Nigeria, Sept. 11 -- Abia State has secured approvals for about N1.24 trillion in private capital investments as Governor Alex Otti's administration seeks to expand infrastructure and economic activity beyond government funding.

The approved investment pipeline includes N914 billion in joint ventures and another N327 billion through design, build, operate and transfer concessions.

Otti disclosed this at the Nigerian British Chamber of Commerce Meet the Governor Series in Lagos, where he outlined plans to position Abia as a stronger destination for long term investment.

The governor said the state's N1.01 trillion 2026 budget commits 80 percent to capital expenditure, while private and external funding is being directed towards infrast...