Abia State Launches N306m Tech Business Grant Initiative

On [date not specified], Abia State Governor Alex Otti launched a N306 million tech-enabling business grant to support entrepreneurs across 17 local government areas in the state. During the unveiling, Otti reaffirmed his administration's commitment to empowering entrepreneurs and creating sustainable economic opportunities for the youth.

He emphasized that the initiative is designed to accommodate different categories of beneficiaries, ensuring broader access to economic opportunities. Otti expressed hope that the intervention would yield positive results, particularly in job creation and poverty reduction.

He stated that the N306 million grant is part of a broader economic empowerment initiative aimed at equipping Abians with relevant skills to become self-reliant and employable. Peter Ukonu, Director General of the Abia State Technology Skill Acquisition Centre, described the program as a strategic intervention to support businesses, reduce poverty, and create employment opportunities across the state.

The initiative focuses on investing in productive ventures rather than mere consumption.