SHUTDOWN: Governor Otti Takes Action Slashing Governance Costs for Abia State

Governor Alex Otti of Abia State stated on Sunday that his administration had taken proactive measures to significantly reduce the cost of governance and conserve financial resources…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Otti shared this information during his monthly media interaction event held at the Government House in Umuahia.

He explained that his government’s efforts to curtail unnecessary expenditures, which were prevalent in previous administrations, had resulted in substantial savings.

These savings, in turn, enabled his administration to meet its financial obligations, including the payment of salaries and pensions, as well as the commencement of major ongoing development projects.

“We have managed to accumulate savings from the Federation Account Allocation Committee (FAAC) by discontinuing extraneous expenses, like disbursing funds to ‘stakeholders’,” Otti emphasized.

He underscored the principle that in the new Abia, financial resources are earned through productive work rather than handed out.

Otti also emphasized that the current administration is concentrating on financial reengineering to ensure that the state’s resources are managed by professionals to achieve optimal outcomes.

He offered an assurance to the state’s residents that their financial resources are being responsibly managed.

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