NewStats: 3,261,951 , 8,175,646 topics. Date: Saturday, 31 May 2025 at 08:51 AM 1m536a

Abia State Governor, Alex Otti, has revealed that the state inherited a debt burden of over N138bn, out of which N72bn has been repaid, leaving a balance of N66bn in addition to outstanding liabilities such as salaries, pensions, and contractors’ payments.

He said this was according to information from the Debt Management Office.

He also announced plans to invest $1.3bn in the construction of a proposed Abia Medical City.

Speaking during the April edition of Alex Otti Speaks to Abians on Wednesday, the governor said, “The state will continue to be prudent in the management of resources, and none is to be wasted. As a result of prudence, goodwill and ability to get the best deal in every transaction, we have added no dime in the form of borrowing.”

Otti disclosed that the Port Harcourt Road in Aba will be completed by next week and will be commissioned before May 29, 2025, by President Bola Tinubu, who will also flag off the construction of the Abia Medical City, which he said will save billions of dollars from medical tourism and transport costs for the country.

On education, the governor said that 7,000 pupils are currently benefiting from the state’s free education policy.

He added that 9,000 teachers have been engaged and are undergoing phased training to improve teaching quality across schools.

Otti said the state is paying attention to mathematics, engineering, and science, among other critical subjects and “wants to prepare students to be at home with technology”.

On healthcare, Otti said primary health centres across the state will receive what he called a “touch of the new Abia,” with the planned recruitment of 777 additional healthcare workers.

On security, the state governor said the area is critical and that his istration is paying attention to the sector, noting that security is everybody’s business, and advised Abians not to “tolerate any act of insecurity”, stating that security agencies in the state are doing well, adding, “some people who tested our will didn’t find it easy”.

According to him, all investments will come to nothing if people don’t sleep with their eyes closed.

On agriculture, the governor said his government has entered into partnerships to boost rice production and greenhouse farming with Israeli firms to improve yields of vegetables and maize.

He also addressed the state’s anti-grazing law, saying, “Abia has gone beyond cows destroying our farms. We will look at it.”

Otti concluded by thanking of the State House of Assembly for their continued , noting that many of them had recently defected from their former political parties.

Source: https://punchng.com/abia-repaid-n72bn-of-n138bn-debt-plans-1-3bn-on-medical-city

Otti,the best thing that ever happened to Abia State. One day, we will get it right at the Federal level too.

yinkus6750:
Otti,the best thing that ever happened to Abia State. One day, we will get it right at the Federal level too.

On decrease of domestic debt, Abia is still number 13 on the list of states.

Jigawa & Ondo did the highest percentage decrease when you compare between 2023 & 2024 data.

Rivers, Enugu, & Niger life don spoil, even upon the almost 3X increase in FAAC, they are still increasing their domestic debt.

Governor Otti is just exceptional , I pray he will move into the next phase by may 29th

The People's Governor for a reason...






Tirelessly working for the masses. This is what Nigeria 🇳🇬 should have been enjoying if some group of nitwits didn't allow tribal emotions to sway them.

LegendHero:


On decrease of domestic debt, Abia is still number 13 on the list of states.

Jigawa & Ondo did the highest percentage decrease when you compare between 2023 & 2024 data.

Rivers, Enugu, & Niger life don spoil, even upon the almost 3X increase in FAAC, they are still increasing their domestic debt.

You are posting a chart of 2024 to counter what happened in 2025?





Mr bolt, it seems your 20k is too small for you to make a decisive rebuttal on this great news from Abia?




20k dey purge una truly!

If to say you get sense se you for post that of 2025 to counter but as you no get anything sensible to say you dr exhibit your foolishness.

christejames:

You are posting a chart of 2024 to counter what happened in 2025?
Mr bolt, it seems your 20k is too small for you to make a decisive rebuttal on this great news from Abia?




20k dey purge una truly!

christejames:


You are posting a chart of 2024 to counter what happened in 2025?

Mr bolt, it seems your 20k is too small for you to make a decisive rebuttal on this great news from Abia?

20k dey purge una truly!

Let me school you. Debt Management office only released the data for Q4 2024 and that was exactly Abia state government quoted to arrive at the N66bn value. Even Otti himself is using dec 2024 data.

I am comparing 2023 because most of the governors took office in 2023 and that was exactly what Otti used also as his starting figure N138bn to show people he led a decrease of N70bn +.

Check the extract from the post here.

Now apologize for wasting my time.

Abia State Governor, Alex Otti, has revealed that the state inherited a debt burden of over N138bn, out of which N72bn has been repaid, leaving a balance of N66bn in addition to outstanding liabilities such as salaries, pensions, and contractors’ payments.

ayokellany:
If to say you get sense se you for post that of 2025 to counter but as you no get anything sensible to say you dr exhibit your foolishness.

Don't mind him. Even Otti himself is using 2024 Q4 figures because on DMO website, that is the latest they have and they released that on April 7th 2025 on their website.

Alex Otti used the same exact Q4 2024 figures for his statement.

Ok

Good.
Thanks to Tinubunomics.
With the removal of subsidy that was choking Nigeria,a lot of states are financially buoyant in recent time.
The way the economy is being projected,there will still be a lot of genuine abundance which will trickle to us,the masses soonest.
God bless Nigerians.

Thank you Peter Obi


Thank you Alex Otti


We pray to have your kind in Imo, Anambra, Ebonyi and Enugu soon to help Southeast come out of the mess Buhari and Tinubu plunged us into with their wicked leaderships

Commendable

Abia people proved that it is insanity to do the same thing over and over again, and expect a different result.

