The South East Development Commission (SEDC) aims to grow the region’s economy to $200 billion by 2035, aligning with President Bola Tinubu’s vision of a $1 trillion national GDP.
Speaking at his inauguration, Managing Director Mark Okoye expressed gratitude to the 10th National Assembly and the Senate Committee on Regional Commissions for their role in establishing the commission. He highlighted the urgent need for infrastructure investment, citing over 2,500 active erosion sites, high unemployment, and a challenging business environment in the region.
To address these challenges, SEDC plans to:
Rebuild critical infrastructure damaged during the Civil War.
Collaborate with state governments, private sector investors, and development partners.
Focus on security, investment climate, technology, innovation, agriculture, and industrialization.
Engage traditional and religious leaders, academia, and civil society to ensure inclusive development.
Okoye assured that SEDC will prioritize action over rhetoric, with clear strategies and measurable impact. In the coming months, the commission will launch new initiatives and an interactive website for public engagement.
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