₦airaland Forum

Governor Alex Otti of Abia State said his administration had, in 15 months, paid N90 billion out of the N191.2 billion debt inherited from the previous administrations.


Also, he disclosed that Abia had recorded $159 million foreign direct investment between June 2023 and June 2024 under his watch.

Governor Otti said these during a media parley Thursday night in Umuahia.

He also declared that his administration had not borrowed money from any institution so far.

Otti explained that he had been judiciously deploying the resources of the state for infrastructural development, payment of salaries and pensions as well as other financial obligations of Government.

‘I inherited N191bn debt’

Otti said: “I inherited N191.3 billion from my predecessor in May 2023. My predecessor inherited about N35 billion from his predecessor in 2015.

“But today, my administration has paid over N90 billion of the debt we inherited.

“We still pay salaries and pensions every month. And I have not borrowed a Kobo from anybody.

“The achievements you see today are a product of prudent management of scare resources.”

On the foreign direct investment, Governor Otti said that Abia had moved from the 27th position to the 3rd position in the states with highest foreign direct investment.

He explained that the efforts of his administration to put in place the necessary infrastructure and other investment-friendly factors, had made Abia a destination for investors.

According to Otti, “We saw the need to lay the foundations upon which investment drives would stand. And that is why a lot of investors are now coming into the state.”

The governor argued that it does not make sense chasing investors around, submitting that they would naturally come when the needed environment is provided.

“Investors don’t listen to platitudes, they look at actions. Without any campaign, we have had investors coming to set up their investments in Abia.

“Apostle Chibuzor of OPM, the other day, brought a team of investors – one from Italy, another from Turkey and one from the US.

“That’s why we are making sure we make Abia investor-friendly.

“Akaikenga Think Tank also came, and we are discussing on how they would set tech hub in Abia. We want our people to come back and invest at home,” Otti noted.

Agric investments, road construction
Governor Otti also said his administration was making spirited efforts towards achieving food security. He equally disclosed that he had approved funds to 300 Abians who were recently sponsored by the state government to under-study modern farming in Nasarawa State.

He further explained that the intention of his administration to establish Greater Ohafia Development Commission, GADO, was to ensure no senatorial district was sidelined in the development agenda of government.

“Since we already have Greater Aba Development Authority, GADA; and Umuahia Capital Development Agency, UCDA, we need to complete the tripod and that’s what we have done to ensure even development in the state,” he added.

On road infrastructure, the governor said his administration had awarded projects for the rehabilitation of more new roads to make all parts of the state easily accessible.

He said the expansion of 5-kilometer Onuimo Bridge-Abia Tower Umuahia road had commenced. He added that contract has equally been awarded for 11.5 Ntigha Road, 11.27 Mbala -Ngodo Isuochi Road, 11.5 kilometer Obehie -Owaza Road in Ukwa, among others.

Otti said he had secured the assurances of Julius Berger handling the reconstruction of the strategic Port Harcourt Road Aba that the project would be delivered on or before February 2025.


He also said that work was progressing on so many other road projects as scheduled, including Umuahia -Uzuakoli -Ohafia Road, Ohafia-Atochukwu road, Ndiokorie Abam -Atochukwu road, and several others.

The governor added that the zero-pothole policy of his administration was ongoing.

CoronaVirusPro:
What da fvck is our fvckin business with that!

Didn’t you know the deficits and debts of the state before you contested for the position.

You were employed by the people of the state to fvckin fix it cos they find you competent, so why you announcing to us? We don’t give a flying fvck!

Are you high? it is too early.

Are you drunk?

Who else is going pay if not you, and why is he announcing like he paid it from his pocket. Cant you just say that Abia state has paid xxxx of xxxx debt.

Fvckin citizens payoff debts and never come to the government house to announce it.

CoronaVirusPro:
What da fvck is our fvckin business with that!

Didn’t you know the deficits and debts of the state before you contested for the position.

