The Chartered Institute of Bankers of Nigeria (CIBN) has praised Abia State Governor, Alex Otti, for significant economic and social achievements under his administration. The commendation was made by Prof. Pius Olarenwaju, CIBN President and Chairman of Council, during a courtesy visit to the governor’s office on Thursday.
Olarenwaju highlighted key milestones, including a 10 per cent growth in the state’s Gross Domestic Product, an eight per cent reduction in poverty, the attraction of substantial investments, and the creation of over 10,000 jobs. He also acknowledged improvements in healthcare delivery, reduced mortality rates, introduction of health insurance, and enhanced education infrastructure through free education policies.
He further lauded ongoing infrastructure projects and the state’s security initiative, Operation Crush, which has bolstered youth confidence and economic activity. Olarenwaju also recognized Otti’s contributions to the banking sector and described him as a goodwill ambassador of the institute.
The CIBN expressed interest in deepening collaboration with the Abia State Government on initiatives such as financial literacy, financial inclusion, completion of the CIBN state office, and infrastructural development. The institute is currently involved in a national programme aimed at training 10 million women and youths in financial inclusion, which it seeks to extend in partnership with the state.
Receiving the delegation, Governor Otti reaffirmed his commitment to sustainable development and further cooperation with the CIBN. He outlined his administration’s accomplishments, including increased school enrolment under the free education policy, the recruitment of 5,394 teachers with plans to employ an additional 4,000, economic growth, poverty reduction, and improved healthcare delivery.
Otti also welcomed the institute’s proposals on curriculum reform, regional conferences, and financial literacy programmes, noting their importance in preventing investment mistakes and promoting economic empowerment.
The meeting was attended by senior state officials, including the Commissioners for Finance and Agriculture, and the State Accountant-General.
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