Abia State says it has secured approvals for about N1.24 trillion in private capital to fund investment and infrastructure projects, with some launches expected imminently.
“Capital Has an Extreme Aversion to Uncertainty”
Governor Alex Otti disclosed the figure in Lagos at the Nigerian-British Chamber of Commerce’s Meet the Governor Series, breaking the pipeline into N914 billion in joint ventures and N327 billion in DBOT concessions.
He said the state’s 2026 budget allocates 80 percent to capital projects, with private capital directed toward infrastructure and growth-enhancing assets.
“In 10 years, I see an Abia that can compete globally,” Otti said.
