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Abia Govt Secures $263.8 Million From AfDB, IsDB - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsAbia Govt Secures $263.8 Million From AfDB, IsDB (6397 Views)

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Abia Govt Secures $263.8 Million From AfDB, IsDB by chopnaira(op): 9:00am On Jul 18, 2025
Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects.

The Abia State Government has secured a $263.8 million financing package from the African Development Bank (AfDB), the Islamic Development Bank (IsDB), and the Federal Government of Nigeria to address major infrastructure gaps in road rehabilitation, erosion control, and waste management across the state’s two major cities, Aba and Umuahia.

This was disclosed in a statement released by the African Development Bank on Wednesday, following the official launch of the Abia State Integrated Infrastructure Development Project on July 11, 2025.

According to the Bank, the project aims to modernize urban infrastructure, improve mobility, and promote inclusive, climate-resilient development. The financing package includes $115 million from AfDB, comprising $100 million from its ADB window and $15 million from the Canada-AfDB Climate Fund. The Islamic Development Bank is co-financing with $125 million, while the Nigerian Federal Government is contributing $23.8 million in counterpart funding.

“The African Development Bank, in partnership with the Islamic Development Bank, Nigeria’s Federal Government and Abia State, has launched the Abia State Integrated Infrastructure Development Project on 11 July 2025. The project is a transformative $263.8 million initiative to modernize urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development

“The project addresses critical infrastructure gaps in urban transport, erosion control and waste management, which have long constrained mobility, public health and economic productivity in the cities of Umuahia and Aba in Abia State.

“The African Development Bank is contributing $115 million to the project, including $100 million from its ADB window and $15 million from the Canada-AfDB Climate Fund (CACF). The Islamic Development Bank is co-financing with $125 million, while the Federal Government of Nigeria is providing $23.8 million in counterpart funding,” the statement read in part.

The initiative will see the rehabilitation of over 248 kilometers of roads in Umuahia and Aba, restoration of two erosion sites, and a push to attract private investment in solid waste management through public-private partnerships.

More insights

AfDB said the project is designed to address persistent challenges caused by aging infrastructure, environmental degradation, and underinvestment in urban services. These have long constrained economic productivity, public health, and access to essential services in Abia’s fast-growing cities.

The Bank also highlighted social components built into the project, including employment creation, skills development, and support for women and youth entrepreneurs. Over 3,000 temporary jobs are expected during the construction phase, with 1,000 permanent roles to follow—half of which are reserved for young people.

Additionally, the project will feature training, HIV/AIDS awareness campaigns, resettlement support, and strengthened financial oversight systems.

Governor Alex Otti, who spoke at the launch event, described the project as a “defining moment” in Abia’s development journey, affirming his administration’s commitment to transparency, accountability, and improved service delivery.

The African Development Bank will provide technical support and closely monitor project implementation through its Nigeria Country Department and sector teams.
https://nairametrics.com/2025/07/16/abia-govt-secures-263-8-million-from-afdb-isdb-for-road-erosion-and-waste-management-projects/

Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by UzorIyke(m): 10:15am On Jul 18, 2025
If the government will use the money to construct/rehabilitate the 248km road, then is a welcome development, but in my opinion, I can said that the money is too small for such kilometers maybe the state government will add up the money.
However, Alex Otti has come to stay.
He's the symbol of good governance we the good people of Abia State are praying for.
God bless, His Excellency Alex Chioma Otti...
God bless Enyimba City of Aba.
God bless Abia State.
God bless the Federal Republic of Nigeria.
Lastly God bless His Excellency president Bola Ahmed Tinubu.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Tjra: 10:17am On Jul 18, 2025
The loan was secured by our favorite governor so there is no issue. It is only bad when governors of other regions or Tinubu do the same.

Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by LagosOrigin: 10:19am On Jul 18, 2025
I trust governor Otti, he will make good use of the money for the betterment of abia state and her people .
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Johnthesuccess: 10:19am On Jul 18, 2025
Tjra:
The loan was secured by our favorite governor so there is no issue.
Your favorite governor? Ok no problem. Hope you won't complain if Tinumbu or APC governor want to collect their own loan.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by osuofia2(m): 10:19am On Jul 18, 2025
Lets wait for obidients and hear what they will say about the loans t=secured by Otti. It is only wrong when it is not Otti. double faced
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Tjra: 10:19am On Jul 18, 2025
gloryman91:
Islamic loan to a Christian State ke ?

