Eastern King Attracts Foreign Investors To Boost State’s Economy

The Nigeria economy has been struggling for awhile with what some economists refers to strangulating economy , while some believe in the Renewal Hope agenda. Whatever Abia State is experiencing today kudos must go to the State government for providing the enabling environment to allow the injection of a $2 billion revival hope into the state economy. A report emanating from the state has confirmed authoritatively to Aiyekooto Reporters.

According to the reports, the HRM King Apostle Chibuzor Gift Chinyere attracts a whopping $2 billion investment to the state, courtesy of His Excellency, Dr. Alex Otti’s investment-friendly approach.

This massive deal is expected to generate over 200,000 direct and indirect jobs, a significant boost to the state’s economy.

The investment will see the establishment of a statewide internet broadband connectivity and data centers in Abia, providing high-speed broadband connectivity through fiber optics with a DigOnce Policy. This will open up opportunities for the entire South-Eastern region and the Niger Delta, positioning Abia as a one-stop digital and telecommunications hub in Nigeria.

The project will interconnect the state with fiber optics cables linked to the Atlantic Ocean, with a termination hub at the Owaza River in Abia state. Nearby states like Rivers, Akwa Ibom, Cross Rivers, Bayelsa, Delta, Edo, and the entire South-East region will also be interconnected with fiber lines.

Apostle Chibuzor Chinyere, who brought the investors to the state, praised Governor Otti’s visionary leadership style, saying “Dr. Alex Otti is God sent to transform Abia state. When investors are departing Nigeria, Abia is attracting many investors because of his friendly and visionary leadership style.” This deal marks a significant turning point in the digital economy of Abia state, and we can’t wait to see the impact it will have on the region.

Prince Excel Jaiyesimi
Reports for ARs