FG Supports Entrepreneurs in Aba With N7.5million

The federal government has released N7.5 million to finance the businesses of small scale entrepreneurs engaged in tools fabrication in Aba Abia State.

The senator representing Abia South senatorial zone in the National Assembly, Senator Enyinnaya Abaribe who disclosed this at the Aba Urban Development summit at the Enitona Hotels Aba said that the federal government was prepared to encourage local fabricators of machine, tools, and spares.

Senator Abaribe who said the summit was timely and the theme “Extracting Practical Solutions to Unlocking the Potentials of Aba” apt and hoped that the recommendations will be adopted and implemented.

Declaring the summit open, Governor Okezie Ikpeazu said there is an urgent need for collective effort to return Aba, the commercial nerve centre of the state to its former glory.

He recalled with nostalgia a time when every spare part that could not be found any where in the country would be brought to Aba and be fabricated locally, made in Aba textiles exported to other parts of Africa and international investors saw the city as an investors destination.

According to him, Aba remains one of the best places to invest in and stated his readiness to provide investors the right environment that would grow their businesses.

The Governor stated that Aba occupies a strategic position in the economic development of not only Abia state but the South East generally, adding that his dream is to develop Aba into a mega city.