$125m loan facility will skyrocket development in Abia, says monarch
Ogbonnaya Ikokwu, Umuahia
The Chairman Abia State Council of Traditional Rulers, Eze Linus Nto Mbah (LINTO) has said the $125 million financing facility secured by Governor Alex Otti from the Islamic Development Bank (IsDB), for the Abia State Integrated Infrastructure Development Project will skyrocket development in the state.
Eze Mbah stated this in a statement
while reacting to the approval of $125 million financing facility from Islamic Development Bank (IsDB), for the Abia State Integrated Infrastructure Development Project, by the President of the Federal Republic of Nigeria, President Bola Almed Tinubu at the Federal Executive Council meeting, held Wednesday, August 13, 2025.
The royal father noted with joy that, the facility would support the construction of approximately 126 kilometres of road network in Aba and 35.57 kilometres in Umuahia, as well as critical erosion control works in the state.
He expressed the hope that the infrastructural development projects of the Governor would reduce travel time in Abia roads; create jobs for the people, arrest erosion menace among others.
Eze Mbah commended Governor Alex Otti for his achievements so far and said that his administration has earned the trust of leading international development institutions because of its transparency in governance.
He added that, the Governor’s commitment has not only restored public confidence but has also drawn the attention of multilateral and bilateral partners eager to support the transformation agenda of his administration.
The monarch who doubles as the Traditional Ruler of AtaIgboukwu kingdom, Umuzomgbo, Arochukwu LGA thanked President Bola Tinubu for approving the facility.
He also saluted other partners of Abia State Government for their various roles in securing the bank facility for the further development in the state.