You were employed by the people of the state to fvckin fix it cos they find you competent, so why you announcing to us? We don’t give a flying fvck!

Who else is going pay if not you, and why is he announcing like he paid it from his pocket. Cant you just say that Abia state has paid xxxx of xxxx debt.

Fvckin citizens payoff debts and never come to the government house to announce it.

ebufa:
Have you ever heard of the word accountability before.........you make no sense whatsoever, in fact your post is annoying!

CoronaVirusPro:
What da fvck is our fvckin business with that!

Didn’t you know the deficits and debts of the state before you contested for the position.

You were employed by the people of the state to fvckin fix it cos they find you competent, so why you announcing to us? We don’t give a flying fvck!

Show little appreciation to encourage him to do more.
Who else is going pay if not you, and why is he announcing like he paid it from his pocket. Cant you just say that Abia state has paid xxxx of xxxx debt.

Fvckin citizens payoff debts and never come to the government house to announce it.

CoronaVirusPro:
What da fvck is our fvckin business with that!

Didn’t you know the deficits and debts of the state before you contested for the position.

You were employed by the people of the state to fvckin fix it cos they find you competent, so why you announcing to us? We don’t give a flying fvck!

Who else is going pay if not you, and why is he announcing like he paid it from his pocket. Cant you just say that Abia state has paid xxxx of xxxx debt.

Fvckin citizens payoff debts and never come to the government house to announce it.

CoronaVirusPro:
What da fvck is our fvckin business with that!

Didn’t you know the deficits and debts of the state before you contested for the position.

You were employed by the people of the state to fvckin fix it cos they find you competent, so why you announcing to us? We don’t give a flying fvck!

Who else is going pay if not you, and why is he announcing like he paid it from his pocket. Cant you just say that Abia state has paid xxxx of xxxx debt.

Fvckin citizens payoff debts and never come to the government house to announce it.

chrisxxx:
I hope that Gov. Fubara could read this. That the OPM pastor that he donated the hard earned #200m of Rivers State money took foreign investors to his state Abia State instead of Rivers State his where church is.
I have always told people that anyone who has genuine gift and powers of miracles won't leave his community. People will come from far and wide to look for him. If I have miraculous power I will heal all my people first before going to town if at all.

Solsix:
Even Jesus did not heal everybody in his community. The story has it that he performed more miracles elsewhere.

muykem:
This is due to president Tiunbu policies. States allocation has triple under his watch.

Solsix:
Even Jesus did not heal everybody in his community. The story has it that he performed more miracles elsewhere.

chrisxxx:
I hope that Gov. Fubara could read this. That the OPM pastor that he donated the hard earned #200m of Rivers State money took foreign investors to his state Abia State instead of Rivers State his where church is.
I have always told people that anyone who has genuine gift and powers of miracles won't leave his community. People will come from far and wide to look for him. If I have miraculous power I will heal all my people first before going to town if at all.

CoronaVirusPro:
What da fvck is our fvckin business with that!

Didn’t you know the deficits and debts of the state before you contested for the position.

You were employed by the people of the state to fvckin fix it cos they find you competent, so why you announcing to us? We don’t give a flying fvck!

Who else is going pay if not you, and why is he announcing like he paid it from his pocket. Cant you just say that Abia state has paid xxxx of xxxx debt.

Fvckin citizens payoff debts and never come to the government house to announce it.

naturalman:
Are you high or drunk

CoronaVirusPro:
Accountability is “I have paid” and not “Abia state has paid”

I am a Nigerian and know where he is driving at. Don’t try to fool me in a system I know far too well.

And if it’s about accountability, shouldn’t the state revenue and expenditure be shared in same communication. Why did he emphasize only the debt and even claimed it as personal achievement instead if of state.

Bobloco:
https://www.vanguardngr.com/2024/11/without-borrowing-ive-paid-n90bn-of-n191bn-debt-inherited-otti/