Just imagine, we must reject this before they Islamize our State.
This is a good development for the people of Abia state. We are now open to cultural and religious integration more than ever before.

Islam is highly welcomed in Alaigbo. This is 2025 bro.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by osuofia2(m): 10:20am On Jul 18, 2025
LagosOrigin:
I trust governor Otti, he will make good use of the money for the betterment of abia state and her people .
grin grin grin grin grin grin grin grin.
Soludo has been transforming Anambra without a loan
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by tishbite41(m): 10:20am On Jul 18, 2025
Why an Islamic Bank?!
The devil 😈 gives you one and takes ten
Alex Otti, be very careful
You're becoming very complacent
It seems the hype is getting into your head
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by LagosOrigin: 10:21am On Jul 18, 2025
osuofia2:
grin grin grin grin grin grin grin grin.
Soludo has been transforming Anambra without a loan
Sanwo olu with all the Revenue that lagos generates still owing loan more than any states in Nigeria
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by IAM4BAT4plus4: 10:24am On Jul 18, 2025
Abia will finally become Islamic state?












Oya righteousness come and preach to Alex Otti
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by IAM4BAT4plus4: 10:26am On Jul 18, 2025
tishbite41:
Why an Islamic Bank?!
The devil 😈 gives you one and takes ten
Alex Otti, be very careful
You're becoming very complacent
It seems the hype is getting into your head
It is clear that you do not see beyond your church ⛪...








Anyway greet your pastor for me
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by UzorIyke(m): 10:28am On Jul 18, 2025
Putindbutt:
Yet he is owing 12 months salaries of Abia state university lecturers. But again, Ipob will say Otti can collect loans but it is a crime FG to collect loan.
Is not a crime for any government to collect loan, but it's a crime for a government to collect loan that we the citizens do not know the reason for the loan received, it's also a crime for a government to collect loan only just to build or construct what will not contribute or reflect to the live of the people or to the economy.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Putindbutt(m): 10:30am On Jul 18, 2025
tishbite41:
Why an Islamic Bank?!
The devil 😈 gives you one and takes ten
Alex Otti, be very careful
You're becoming very complacent
It seems the hype is getting into your head
You can as well stop using the roads in your region federal government used Sukuk loan to build, hypocrites.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Af0nja2: 10:30am On Jul 18, 2025
Johnthesuccess:
Your favorite governor? Ok no problem. Hope you won't complain if Tinumbu or APC governor want to collect their own loan.
Have you ever heard about sarcasm? Go and find out the meaning and come and read his comment again.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by UzorIyke(m): 10:33am On Jul 18, 2025
IAM4BAT4plus4:
Abia will finally become Islamic state?
Oya righteousness come and preach to Alex Otti
Getting loan from an Islamic bank is not a license to turn the state to Islamic state, is not in their terms and conditions.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by kedeojo(m): 10:35am On Jul 18, 2025
Putindbutt:
Yet he is owing 12 months salaries of Abia state university lecturers. But again, Ipob will say Otti can collect loans but it is a crime FG to collect loan.
Same over hype Otti is among the seven state still not be able to pay the 70k minimum wage. Normally abians are very backward and the little Otti has done is so celebrated by them. Peter mbah of Enugu as done far better than him since they were both elected in 2023. Imagine the amount and they were getting convulsions because my governor Okpeboho borrowed 100b loan to finance critical infrastructure like the ongoing first and very important flyover in ikpoba hill axis and another one to be constructed too and with numerous projects to be executed. Igbos are just too hypocratic.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Okwyjesus(m): 10:37am On Jul 18, 2025
Tjra:
The loan was secured by our favorite governor so there is no issue. It is only bad when governors of other regions or Tinubu do the same.
Zukwanu Ike!

Let love lead nna. Biko Nigeria is hot already
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by HydraFeeds(m): 10:37am On Jul 18, 2025
Tjra:
The loan was secured by our favorite governor so there is no issue. It is only bad when governors of other regions or Tinubu do the same.
These people even called it package instead of loan .
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Tochi3(m):
Tjra:
The loan was secured by our favorite governor so there is no issue. It is only bad when governors of other regions or Tinubu do the same.
grin grin grin

..you are wrong..your tilumbu stopped subsidy payments, increased electricity tariff, increased tax, increased tax on Gas, increased prices of goods & Services because of his dead policies..ok..

