12/08/2026
IN ABASI NATION, ECONOMIC GROWTH SHOULD BE MEASURED BY JOB CREATION, EMPLOYMENT — VICTOR UDO
By Destiny Isong
Economic growth in Abasi Nation, comprising Ibibio, Annang, Efik, Oro, Ekid, Obolo and Ekoi, should not be judged solely by statistics, infrastructure or the volume of investments recorded.
It should also be measured by the extent to which economic activities translate into meaningful employment, sustainable livelihoods and improved living standards for Ndito Abasi across Abasi Nation.
This was the position made by Victor Udo, PhD, FNSE, CEO and Chairman of Abasi People Foundation, during an edition of the Abasi People Forum Podcast Series.
Victor Udo emphasised that a growing economy must ultimately create opportunities for Abasians or Ndito Abasi to participate productively in economic development.
According to him, when businesses expand, industries emerge and investments increase, job creation and employment opportunities should follow, with the benefits reflected in the number of people gaining access to sustainable employment.
For Abasi Nation, economic progress should therefore be assessed not only by what is built, but also by how many lives are positively transformed through productive work.
He noted that job creation is one of the clearest indicators of inclusive economic growth, because employment gives individuals the capacity to earn, provide for their families, develop skills and contribute meaningfully to society.
An economy that records impressive figures while a significant proportion of its young and working-age population remains unemployed or underemployed cannot be considered fully inclusive.
The CEO and Chairman of Abasi People Foundation further stressed the importance of creating an environment where indigenous entrepreneurship can thrive across Abasi Nation.
According to him, supporting small and medium-sized enterprises, strengthening local industries, developing skills and attracting responsible investments can expand the employment base across the region.
Such an approach would enable economic growth to reach communities beyond major urban centres and create opportunities for Abasians - across the seven tribes.
He also pointed to the enormous economic potential within Abasi Nation, particularly in agriculture, agro-processing, manufacturing, technology, tourism, the blue economy and other areas where indigenous resources and human capital can be strategically harnessed.
Developing these sectors, he argued, should go beyond resource extraction. It should focus on creating value chains that generate businesses, skilled employment and long-term economic opportunities for Abasians.
Victor Udo maintained that employment must remain central to development planning, especially as Abasi Nation seeks to prepare its young population for the future.
He advocated a development model in which government, the private sector, community leaders and other stakeholders work together to create an economy capable of absorbing talent, rewarding innovation and providing young Abasians with opportunities to build sustainable careers within their communities.
The message from the Abasi People Forum Podcast Series is therefore clear: economic growth should be measured by its human impact.
For Abasi Nation to achieve sustainable and inclusive prosperity, development must translate into jobs, productive enterprises, stronger local economies and improved livelihoods for Abasians across the seven tribes.
Growth becomes truly meaningful when the people are not merely spectators of economic progress, but active participants and beneficiaries of it.