Abia targets seven sectors to boost industrialisation

Abia State Governor Alex Otti has identified seven priority sectors to boost industrialisation and economic growth in the state: agribusiness and agro-processing, trade and markets, creative and digital economy, manufacturing and industrialisation, small and medium enterprise growth, inclusive finance and diaspora investment, and innovation.

Otti highlighted the state's commitment to removing barriers to productivity and encouraging value creation, with reforms in fiscal governance and infrastructure aimed at creating a conducive environment for businesses. With a projected internally generated revenue of N223.4bn, the state is ranked fourth in the BudgIT States Fiscal Transparency League and is investing 80% of its 2026 budget on capital expenditure.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.