital market hub where wares can be displayed on virtual platforms for customers across the world. The plan is to build a market without borders.
17. In the light of these, and also taking into consideration the current prices of building materials in the market, the cost of owning these shops will definitely not be at the same rate as what was paid several decades ago. What we can, however, assure you is that the Government shall protect the interests of our people.
18. For continuing stakeholder engagement, we have set up a Project Management Committee to see that there is process transparency, and guarantee that every party meets its obligation, as well as resolve disputes that may arise from time to time.
19. As I conclude, let me reassure our investing partners that the Government is 100% committed to the successful completion of this project and shall offer the necessary support to make that happen. Abia is open to investments and in the next few months, we shall consummate other equally important deals with various investors who have identified Abia as one of the safest investment destinations in the region.
20. It is our desire to drive the holistic turnaround of the State’s economy ecosystem with the support of private investors in ways that guarantee steady return on investments, job creation for our young people and access to new opportunities for dreamers and doers.
21. What we have started today in Ekeoha is to signpost our readiness to open a new vista in our infrastructure restoration programme. You have seen steady improvements on our roads, the cities are now cleaner and because we have remained faithful to our commitment to pay workers, pensioners and contractors their entitlements as and when due, we are putting money in the hands of our people, increasing their purchasing power and supporting local businesses.
22. This success of this project requires the active support and cooperation of all stakeholders and I invite you not to withhold it because ultimately, this project shall be in the long term interest of all of us in particular, and the Aba business community in general. Again, let me give my word that nobody will be short-changed because this is our collective project.
23. Thank you for listening, and may God bless you all.
Dr Alex C. Otti, OFR,
08/08/2024
BURNING ISSUE
MAN Commends Otti Administration’s Industrial Reforms, Cites Improvements In Abia’s Business Environment
The Manufacturers Association of Nigeria (MAN) has commended the administration of Governor Alex C. Otti for significant improvements in Abia State’s industrial and business environment, citing developments in infrastructure, electricity, transportation, urban renewal, healthcare, education and enterprise support.
The commendation was made when the leadership of MAN’s Abia/Imo and Rivers/Bayelsa Chapters paid a courtesy visit to Governor Otti at his office in Nvosi, Isiala Ngwa South Local Government Area.
MAN’s Abia/Imo Chairman, Prince Obasi Ekeagbara, said manufacturers were already witnessing positive changes across several sectors of the State.
The recognition provides an important assessment of the administration’s economic direction, particularly its effort to shift Abia from an economy driven largely by trading and consumption towards one increasingly anchored on production, manufacturing, investment, employment and export competitiveness.
At the centre of the administration’s industrial agenda is the rebuilding of the infrastructure and policy environment required for businesses to operate, expand and compete.
According to MAN, improvements in roads, power, transportation, urban renewal and other critical sectors are beginning to address some of the longstanding constraints faced by manufacturers in Aba and other parts of the State.
Of particular significance is the administration’s drive to revive moribund industrial assets, including the Enyimba Garment Factory, Star Paper Mill and Afro Beverages.
MAN described the revival of such industries as a positive development capable of stimulating economic activity and creating employment, while also strengthening confidence among existing and prospective investors.
The administration has been pursuing improved power supply for industrial operators, including engagement around dedicated electricity through Geometric Power.
For Aba, whose entrepreneurial and manufacturing identity is deeply connected with small and medium-scale production, reliable electricity is critical to reducing operating costs, improving productivity and enabling businesses to compete more effectively.
The administration has also pursued improved access to finance through its partnership with the Bank of Industry. The Abia State Government has provided counterpart funding for a ₦10 billion BOI matching-fund initiative designed to support businesses across various sectors, with the first phase structured around government and BOI contributions.
Another aspect of the emerging business environment is the administration’s drive to harmonise taxation and eliminate multiple taxation. For manufacturers, greater clarity and predictability in revenue administration are essential to investment planning and long-term business decisions.
Governor Otti has equally warned businesses against making cash payments to unauthorised persons, stressing the need for a transparent revenue-collection system.
Beyond infrastructure, electricity and finance, the administration is seeking to strengthen the wider industrial ecosystem through platforms such as the Aba Trade Fair and the Export Growth Lab, supported by the United Nations Development Programme (UNDP), which is aimed at helping local producers improve product quality, packaging and competitiveness.
The administration’s position is that government should create the infrastructure, policy direction and enabling environment, while the private sector provides capital, innovation, production capacity and market discipline.

Governor Otti, while receiving the MAN delegation, challenged manufacturers to improve the quality, scale and competitiveness of locally produced goods and position them for wider domestic and international markets.
He urged businesses to take advantage of the opportunities being created by government while ensuring that their products meet acceptable standards.
The MAN delegation, however, also highlighted the broader challenges confronting manufacturers, including high energy costs, inflationary pressures, limited access to foreign exchange, financing difficulties, insecurity and demands from host communities.
