Otti backs Enyimba Economic City but demands transparency, due process

Abia State Governor Alex Otti has affirmed his support for the Enyimba Economic City project, but stressed that all associated processes must be transparent and legally sound. Speaking during a courtesy visit from the project's reconstituted board, Otti reiterated his administration's pro-business commitment, emphasizing that investments must align with due process and protect the state's interests.

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So I’m not against any Enyimba Economic City, but I believe that there are things that were not properly done and they should be done properly.

"So I’m not against any Enyimba Economic City, but I believe that there are things that were not properly done and they should be done properly," Otti stated. He noted that the matter is currently sub judice due to ongoing court proceedings.

Otti elaborated on the origins of the disagreements, stemming from concerns over the land acquisition process for the nearly 10,000 hectares involved. He explained that while the state initially intended to allocate 1,000 hectares for its own Abia Industrial and Innovation Park, the company later reneged on an agreement. Consequently, the state revoked the Certificate of Occupancy for the entire parcel, retaining the 1,000 hectares required.

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But having said that, since the matter is subjudice, I’ll leave it at that.

Furthermore, Otti expressed surprise at the state government's reported six percent equity in the company, despite the substantial land contribution. "I would not do that kind of deal," he remarked. He also highlighted concerns about unpaid compensation to original landowners, which has led to multiple lawsuits. Otti assured that investors are welcome to acquire land for projects, provided communities are properly compensated and agreements are reached.

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I would not do that kind of deal.