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Governor Alex Otti Proposes ₦750 Billion Budget for 2025 Fiscal Year.
Governor Alex Otti of Abia State has submitted a proposed budget of ₦750 billion for the 2025 fiscal year to the state House of Assembly for review and approval. This budget reflects a notable increase of approximately 30% from the previous year’s budget of ₦523 billion.
In his presentation, titled “Budget of Sustained Momentum,” Otti allocated ₦611.7 billion, or 82% of the total budget, for capital expenditures, while ₦138.6 billion, representing 18%, is earmarked for recurrent expenditures. The governor acknowledged the significant economic challenges facing the state, including inflation and fluctuating exchange rates, which have impacted fiscal strategies.
Otti highlighted several key initiatives within the proposed budget. Notably, ₦13 billion is designated for the establishment of agro-industrial processing zones in the local government areas of Bende, Ukwa, and Umunneochi. Additionally, ₦55 billion is allocated for ongoing and new road projects, with plans to construct 170 kilometers of rural roads across all 17 local government areas. Furthermore, ₦4 billion is set aside for the refurbishment and reticulation of a 47-kilometer pipeline for the Umuahia Regional Water Scheme.
The health and education sectors are prioritized, with a combined total of 35% of the budget allocated—15% for health and 20% for education. Otti emphasized that the budget was developed with significant input from the citizens of Abia State, who participated in various engagement sessions.
In terms of revenue projections, the governor anticipates a 213% increase in the state’s internally generated revenue (IGR), alongside substantial rises in statutory allocations, grants, and Value Added Tax (VAT). To finance the remaining ₦364.1 billion, which constitutes about 51% of the budget, the administration plans to utilize borrowing from domestic and multilateral channels, ensuring that all borrowing is strictly for project execution.
Governor Otti reassured the assembly that no funds had been borrowed to date and that his administration remains committed to fiscal discipline. He reiterated that borrowing would only occur when necessary and exclusively for projects that would generate returns.
In response, the Speaker of the Abia State House of Assembly, Rt. Hon. Emmanuel Emeruwa, commended the governor’s budget proposal, affirming the House’s support in achieving the outlined goals for the 2025 fiscal year. The proposed budget signifies a strategic approach to addressing the developmental needs of Abia State while ensuring financial prudence.
The Television Content Owners Association (TCOA) successfully fulfilled its 2025 commitments to its members with the annual internal training program, “Trade Secrets Revealed: Industry Leaders Share Their Experiences.” The event, held on July 3, 2025, at the PefTI Multipurpose Hall, proved to be an engaging and informative experience for all attendees.
The program commenced with the national anthem, followed by a welcome address from the association’s First Vice President, Mrs. Moyinoluwa Olutayo. Her remarks effectively set the stage for a day of learning and networking. Mr. Emdee David, the Master of Ceremonies, then introduced the esteemed guest speakers: Chief Mr. Wale Adenuga MFR, Mrs. Ijeoma Onah, and Mr. Olatunbosun Olaegbe. While Otunba Sesan Rufai was regrettably unable to attend, the assembled panel represented a wealth of industry expertise. Interspersed throughout the program were captivating performances by PefTI art students, including live bands and other engaging presentations, adding an element of entertainment to the day’s proceedings.
The core of the event was the keynote session, expertly moderated by Ms. Busola Olugbemileke. Chief Mr. Adenuga, Mrs. Onah, and Mr. Olaegbe shared their personal career journeys, highlighted their contributions to the industry, and openly discussed the challenges they faced. Their collective insights offered valuable and actionable advice to both seasoned professionals and those newer to the content creation landscape.
An interactive Q&A session followed, allowing attendees to delve into pressing issues such as adapting to digital platforms, effective content monetization strategies, and optimal distribution methods. The panelists provided thoughtful responses on topics ranging from production quality and business development to the importance of strategic networking. In response to a question about the relevance of the association’s name, Mr. Olaegbe clarified that the Television Content Owners Association encompasses content across various platforms, emphasizing that “content is life.” This statement resonated deeply with the audience, underscoring the fundamental importance of content creation in the modern media environment.
The session concluded with key takeaways, emphasizing the need to understand target audiences, tailor content accordingly, and advocate for government support to elevate content production standards within Nigeria. The importance of careful platform selection to maximize investment returns was also highlighted.
The TCOA 2025 internal program concluded on a high note, leaving participants feeling inspired and well-informed. A wrap-up session featuring WAP TV correspondents, coupled with light refreshments, provided a fitting end to a successful and impactful event.
Below are some pictures from the Event:
The United States Mission in Nigeria has announced new guidelines effective immediately for applicants seeking F, M, and J nonimmigrant visas. These visas are intended for individuals pursuing academic studies, vocational training, or participating in exchange programs within the United States.
A key change requires all applicants in these categories to adjust the privacy settings on their personal social media accounts to “public.” This measure, announced on the Mission’s official X page on Monday, is intended to complement existing vetting procedures.
According to the consulate, the updated requirement will enhance the verification of applicants’ identities and their admissibility to the United States. This announcement follows the US Department of State’s publication on June 18, 2025, regarding new guidance for vetting social media accounts of F, M, and J visa applicants.
The US government maintains that a visa remains a privilege, not a right.
The Ika Community Development Association (ICDA) has issued a strong warning against entering into any agreements with Chinese national Julie Zhuo and her company, Afrasia Mineral Limited, regarding mining activities within their territory.
Community leader Shehu condemned the attempted engagement as a violation of ministerial directives, asserting that the Minister of Solid Minerals had previously designated Orbit Exploration and Natural Products Limited as the sole legitimate entity for Community Development Agreement (CDA) negotiations.
ICDA accuses Afrasia Mineral Limited of pursuing its interests through illicit means, thereby undermining due process. While expressing willingness to collaborate constructively with Orbit Exploration under legal and transparent terms, the ICDA reaffirmed its commitment to peaceful and lawful conduct.
The community vowed to resist any imposition of illegality and threatened legal action if necessary. The ICDA, supported by its civil society organization partners, has called on government agencies, particularly the Ministry of Solid Minerals, to intervene and ensure justice prevails. Appeals have also been made to national and international stakeholders to address the Ika community’s struggle against illegal mining and exploitation.
A Heartfelt Birthday Message to Mr. David.
TCOA Workshop 2025 Promises with “Trade Secrets Revealed” Training Program.
