Abia Govt Targets Turkey, European Investors for Revival of Moribund Textile, Ceramic Industries

Dike Onwuamaeze

The Abia State Government is targeting Turkey and other European investors to revive moribund textile, ceramic and other industries in the state.

The state government revealed this last week when the Special Adviser to the Governor of Abia State, on Promotion of Public Private-Private Partnership (PPP), Mr. Jerome Green-Amakwe and the Commissioner for Trade and Commerce, Dr. Salome Nkemakolam Obiukwu, hosted a press conference in Lagos State to announce the forthcoming “Abia Turkey Investment Summit/Product Exhibition.”

Speaking during the conference, the Technical Adviser to the Commissioner for Trade and Commerce, Abia State, Dr. Fidelis Uchenna Offor, said that the strategy is for the investors to come and partner with local companies, “for the things we already have capacity to produce.”

Offor said: “One of the things they are coming to do is not just to bring new investments. We have a lot of moribund industries thar we expect their owners to sign Memorandum of Understanding (MoU) with investors from Turkey to revive.We want to use it to transfer technology and they are coming with technical know-how. They are also coming with capital to revive those companies.

“They are going to work with our people and train them while we agree on technical management agreement. That is one. So, they are not just coming to invest on new industries, they are also coming to help us to revitalise those ones that dead. For instance, we have ceramic company in Umuahia, We have Abia Textile, machine tools factory and quite a number of them that are scattered there.”

He said that the purpose is for them to partner with local entrepreneurs and bring those industries back to life.

“We are going to midwife whatever agreement they will reach to ensure a win-win situation,” Offor said.

Shedding light on the oncoming summit, Green-Amakwe, said that Abia State Government Abia State government is hosting an international summit that will bring in businessmen and women from Turkey, Europe, other countries including local and international Investors to Abia State from November 25-27, 2025, at the International Conference Centre, Umuahia, Abia State, with the theme “Bridging Continents, Unlocking Prosperity.”

He said: “The administration of Dr. Alex Chioma Otti is committed to creating a more favourable investment environment for the people of the state and all investors who would like to identify with Abia and we are working assiduously with our partner, to host a successful investment summit in Umuahia.

“Through this investment summit, we seek to explore business opportunities across key sectors in Abia State, including manufacturing, agriculture and agro-processing, textile, fashion, tourism and leatherworks, inergy and Infrastructure, trade and logistics, among others. Our key objective is to strengthen bilateral relations between Turkey, Abia and Nigeria at large. We intend to also showcase products and services to the dynamic African market. The summit would also provide opportunity for Business to Business (B2B) meetings to connect investors, exporters, and local enterprises as well as promote trade cooperation and strategic joint ventures.”

Speaking in the vein, Obiukwu said that it is the state government’s firm commitment to steer Abia to the forefront of trade, commerce and investment excellence in Nigeria in fuetherance of the state governor’s mission to redefine the economic narrative of our state and position Abia as the undisputed hub of enterprise and opportunities in the Southeast and beyond.

She said: “Under the leadership of Otti, our government remains unwavering in its commitment to economic transformation, industrial growth, and the empowerment of our people.”  

  • Related Posts

    Experts Lament Short Life Span of Nigerian Airlines as Arik Air Heads Towards Extinction

    Chinedu Eze For the past three weeks, Nigeria’s foremost airline, Arik Air, which blazed the trail of modern airline business after the demise of Nigeria Airways Limited, has been operating only one aircraft, which is against the regulation of the Nigeria Civil Aviation Authority (NCAA), THISDAY investigation has revealed. According to NCAA regulations, any airline whose fleet reduces to one aircraft should be grounded but Arik Air has been operating one aircraft for over three weeks.…

    Read more

    The Decline of Billionaire Rankings…

    FACTFILE with Lanre Alfred …truth behind the headlines, conspiracies, cover-ups, trials and triumphs There is a quiet revolution happening in the Nigerian public square, a shift so subtle yet so seismic that even the loudest oligarchs have begun to feel the tremor beneath their polished Italian loafers. The country, once enthralled by the annual circus of who ranked were on Forbes or Bloomberg’s billionaire list, has finally outgrown its long-nursed obsession with billionaire worship. The fever…

    Read more

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Experts Lament Short Life Span of Nigerian Airlines as Arik Air Heads Towards Extinction

    Experts Lament Short Life Span of Nigerian Airlines as Arik Air Heads Towards Extinction