..tilumbu started borrowing, from imf, from WB, from Adb..borrowing all kinds of loans...

..you know what he did with the loans..after increasing taxes & claiiming to stop subsidy payment..?i bet you don't have an idea.. grin grin grin

..he bought yacht, he bought Airbus..where are the roads he collected the loan for..he installed solar panels worth billions...he is building an highway to fraud..when all the federal Highways are in a bad shape..

..where are the bridges..what is tilumbu doing with all the borrowed loans & subsidy payments removal..? grin grin

..when you travel to Abia state..you will see visible infrastructures built without borrowed loans..

..can you state one achievement that is visible & felt by the masses..with all the loans borrowed..?any majo infrastructure completed in the over 2yrs tilumbu snatched..? grin

..Just one..

grin grin grin
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by IGBOSON1: 10:40am On Jul 18, 2025
It's funny how these Igbo-hating bigots are so obsessed with monitoring news reports about anything concerning the south-east/Alaigbo! You wake up in the morning, and the first thing you do is to check on what the 'hated Igbo' are up to today! Just check.....over 90% of the posts on this thread are from the usual suspects! Pathetic!
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by lionshare: 10:52am On Jul 18, 2025
kedeojo:
Same over hype Otti is among the seven state still not be able to pay the 70k minimum wage. Normally abians are very backward and the little Otti has done is so celebrated by them. Peter mbah of Enugu as done far better than him since they were both elected in 2023. Imagine the amount and they were getting convulsions because my governor Okpeboho borrowed 100b loan to finance critical infrastructure like the ongoing first and very important flyover in ikpoba hill axis and another one to be constructed too and with numerous projects to be executed. Igbos are just too hypocratic.
Peter Mbah has been quite impressive also; hope Uzodinma of Imo is not doing badly, especially with regards to road construction, but perhaps because he’s in APC, he’s not in some people’s good books. 😊
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by soullove1881(m): 10:58am On Jul 18, 2025
tishbite41:
Why an Islamic Bank?!
The devil 😈 gives you one and takes ten
Alex Otti, be very careful
You're becoming very complacent
It seems the hype is getting into your head
Why no Christianity bank then? This is why SW will forever remain USA or UK of Nigeria.

Even with your Christian Christian, not as peaceful as SW
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by RandomFellow: 11:00am On Jul 18, 2025
Tjra:
This is a good development for the people of Abia state. We are now open to cultural and religious integration more than ever before.

Islam is highly welcomed in Alaigbo. This is 2025 bro.
This your sarcasm is 2nd to none! Wtf!!! If I didn't know you, I'll think you're supporting the loan. Well played man... Juma'a Mubarak
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by ALISMILE(m): 11:06am On Jul 18, 2025
Otto wants to Islamise Abia state
How dare he goes for Islamic loan
We don’t want to have anything to do with Islam in our great abia state

Time to vote out the ungrateful Alex Otti
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Akinpresident: 11:12am On Jul 18, 2025
Funny enough, the former governor started the loan process and this wicked man enjoying the loan now stalled it. You can imagine how unpatriotic someone could be because of power. Buhari brought his recession and government was looking for money everywhere. Allocations was just for salaries. No money to fix infrastructure that'll stimulate economic growth. The former governor started this loan procedure. This lilliputian Aro demigod proudly spent a fortune to prevent his home state from accessing that facility. The entire thing got delayed due this this. Still Ikpeazu kept pushing till his last day in office such that by the time he left office, everything about this loan was done. It was just remaining the signing ceremony which the lilliputian just did.
But now, he gets all the praise.
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Ikaeniyan0: 11:13am On Jul 18, 2025
The most important thing is that the money should be spent on what it's borrowed for
Re: Abia Govt Secures $263.8 Million From AfDB, IsDB by Inspirer1: 11:15am On Jul 18, 2025
Happy to collect Islamic loan from the same faith of people you want decimatedhuh (For those who used to cheer such)

Fact is terrorists are evil people regardless of the faith divide they belong to.

There are ONLY 2 sets of people in this world:
Good people and Evil people.
1 2 Reply

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