He advised the state to work toward increasing its Gross Domestic Product (GDP) per capita, Gross National Income (GNI) per capita, and trade imbalances with other economies in the Southeast.
In a statement on Monday, Ogah, who was the most recent Minister of State for Mines and Steel Development, emphasized that Abia must aggressively pursue her regional integration and cooperation agenda in order to start the process of improving people’s lives and transforming the state from a rural agrarian disposition.
It is essential that we move forward with the development of other nearby areas to serve as hubs in specific economic activities, not only for the benefit of Abia State but also for the entire South East region of Nigeria and beyond. This is because we are already blessed with entrepreneurial people in the state’s seventeen LGAs and a significant commercial center in Aba.
“We would get a lot of benefits ranging from increased production capacity, economic diversification and growth, job creation, and above all, poverty alleviation, which would have a rippling effect on other states of the South East,” he suggested.
According to him, the goal of the regional integration and cooperation plan is to start a range of types of regional cooperation that would involve mutually beneficial policies and regulatory frameworks, which would then result in the creation of joint institutions.
In addition to other projects that would spur economic growth, he asserted that such collaborations would result in the establishment of highly developed transportation modes within the zone, such as rail transport and alternate highways to reduce travel times between the region’s production, service, and raw material hubs.