Categories: FinanceNews

Abia Secures $125m Loan to Implement 2024 Budget

Abia State Governor, Alex Otti, says the state government plans to secure loans to implement the 2024 Budget, adding that already, the Islamic Development Bank has approved $125 million for the state.

Otti disclosed this Monday during a chat with journalists in Umuahia, the state capital.

He added that the African Development Bank has also approved some funds for the state.

On wage awards or salary increase, the governor assured workers that his administration had not withdrawn its promise on that, stating that there is already a committee in place on the matter.

He said the state government has designed the best models for Abia schools so that “the Abia standard schools will look a certain way.”

He added that trained teachers will teach students what is relevant in the 21st century, including the internet, renewable energy, and digital technology, among others to make Abia students competitive in line with global practices.

However, the state government, he said, would ensure the quality and skills necessary to teach the students by ensuring the right training for the teachers.

VOP Lagos

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