Abia State Governor, Alex Otti, has taken a significant step towards revitalizing the state’s economy with the inauguration of the Abia Global Economic Advisory Council. This strategic move, part of Otti’s administration’s plan to boost Abia’s economic development, involves assembling a 19-member team of experts to transform the state into a self-sustaining economic hub.
The council, boasting a roster of distinguished co-chairpersons including Arunma Oteh, Khaleefa Sanusi II, and Bolaji Balogun, is composed of notable figures across various sectors. Other members include Victor Onyenkpa, Ifueko Omoigui Okauru, Chidi Ajaegbu, Uche Orji, Ndidi Nwuneli, Chika Nwobi, Olugbenga Adesida, Ndubuisi Ekekwe, Clement Owunna, Uzodinma Iweala, Ezinwa Okoroafor, George Agu, Uzo Nwankwo, Chinedu Azodoh, with Ngozi Okonjo-Iweala and Benedict Oramah serving as Honourary Advisors.
Five members from the State Executive Council will represent the government in this Advisory Council. These include Governor Otti himself, Attorney-General and Commissioner for Justice Ikechukwu Uwanna, Commissioner for Budget and Planning Kingsley Anosike, Commissioner for Finance Michael Akpara, and Commissioner for Trade, Commerce, and Industry Chimezie Ukaegbu.
Governor Otti highlighted the historical neglect and fragility of Abia’s economy, marred by economic sabotage. He sees the establishment of this council as a new dawn, ushering in an era of informed economic guidance and decision-making. Otti emphasized the council’s role in shaping long-term economic prospects and transforming the state into a key player in the global economic landscape.
The council’s mission is to offer strategic insights and recommendations that drive innovation, attract investments, and foster strong partnerships. This is aimed at enhancing Abia State’s economic resilience and positioning it as a leader in regional and global economic development.
The council will be administratively managed by the Principal Secretary to the Governor/Chief Strategy Officer, Chinenye Mba-Uzoukwu, and the Technical Assistant to the Governor, Charles Egonye. They will be supported by Victoria Onwubiko and Amaka Okonkwo from the private sector.
In their remarks, co-chair Oteh emphasized the council’s role in holding the governor accountable for global business decisions, while Balogun lauded Otti as a historic figure, asserting that Abia’s success would be a win for Nigeria. Khaleefa Sanusi II highlighted the importance of implementing the council’s advice, expressing confidence in Governor Otti’s capacity to lead the state towards economic prosperity.
This initiative marks a turning point for Abia State, indicating a commitment to harnessing diverse expertise for the betterment of its economy. The council’s diverse composition and the government’s willingness to collaborate closely with it signal a promising future for the state’s economic growth and stability. As Abia embarks on this journey, the role of the Abia Global Economic Advisory Council will be pivotal in navigating the challenges and opportunities that lie ahead in the ever-evolving global economic landscape.
