Abia State Governor Alex Otti flags off ₦1.3 billion Ubakala and Ariaria water scheme rehabilitation projects to improve access to clean water across Abia. Abia State Governor, Alex Otti, has officially flagged off the rehabilitation of the Ubakala Water Scheme and Ariaria Water Scheme in Aba, projects valued at ₦1.3 billion, as part of activities marking his administration’s third anniversary in office.

Speaking during the ceremony held at Ubakala in Umuahia South Local Government Area on Sunday, Otti said the projects are aimed at improving access to clean and safe water across Abia State, stressing that potable water remains one of the most important needs of the people.

The governor appreciated humanitarian organisation Mercy Corps for supporting the state government on the projects, noting that the intervention would make a major impact on residents once completed.

I want to thank them for this support and their resilience. N1.3 Billion is a lot of money and we cannot take it for granted. As we flag it off, we will assume that we have flagged-off the two projects. So, when we return here again, it will be for commissioning the water scheme,” Otti said.

He explained that both the Ubakala and Ariaria water schemes would be completed and commissioned together, adding that his administration considers water supply a top priority because of its direct connection to public health and economic development.

“Water is so critical to life and a lot of people have passed on because of unsafe water.”

“That is why this government has taken it as a critical project, one of her critical projects, to ensure that we have potable water across the State,” the governor added.

Otti also revealed that the Aba Regional Water Project has already reached about 95 per cent completion, another indication of the government’s push to revive water infrastructure in the commercial city.

The Commissioner for Power and Public Utilities, Ikechukwu Monday, said the projects are part of the broader Abia Integrated WASH Accelerated Programme earlier launched by the governor to improve water, sanitation and hygiene services across the state.

According to him, the projects had faced repeated delays in the past due to security and funding issues.

“This is the third time that the flag-off of these projects has been planned.

“The first time, we had a date, the financier was on their way to this place, and along Anambra, they were kidnapped. As you know, this project was initially financed by USAID through the Mercy Corps. The second one was in January last year.

Nigeria remains the World Bank’s third-largest borrower, with $18.5bn in debt exposure, as fresh data show the country’s reliance on concessional loans continues to rise amid economic reforms and infrastructure funding needs.

Nigeria has remained the third-largest borrower from the World Bank’s International Development Association (IDA), with the country’s debt exposure now standing at $18.5 billion as of March 31, 2026.

Fresh figures contained in the IDA’s March 2026 financial statements showed that Nigeria’s exposure dropped slightly from the $18.7 billion recorded in December 2025, representing a decline of about $200 million within three months.

Even with the slight quarterly drop, Nigeria’s debt to the World Bank has continued to rise on a yearly basis. The latest figure is about $1.2 billion higher than the $17.3 billion exposure recorded in March 2025, showing a 6.9 per cent increase over one year.

The new ranking places Nigeria behind Bangladesh and Pakistan among countries with the highest borrowing from the World Bank’s concessional lending arm. According to the report, Bangladesh remained the largest borrower with $22.7 billion exposure, while Pakistan followed with $19.2 billion. Nigeria came third with $18.5 billion.

Nigeria alone accounts for around eight per cent of the institution’s total loan portfolio and roughly 13.3 per cent of the combined exposure of the IDA’s ten largest borrowers.

The report further showed that the 10 largest borrowing countries account for about 60 per cent of the World Bank’s concessional lending exposure globally.

Nigeria’s rising exposure highlights the country’s growing dependence on multilateral financing to support infrastructure projects, social programmes, economic reforms and budget support amid ongoing fiscal pressures.

The Federal Government is also in talks with the World Bank for another fresh loan facility valued at $1.25 billion. If approved, total World Bank loan approvals secured by Nigeria since President Bola Ahmed Tinubu assumed office in May 2023 could rise to around $10.6 billion.

Four albums in, two Grammy nominations to his name, the most entries on the Billboard U.S. Afrobeats Songs chart, and the most-streamed artist on Spotify Nigeria, Asake drops M$NEY, his fourth studio album released on the 1st of May via GIRAN REPUBLIC and EMPIRE.

The 13-track project is Asake’s most sonically varied to date. It opens with a live choral performance (an unusual choice that immediately signals this is not going to be a straightforward Afrobeats record) and moves through orchestral arrangements, jazz-tinged strings, dance production, and amapiano before it is done.

Speaking on the album, Asake said: “M$NEY is a reflection of my spiritual and creative journey. Everything flows from a place of gratitude to God, and every moment that’s shaped me. I stay true to myself but also weave in new creative expressions from my life experiences and personal evolution.”

Fans got their first taste of the project as far back as February 2025 with ‘Why Love’, followed by ‘Badman Gangsta’ featuring French artist Tiakola, a track built around a reimagined sample of Amerie’s ‘1 Thing’ that turned out to be one of the more interesting sonic swings of his singles run.

Then came ‘Worship’ with DJ Snake, which pushed the project into full cross-continental territory.

The full album expands on all of that. Outside the previously released singles, the album includes ‘Gratitude’, ‘Forgiveness’, and ‘Asambe’, a collaboration with South African amapiano producer Kabza De Small. It’s a pairing that will likely draw attention, given both artists’ standing in their respective markets.

The album artwork was created by Iraqi-Dutch artist Arthar Jabar.