Exposed: How Gov Otti Flawed Enyimba Economic City, Turned Owaza’s Industrial Dream Into A Real Estate Venture

‎ By Nwokeukwu Mascot‎‎‎In 2019, hopes soared across Abia State as the Enyimba Economic City, a $4 billion public-private industrial initiative was unveiled to spearhead large-scale development and economic transformation in the South-East. Strategically located between Ukwa West and Ugwunagbo LGAs.‎The project enjoyed backing from global financial institutions like the African Development Bank (AfDB) and First Bank Nigeria, with the Federal Government holding a 20% equity stake. Despite this strong foundation, the project was revoked without hesitation by Governor Alex Otti shortly after assuming office in 2023 not on the…

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