Abia State Governor, Dr. Alex Otti, has reaffirmed his administration's commitment to supporting Ultimum Limited, a multimillion-dollar beverage manufacturing company located in the Osisioma industrial cluster in Aba. During a meeting with the company's CEO, Mr. Austin Ufomba, Governor Otti assured the company of his administration's unwavering support, recognizing the significant investment and potential for job creation and economic growth ¹.
Key Highlights of Governor Otti's Support
- *Road Reconstruction*: The governor has approved the immediate reconstruction of the road leading to the company, situated along Adaelu Road in Osisioma LGA, to reduce production costs and enhance logistics efficiency.
- *Security*: Governor Otti emphasized his administration's zero-tolerance policy for crime and insecurity, highlighting Abia's effective security architecture as a testament to his commitment to creating a safe environment for businesses to thrive.
- *Investment Haven*: The governor commended Ultimum Limited for choosing Abia as a location for their investment, citing his administration's efforts to create an enabling business environment that has attracted investors and facilitated the return of businesses to the state ².
Ultimum Limited's Investment Impact
Ultimum Limited's investment in Abia State is expected to have a significant impact on the local economy, including ¹:
- *Job Creation*: The company's operations will create employment opportunities for residents of Abia State and beyond.
- *Community Development*: The investment will contribute to community development initiatives, enhancing the quality of life for local residents.
- *Increased IGR*: The company's tax payments will increase Abia State's internally generated revenue, supporting the state's economic growth and development.
About Ultimum Limited
Ultimum Limited is a fast-growing beverage manufacturing company and a Nigerian-based subsidiary of Union Camerounaise de Brasseries, with over 50 years of experience in the industry. The company is committed to developing quality products that meet customer aspirations and is dedicated to creating a family of colleagues, growth opportunities, and developing its people ³.
