The Abia State Government has signed a memorandum of understanding with Vega Growing Global Enterprise as part of preparations for the international investment summit and exhibition scheduled to take place in Umuahia between November 25 and 27, 2025.
The signing ceremony held at Government House, Umuahia, on Wednesday, marked a major step in the government’s plan to position Abia as a strong investment destination in Nigeria.
The three-day summit at the International Conference Centre, Umuahia, is expected to bring together international and local investors to explore business opportunities, trade partnerships, and economic growth prospects in the state.
Speaking at the event, the Special Adviser to the Governor on Investment Promotion and Public-Private Partnership, High Chief Green-Amakwe, said the administration would work closely with its partner to host a successful summit.
He explained that the Governor Alex Otti-led government is committed to creating an enabling investment climate that would attract capital, generate employment, and expand economic development.
“The Abia State Government will work tirelessly with its partner, Vega Growing Global Enterprise, to host a successful investment summit in Umuahia,” High Chief Green-Amakwe stated.
The Special Adviser, who also serves as Chairman of the Steering Committee for the Turkey-Abia Investment Summit and Product Exhibition 2025, noted that the MoU provides a roadmap for the committee to achieve its mandate.
According to him, “Having drawn the roadmap through the MoU that has just been signed, I expect that people will put their ideas here towards invitation, towards what they think will make this event a success.”
He recalled that the committee was inaugurated on June 4, 2025, with the assignment to cooperate with Turkey through Vega Growing Global Enterprise as a consultant for the summit. He added that the government remains focused on attracting both foreign direct investment and domestic investors to Abia State.
Also speaking, the Commissioner for Trade and Commerce, Mr. Kingsley Nwokocha, described the signing of the agreement as a new chapter in the preparation process.
“This MoU is the beginning of the journey of this Turkey-Abia investment promotion coming in November. Our works are cut out for us. We need to work diligently to make sure that this investment summit is successful. Each and every one of us must work extra hard to make sure that this investment promotion or summit is one of its kind,” Mr. Nwokocha said.
In his remarks, the Managing Director of Vega Growing Global Enterprise, Mr. Eniola Ojajuni, expressed appreciation to the Abia State Government for the opportunity to collaborate as partners in driving economic growth.
He commended the vision of the government, describing Abia State as the “next investment hub in the South East.” He further assured that the organization is committed to supporting the state’s investment drive and to ensuring the successful hosting of the summit.
Mr. Ojajuni noted that the summit would showcase Abia’s potential in key sectors such as real estate, agriculture, manufacturing, technology, and energy, adding that international exposure would boost economic opportunities for both investors and residents.