Governor Alex Otti of Abia State said his administration had, in 15 months, paid N90 billion out of the N191.2 billion debt inherited from the previous administrations. Also, he disclosed that Abia had recorded $159 million foreign direct investment between June 2023 and June 2024 under his watch.
Governor Otti said these during a media parley Thursday night in Umuahia. He also declared that his administration had not borrowed money from any institution so far.
Otti explained that he had been judiciously deploying the resources of the state for infrastructural development, payment of salaries and pensions as well as other financial obligations of Government. On the foreign direct investment, Governor Otti said that Abia had moved from the 27th position to the 3rd position in the states with highest foreign direct investment.
Source.vanguardngr