
CIBN praises Alex Otti for economic progress in Abia
Alex Otti, Governor of Abia State, has been commended by the Chartered Institute of Bankers of Nigeria for his administration's economic achievements. The President and Chairman of the Council of the CIBN, Prof. Pius Olarenwaju, led a delegation to express appreciation for the state's progress. The CIBN highlighted improvements in GDP, poverty reduction, job creation, and social sector reforms under Otti. Both parties discussed plans for deeper collaboration in financial literacy and inclusion.
TLDR
- Prof. Pius Olarenwaju praised Alex Otti for a 10% increase in Abia's GDP and an 8% reduction in poverty.
- The CIBN noted the creation of over 10,000 jobs, improved healthcare, and enhanced education infrastructure.
- Security initiatives like Operation Crush were highlighted as boosting youth confidence and economic activity.
- Otti emphasized free and compulsory education, with school enrolment more than doubling and 5,394 teachers recruited.
- Plans for collaboration include financial literacy programmes, curriculum reform, and training for women and youths on financial inclusion.