    The Decline of Billionaire Rankings…

    The Decline of Billionaire Rankings…

    Nigerian Airlines Move to Regain West Coast Dominance

    Nigerian Airlines Move to Regain West Coast Dominance

    TTP Seeks Regulatory Approval to Deploy N200M Port Traffic Digitisation Solution 

    TTP Seeks Regulatory Approval to Deploy N200M Port Traffic Digitisation Solution 

    How Caverton is Electrifying Nigeria’s Inland Waterways   

    How Caverton is Electrifying Nigeria’s Inland Waterways   

    Addressing Growth Challenges of Nigerian Airlines

    Addressing Growth Challenges of Nigerian Airlines

    CSCS: T+2 Settlement Cycle Go-live in Nigerian Capital Market 

    CSCS: T+2 Settlement Cycle Go-live in Nigerian Capital Market 

    FAAN Unveils Plans to Make Nigeria Cargo Hub for W’Africa

    FAAN Unveils Plans to Make Nigeria Cargo Hub for W’Africa

    Najomo: Nigeria Rewriting Its Aeropolitical Imbalance Story

    Najomo: Nigeria Rewriting Its Aeropolitical Imbalance Story

    Air Peace Reaffirms Commitment to Nigeria-UK Busiest Air Corridor

    Air Peace Reaffirms Commitment to Nigeria-UK Busiest Air Corridor

    Kosofe CCI Strengthens Economic, Security Dialogue with Nigeria Police

    Kosofe CCI Strengthens Economic, Security Dialogue with Nigeria Police

    FROM RECOVERY TO GROWTH: STRATEGIC MONETARY POLICY

    FROM RECOVERY TO GROWTH: STRATEGIC MONETARY POLICY

    Nigerian equities market gains N111.08 billion driven by MTNN, Banking, Insurance sectors

    Nigerian equities market gains N111.08 billion driven by MTNN, Banking, Insurance sectors

    NESREA shuts down Abuja quarry after flying rocks injure students 

    NESREA shuts down Abuja quarry after flying rocks injure students 

    Nigeria ranks 4th in nationality of non-EU+ migrants in the UK 

    Nigeria ranks 4th in nationality of non-EU+ migrants in the UK 

    Former President Jonathan safe, departs Guinea-Bissau following military coup—FG 

    Former President Jonathan safe, departs Guinea-Bissau following military coup—FG 

    NAICOM: 18 insurance companies now ready for capital verification 

    NAICOM: 18 insurance companies now ready for capital verification 

    Governor Bala Mohammed presents N878 billion 2026 budget to Bauchi Assembly

    Governor Bala Mohammed presents N878 billion 2026 budget to Bauchi Assembly

    Senator Olamilekan Adeola blames International Conspiracy for insecurity in Nigeria

    Senator Olamilekan Adeola blames International Conspiracy for insecurity in Nigeria

    World Bank urges FG to cut import tariffs to curb inflation 

    World Bank urges FG to cut import tariffs to curb inflation 

    NRC to reactivate Osogbo-Dagbolu-Erunmu, Idogo rail lines for freight 

    NRC to reactivate Osogbo-Dagbolu-Erunmu, Idogo rail lines for freight 

    UK net migration drops nearly 80% in 2 years 

    UK net migration drops nearly 80% in 2 years 

    Sheriff Deputies Limited celebrates 25 years of security leadership and announces historic ‘Secure Nigeria’ Initiative 

    Sheriff Deputies Limited celebrates 25 years of security leadership and announces historic ‘Secure Nigeria’ Initiative 

    Transcorp vs UACN vs Unilever: Who’s delivering the most value for shareholders?

    Transcorp vs UACN vs Unilever: Who’s delivering the most value for shareholders?

    Best Side-Sleeper Mattress 2025: Picked by a Sleep Science Coach

    Best Side-Sleeper Mattress 2025: Picked by a Sleep Science Coach

    5 Best Smart Glasses (2025), Tested and Reviewed

    5 Best Smart Glasses (2025), Tested and Reviewed

    3 Best VPN for iPhone (2025), Tested and Reviewed

    3 Best VPN for iPhone (2025), Tested and Reviewed

    Plex Will Start Cracking Down on Free Remote Streaming Access This Week

    Plex Will Start Cracking Down on Free Remote Streaming Access This Week

    Best Black Friday Deals 2025: We’ve Tested Every Item and Tracked Every Price

    Best Black Friday Deals 2025: We’ve Tested Every Item and Tracked Every Price

    5 Great Video Games You Might Have Missed (2025): Blippo+, Sektori, Dispatch, Blue Prince

    5 Great Video Games You Might Have Missed (2025): Blippo+, Sektori, Dispatch, Blue Prince

    FAAN warns against fake AVSEC recruitment advert

    FAAN warns against fake AVSEC recruitment advert

    BREAKING: Court dismisses ex-Binance chief Gambaryan’s unlawful detention claims against EFCC, NSA

    BREAKING: Court dismisses ex-Binance chief Gambaryan’s unlawful detention claims against EFCC, NSA

    Edo Govt denies revocation of Presco Plc Land Rights, says only 20-hectare excision considered 

    Edo Govt denies revocation of Presco Plc Land Rights, says only 20-hectare excision considered 

    Bayelsa govt newly acquired aircraft makes inaugural flight

    Bayelsa govt newly acquired aircraft makes inaugural flight

    Falcon Corporation welcomes strategic investment from Energy& LLP to accelerate growth across Nigeria’s gas value chain   

    Falcon Corporation welcomes strategic investment from Energy& LLP to accelerate growth across Nigeria’s gas value chain   

    STL Trustees named Lead Trustee as Lagos State breaks record with N230bn Sub-National Bond, pioneers N14.8bn Green Bond 

    STL Trustees named Lead Trustee as Lagos State breaks record with N230bn Sub-National Bond, pioneers N14.8bn Green Bond