The association consequently called for continued efforts to revive more moribund industries, establish industrial clusters across the three senatorial zones, strengthen action against unauthorised levies and provide additional support for distressed industries seeking to return to full production.
The recommendations align with the wider industrialisation agenda already unfolding in the State and underscore the need for sustained collaboration between government and the organised private sector.
For Abia, the significance of the MAN commendation extends beyond a single meeting. It points to an emerging effort to connect infrastructure, electricity, finance, skills, markets and public policy around the productive capacity of the State.
With Aba’s longstanding culture of entrepreneurship and manufacturing, the administration is seeking to transform that resilience into a more structured, infrastructure-backed and competitive industrial economy.
The ultimate objective is an Abia where businesses can move beyond survival to produce, employ, expand, compete and export, thereby contributing more substantially to the State’s economic development.
BURNING ISSUE
Abia To Host AFRICANDO 2026, Targets Global Investments, Trade Partnerships
Abia State Government says it will host the 2026 edition of AFRICANDO, a U.S.–Africa Trade and Investment Conference and Expo, with a focus on attracting investments, expanding market access and connecting local enterprises with global capital.
The three-day international conference, scheduled for Nov. 17–19 at the International Conference Centre, Umuahia, will be held under the theme: “Deepening U.S.–Africa Commercial Ties in the Era of AfCFTA.”
The Chief of Staff to the Governor, Pastor Caleb Ajagba, disclosed this at a press conference in Umuahia to formally unveil the event.
Sir Ajagba said the conference, organised by the Abia Diaspora Commission in partnership with the Foundation for Democracy in Africa and the Global Chamber of Commerce, would provide a platform for African businesses, governments and entrepreneurs to engage investors, policymakers, institutions and businesses from the United States and other international markets.
He said AFRICANDO 2026 was designed to move beyond discussions on trade promotion to actual transactions, investments and sustainable commercial partnerships.“AFRICANDO 2026 will not be another conference where speeches are made, photographs are taken and participants depart without measurable outcomes.
“The emphasis will be on deals, partnerships, investments and market access,” he said.
According to him, businesses seeking capital will have opportunities to meet investors, while manufacturers seeking international markets will connect with distributors and buyers.
He added that investors looking for viable opportunities would be presented with credible projects, while governments and development institutions would have opportunities to establish strategic partnerships.

Sir Ajagba said hosting the conference in Abia was strategic, given the state’s prominent position in Nigeria’s manufacturing and entrepreneurial ecosystem, particularly the industrial and commercial strength of Aba.
He said the administration of Gov. Alex Otti had embarked on programmes aimed at rebuilding infrastructure, strengthening institutions, improving the business environment and repositioning the state as a destination for private capital.
“Our objective is to demonstrate that sub-national governments can become active partners in international trade, investment promotion and economic diplomacy,” he said.
The Chief of Staff said AFRICANDO would seek to transform the narrative around locally manufactured products by connecting the entrepreneurial energy of Aba and Abia with international markets.
He identified access to capital, modern technology, internationally recognised standards, improved packaging and branding, export knowledge, distribution networks and sustainable access to global markets as critical areas requiring attention.
He said the event would focus on agriculture and agro-processing, manufacturing, consumer goods, energy, financial services, healthcare, transportation and logistics, academic science and technology, artificial intelligence and other emerging technologies.
The COS disclosed that participants were expected from the United States, Anglophone African countries, the Caribbean and other parts of the world, adding that Nigeria had been selected as a hub, while Abia would serve as the Anglophone hub for West Africa.He therefore urged entrepreneurs and businesses to participate actively, stressing that AFRICANDO 2026 was an international trade conference and not merely a conventional trade fair.
Also speaking, the Commissioner for Information, Prince Okey Kanu, said the conference would provide Abia with an important platform to showcase its economic opportunities, locally made products and entrepreneurial strength to investors from Africa and beyond.
Kanu said the event would promote trade, cultural exchange and economic cooperation, while strengthening the state’s relationship with the international business community and creating new opportunities for local businesses.
The Executive Secretary and Chief Executive Officer of the Abia State Diaspora Commission, Rev. Mrs Annie Onu, described AFRICANDO as a unique initiative aimed at bringing Africans together for economic development and mutual cooperation.
Lady Onu said the conference would enable participating countries to understand Abia’s economic and cultural strengths while allowing the state to benefit from ideas, expertise and opportunities available across Africa.
“AFRICANDO is a unique investment that will unite Africans, not only Nigeria. It will encourage other African countries coming to our state to see what Abia has and what God has blessed us with, while we also learn from them,” she said.
She added that the event would also promote Abia’s rich cultural heritage and showcase the achievements of the Otti administration.
A major component of AFRICANDO 2026 will be a structured Deal Room and Investment Marketplace where investment-ready opportunities from Abia and participating businesses will be presented to prospective investors.
