The South East Development Commission (SEDC), headed by Mark Okoye, briefed the Senate Committee on the South East Development Commission, led by Senator Orji Uzor Kalu, on the commission’s three-month deliverables and progress.
The SEDC CEO briefed the commission on its prospective programs and the deliverables it has achieved in the past three months, while informing them of additional initiatives facilitated by the commission.
” We’ve completed policy frameworks for key flagship programs — the South East Agro Development Program, Industrialization Program, Venture Capital Program, Project Preparation Facility, Grassroots Sports Program, and the Michael Okpara Leadership Program.” Okoye shared on X
The Enugu-based CEO also briefed the commission on the incorporation of the South East Investment Company (SEIC), a partner company facilitated by the SEDC, and its plans to improve the region’s visibility efforts at the Afreximbank Intra-African Trade in Algiers.
Okoye added that the SEDC was able to secure technical support for major regional infrastructure projects at the trading fair in Algiers, adding to the commission’s effort to attract world-class solutions in tackling the problems of the Southeast region.
Additional efforts by the SEDC include broad consultations with academia, faith-based institutions, and other stakeholders to strengthen regional ownership of the commission’s agenda.
The Senate committee expressed satisfaction with the work done so far by the SEDC. They urged the commission to speed up execution and keep up the pace in alignment with President Tinubu’s Renewed Hope Agenda.
Infoeast View
- The South East Development Commission (SEDC), signed into law by President Bola Tinubu, is a federal agency aimed at revitalizing Nigeria’s Southeast region.
- The SEDC was modeled after the Niger Delta Development Commission, and it hopes to address lingering scars from the Biafra Civil War through reconstruction, rehabilitation, and reconciliation.
- As at the time of this report, infoeast can confirm that no tangible funds have been released to the commission by the federal coffers
