By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BrandiQBrandiQBrandiQ
  • Brand & Marketing
  • Industry News
  • Market Intelligence
  • Business & Economy
  • Technology & Digital
Reading: Imo Economic Summit Targets $1tn Economy, Says Governor Uzodimma
Share
0

No products in the cart.

Notification Show More
Font ResizerAa
BrandiQBrandiQ
0
Font ResizerAa
Search
  • Brand & Marketing
  • Industry News
  • Market Intelligence
Have an existing account? Sign In
Follow US
© 2026 Brand IQ. All Rights Reserved.
Business & Economy

Imo Economic Summit Targets $1tn Economy, Says Governor Uzodimma

Joshua Stephen
Last updated: November 25, 2025 8:51 am
Joshua Stephen
November 25, 2025
Share
4 Min Read
SHARE

Photo: Imo State Governor, Hope Uzodimma

The Governor of Imo State, Hope Uzodimma, has stated that the state is expecting a gain of $1tn from the forthcoming Imo Economic Summit, according to a statement on Monday from the Chief Press Secretary/Special Adviser on Media to the Governor, Oguwike Nwachuku.

According to the statement, Uzodimma disclosed this while speaking at the Government House Banquet Hall, Owerri, after the Feast of Christ the King. The governor also disclosed his administration’s plan to launch the economic agenda with the hosting of the Global Economic Summit and Tourism Revival Projects.

Photo: Owerri

Uzodimma also announced an ambitious slate of economic and cultural initiatives aimed at repositioning Imo State as a major national and international hub, including a World Investment and Economic Summit set to host prominent global leaders.

He frowned at those constituting obstacles to the ongoing Light Up Imo Project, noting that such obstacles will not deter his government from linking the state’s electricity infrastructure to the national grid.

“We cannot spend billions on power infrastructure and fail to distribute electricity to our people. By next week, we will take decisive steps,” the governor said. Uzodimma expressed gratitude for public support and emphasised the importance of unity and collective progress. “When we eat and work together, our blessings come faster,” he said.

He highlighted that the Investment and Economic Summit to be held the first week in December in the state capital is intended “to build $1tn economy in Imo State; and the event will be hosting former Secretary General of United Nations, a former British Prime Minister, the President of the Federal Republic of Nigeria and a couple of African Heads of State and leaders.”

“It is a thing of joy, we want to announce Imo State to the world,” Uzodimma stressed. He further revealed that the state will host the Ahiajoku Lecture Series at the month’s end, adding that the Ahiajoku Lecture Series remained a cultural legacy established by former Governor Sam Mbakwe.

Describing the festival as one of the tourist indicators of Imo State’s economy, the Governor maintained that his administration is doing everything to rehabilitate and promote the festival as a long-term tourism asset.

“This monument will be one of the key tourist indicators of our state economy,” he noted, urging citizens to participate. Ideas rule the world, and we are ready to rebuild the circle of excellence our state once represented,” Uzodimma said.

The governor explained that insecurity and political interference had previously delayed these lofty initiatives. He criticised individuals who vandalised public property, including a recent incident involving an unauthorised alteration of a government-built roundabout.

“Government property is not anybody’s property; conduct is part of success. We must begin to behave ourselves as responsible citizens,” he warned. The governor outlined ongoing efforts to rebuild Imo’s public sector, emphasising that prosperity depends on functional public schools, hospitals, transportation systems, and infrastructure.

He noted that even substantial wage increases cannot compensate for the high cost of private healthcare and schooling, making government services essential for affordability. “If our schools and hospitals work, a civil servant can run a household comfortably,” he said.

On the ongoing Light Up Imo Project, he vowed to confront any federal-level political obstacles preventing the state from connecting its completed power infrastructure to the grid.

The governor urged citizens to prioritise the state’s collective interest over personal or political differences, calling on residents to stand together for the future of the state.

You Might Also Like

Nigeria’s N4tn Power Sector Bailout and the World Bank Warning: When Fixing Electricity Becomes Fiscal Risk
The Perception Tax: Africa’s Most Expensive Misconception
Integrated Urban Development, Housing Economics and Africa’s Next Infrastructure Frontier: Mitrelli’s Angola Bet in Context
Standard Chartered Empowers Women in Business, Leadership Roles
Equatorial Guinea Launches Vision 2030 Malaria Elimination Strategy Following International Recognition at African Energy Week (AEW)
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Surprise0
Wink0
Previous Article AFCAC Sec-Gen Urges Implementation of Single African Air Transport Market
Next Article Hilal Takaful Insurance Appoints Olanrewaju as MD/CEO
Leave a Comment

Leave a Reply Cancel reply

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

Africa Launches the First Pan-African Pact for Insurance Inclusion
Business & Economy
Wema Bank, EIB Global Sign €50 Million Facility to Boost Women- and Youth-Led Enterprises 
Brand & Marketing
Maltina’s Nourishment Tour: See What Happens Inside  
Brand & Marketing
Why Brands Should Build Agency Partnerships, Not Supplier Lists, says Penquin Executive
Industry News
- Advertisement -

You Might Also Like

chappal energies

Chappal Energies Secures $430m Reserve Lending Facilities

December 23, 2025

Nigeria Inflation Forecast 2026: Oil Shock Pushes Inflation to 15.95% as Disinflation Trend Reverses

May 19, 2026

Nestlé Drives Circular Economy Through Plastic Recycling

November 5, 2025

UBA, Three Other Banks Pay N135bn Dividends Amid Challenges

September 26, 2025

NITEL–MTEL Pensioners Protest Unpaid Arrears, Demand Justice

November 19, 2025

AfCFTA’s $1 Billion Fund and the New Battle for Africa’s Economic Future

June 17, 2026
African Energy Chamber

African Energy Chamber Signs Cooperation Deal with Venezuela to Boost Energy Investment

March 6, 2026

FirstBank Integrates PAPSS Into Cross-Border Payments App

October 27, 2025

Subscribe to BrandiQ Newsletter

Subscribe to our newsletter to get our latest articles instantly! Don't worry, we don't spam.
Brand IQ

BrandiQ is Africa’s leading digital platform for brand strategy, business innovation, marketing insights, and data-backed intelligence shaping African markets.

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

Copyright 2013 – 2026 BrandiQ. All Rights Reserved

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?