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Home»ECONOMY»Otti commissions $35m industrial facility in Aba
ECONOMY

Otti commissions $35m industrial facility in Aba

NewsdeskBy NewsdeskMarch 26, 2026Updated:March 26, 2026No Comments2 Mins Read
Alex Otti
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Abia State Governor, Alex Otti, has commissioned a $35 million industrial facility in Aba, marking a new addition to the state’s manufacturing sector.

The development was disclosed in a statement by the Chief Press Secretary, Ukoha Njoku Ukoha, following the commissioning of the Ultimum Beverages production plant on Wednesday, March 25, 2026, at the Osisioma Industrial Layout in Aba, the commercial hub of Abia State.

The facility, which is part of a planned $100 million investment in the area, is expected to strengthen industrial activity in Aba, a city with a long-standing reputation for commerce and manufacturing. Otti described the project as a sign of renewed private sector interest in the state.

The government said the project reflects ongoing efforts to improve the business environment and attract investment into key sectors of the economy.

Otti noted that the establishment of the facility by its promoters indicates confidence in Aba’s economic potential and recent infrastructure improvements.

“Distinguished ladies and gentlemen, join me in celebrating the leaders and pathfinders at the Kadji Group… for their confidence in the Aba business ecosystem and its network of advantages,” he said.

“By committing over $35 million to build a state-of-the-art production facility and pledging to increase this to $100 million here in Egbeluowor, Osisioma Ngwa LGA, today’s event offers the ultimate validation to our position that indeed the phoenix has risen from the ashes of its ruins.” 

He added that the project underscores how investors respond to environments that offer relative stability and prospects for returns.

Alex Otti
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Lagos overtakes oil states, tops FAAC earnings with N365.78bn

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