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Terms of Reference
Guidelines for the Abia State Global Economic Advisory Council
The Terms of Reference (ToR) for the Abia State Global Economic Advisory Council (AGEAC) outline the background, objacetives, investment priorities and many other information about the Council. These guidelines serve to ensure clarity and efficiency in the Council’s operations, fostering effective collaboration and decision-making.
The Abia State Global Economic Advisory Council is established to provide strategic advice and guidance to the Executive Governor of Abia State on matters related to investment promotion, economic development, and fostering an innovative and favorable business environment in the State.
- Advise the State on ease of doing business.
- Advise the State on its investment selling points (ground zero).
- Advise the State on investment funding sources.
Infrastructure (Power, Digital, Transportation, Healthcare, Education), Security, Access to Capital.
- Agriculture, Hydroponics, Agro processing.
- Mining.
- Talent (digital & creative).
- Oil & Gas.
18 Members and 2 Honorary Advisers
- Providing expert advice on the State’s attractiveness as an investment destination.
- Providing expert advice on investment promotion strategies.
- Reviewing and recommending changes to existing policies affecting investment.
- Identifying key sectors for targeted investment promotion.
- Recommending innovative measures to enhance the State's competitiveness globally.
- Recommending mobile and technology solutions for scalability and efficiency.
- Align the State with global best practice – sustainability etc.
Advise on priority sectors – Digital/SME sector, Housing sector.
The Advisory Council will seek to meet up to four times a year – virtually or hybrid
Governor of Abia State, His Excellency Dr. Alex C. Otti, (OFR).
Two years renewable
Strategy Office, Office of the Governor
Thursday, January 18, 2024