The conference is also expected to feature high-level plenary sessions, sector-specific workshops and roundtables, exhibitions, business matchmaking, B2B meetings, investor engagements, policy dialogue, project pitching, site visits and opportunities for the signing of memoranda of understanding and commercial agreements.
International delegates and investors are expected to visit strategic economic locations and enterprises in the state, with Aba’s manufacturing ecosystem projected to feature prominently.The organisers also plan to engage Abia, Nigerian and African diaspora communities, encouraging them to move beyond remittances toward structured investments, technology transfer, mentorship and enterprise partnerships.
The organisers said the success of AFRICANDO 2026 would ultimately be measured by the investments attracted, partnerships established, export opportunities created, market linkages developed and commercial agreements concluded during and after the conference.
The Commissioner for Trade and Commerce, Dr Mrs Salome Obiukwu; Special Assistant to the Governor on Digital Economy, Miss Elizabeth Chijioke; and a Board member of the UCDA, Enyinnaya Okereke, attended the press conference.
The organisers called on investors, entrepreneurs, governments, development institutions, chambers of commerce, manufacturers, SMEs, technology companies, diaspora organisations and the media to participate in the event.
“Abia is ready. Umuahia is ready. Africa is ready for business,” the organisers said.
BURNING ISSUE
Presidential Visit, Education, Healthcare Reforms Drive Abia To Nigeria’s 3rd Most Improved State — Otti
Governor Alex Otti has attributed Abia State’s emergence as Nigeria’s third most improved state in the 2026 Phillips Consulting State Performance Index to his administration’s strategic investments in healthcare, education, infrastructure.
Also his governance and the growing collaboration with the Federal Government, including the recent visit of the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu.
Speaking during the July edition of his monthly media chat at the Government House, Umuahia, Governor Otti described the latest ranking as a clear validation of his administration’s reforms.
The Governor said the progress reflects the positive impact of government policies on the lives of Abians.
The first Abia citizen noted that Abia has made one of the most remarkable improvements in the country’s performance ranking, rising from 36th position in 2024 to 10th in 2025, and now 3rd in the 2026 Phillips Consulting State Performance Index, behind only Enugu and Jigawa States.
Governor Otti said the state’s transformation has been driven by sustained investments in critical sectors, particularly healthcare, education, infrastructure, land administration and economic development.
Highlighting achievements in the health sector, he disclosed that Abia recorded one of Nigeria’s best performances in reducing maternal and infant mortality in the first quarter of 2026, while enrolment into the Abia State Health Insurance Scheme continues to increase.
According to him, 144 of the state’s 200 Primary Healthcare Centres have been fully functionalised, while 77 additional health facilities renovated through the World Bank intervention have also been completed, with about 30 more centres expected to become operational soon.
On transportation and infrastructure, Governor Otti announced that the state has received 20 additional electric buses, which would operate on routes including Umuahia–Bende–Arochukwu, Umuahia–Uturu (ABSU), Umuahia–Umudike–Ikwuano, Aba–Owerri and Aba–Ukwa. He added that surveillance systems have been installed in the buses to ensure accountability and improve service delivery.
The Governor further disclosed that work is progressing steadily on the Aba Bus Terminal, while the first phase of the Ekeoma Market remodelling has been completed and would soon be commissioned.
In the area of land administration, Governor Otti said the government has issued 4,923 Certificates of Occupancy within three years, with nearly 1,000 processed this year alone, adding that the completion of the state’s digital mapping project in partnership with UN-Habitat would usher in a fully digitised land administration system that would eliminate fraudulent land transactions and speed up property documentation.
On education, he said the administration’s Smart School initiative is gathering momentum with two Smart Schools already commissioned out of the planned twenty, assuring that the remaining eighteen schools would be completed soon.
“The idea is to expose our children to modern technology from an early stage,” the Governor stated.
Addressing ongoing infrastructure projects, Governor Otti acknowledged that the rainy season has slowed the pace of road construction but assured residents that work continues across major project sites. He also reaffirmed the government’s commitment to ending flooding through the construction of durable drainage infrastructure.
Responding to concerns over rising rents in Umuahia and Aba, the Governor attributed the increase to growing demand for accommodation and announced that the government would soon commence the Pocket Layout Housing Project in Umuahia to bridge the housing deficit.
Governor Otti described the recent visit of the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, as a major boost to Abia’s creative economy. He revealed that a dedicated bank account has been opened for the Akwete Cloth Production Hub, while the First Lady has authorised the release of the funds she pledged to support the Akwete women’s weaving initiative.
He urged residents to promote indigenous industries by patronising and wearing the locally woven Akwete fabric.
The Governor also commended residents for embracing environmental sanitation, urged them to sustain the culture of cleanliness, praised security agencies for maintaining peace across the state and congratulated the Commissioner of Police on his promotion to the rank of Assistant Inspector-General of Police (AIG).
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