While the rest of the country was running mad, abia people dared to be different.

They put their votes where their mouth was, and voted for a change.

They are reaping the benefits now, and their children will thank them for it.

APC e-thugs don attack this man otti taya

A medical city is a welcome development. People from all over Nigeria will travel to Abia for medical treatment

CSTRR:
Abia people proved that it is insanity to do the same thing over and over again, and expect a different result.

While the rest of the country was running mad, abia people dared to be different.

They put their votes where their mouth was, and voted for a change.

They are reaping the benefits now, and their children will thank them for it.

All this epistle onto 13th position in debt decrease? What should Jigawa and Ondo state now say?

Just comment President Tinubu for repositioning Nigeria finances to ensure states now have money left to service their obligation and have more to spend.

Ritchiee:
Good.
Thanks to Tinubunomics.
With the removal of subsidy that was choking Nigeria,a lot of states are financially buoyant in recent time.
The way the economy is being projected,there will still be a lot of genuine abundance which will trickle to us,the masses soonest.
God bless Nigerians.

This is exactly why all the governors are now ing Tinubu.

Jigawa state governor is something else. He already paid of 96% of their domestic loan. Soon that state no go owe any domestic loan again.

They'll soon ask him to Apc

Abia almost missed Alex otti.
Pdp almost rigged that state, to continue their legacy of pillaging and high level looting.

The people rose, and defended their votes. A woman of integrity in the name of Prof Nnenna refused to be bullied.
Good things don't come easy.

The integrity, righteousness and tenacity that was not found at the INEC headquarters in Abuja, was found in abia state.

Abia is progressing today, while Nigeria is retrogressing.

franchasng:
Thank you Peter Obi


Thank you Alex Otti


We pray to have your kind in Imo, Anambra, Ebonyi and Enugu soon to help Southeast come out of the mess Buhari and Tinubu plunged us into with their wicked leaderships

Point of correction
Its not Tinubu, ask Orji Uzor Kalu, Okezie Ikpzu, and T A Orji

LegendHero:


On decrease of domestic debt, Abia is still number 13 on the list of states.

Jigawa & Ondo did the highest percentage decrease when you compare between 2023 & 2024 data.

Rivers, Enugu, & Niger life don spoil, even upon the almost 3X increase in FAAC, they are still increasing their domestic debt.

For Rivers, money na water. Just tell the gov. you want to have a function in the state, they'll borrow to you. Ask NBA if in doubt.

I expect nothing short of excellence from a technocrat and someone who successfully managed a bank.

Nigerians think leadership is rocket science...!

No, it isn't!

LegendHero:


This is exactly why all the governors are now ing Tinubu.

Jigawa state governor is something else. He already paid of 96% of their domestic loan. Soon that state no go owe any domestic loan again.

Some enemies of Nigeria want us to continue the former fake life which Nigeria was built on from inception.
The emergency lovers of Nigeria.

Tigernut101:


Point of correction
Its not Tinubu, ask Orji Uzor Kalu, Okezie Ikpzu, and T A Orji

Everything for some of them na Tinubu. I just tire.

CSTRR:
Abia almost missed Alex otti.
Pdp almost rigged that state, to continue their legacy of pillaging and high level looting.

The people rose, and defended their votes. A woman of integrity in the name of Prof Nnenna refused to be bullied.
Good things don't come easy.

The integrity, righteousness and tenacity that was not found at the INEC headquarters in Abuja, was found in abia state.

Abia is progressing today, while Nigeria is retrogressing.

She stood her ground
One decision that changed the game for Ndi Abia

LegendHero:


All this epistle onto 13th position in debt decrease? What should Jigawa and Ondo state now say?

Just comment President Tinubu for repositioning Nigeria finances to ensure states now have money left to service their obligation and have more to spend.

Abia state was previously a negative example among her peers.
People like you laughed and mocked that state at every turn.

The state was pillaged by the pdp and debts mounted. Even during the oil boom.

The Story is different today. It is now a positive example. Debts are being paid, infrastructure is being built and investments into the people is at all time high.

If you think your hopeless incompetent and wasteful president is the reason why resources are now being properly managed and utilized in abia state, then you are drunk on something strong.

Tinubu and Otti is as different as night is from day.

Wow! Delta... Paid over 250B

LegendHero:


This is exactly why all the governors are now ing Tinubu.

Jigawa state governor is something else. He already paid of 96% of their domestic loan. Soon that state no go owe any domestic loan again.

You think governors are decamping to APC because tinubu is giving them a greater avenue to do more public good?

Are you that deluded, or just plain foolish?

This is Tinubunomics effect we are seeing all over the states with the drastic reduction in domestic debts across the board

LegendHero:


All this epistle onto 13th position in debt decrease? What should Jigawa and Ondo state now say?

Just comment President Tinubu for repositioning Nigeria finances to ensure states now have money left to service their obligation and have more to spend.

If you know where Abia State is coming from....

24 years of wasteful leadership plus loans on top of that.

This is worth being joyful about

LegendHero:


This is exactly why all the governors are now ing Tinubu.

Jigawa state governor is something else. He already paid of 96% of their domestic loan. Soon that state no go owe any domestic loan again.

I think we should be hailing Delta state Government. My goodness!!! They have repaid over 260B out of 465B. I'm not even from SS, but I'm loving his proactiveness