18/07/2025
GAME CHANGER FOR THE SOUTH EAST IF IMPLEMENTED.
President Bola Tinubu has approved the South-East investment initiative aimed at boosting industrial growth in the region.
Key initiatives impacting the Southeast include:
Establishment of the South-East Development Commission (SEDC):
President Tinubu signed the bill establishing the SEDC into law in July 2024. The Commission is mandated to facilitate the reconstruction and rehabilitation of infrastructure in the region, particularly those affected by the Nigerian Civil War, and also to promote sustainable development and economic transformation across the South-East states.
Infrastructure Investment: Beyond the SEDC's mandate, Tinubu has also approved and highlighted ongoing federal projects in the region, including crucial road infrastructure connecting various states in the South-East. For example, the Port Harcourt to Enugu, Enugu to Abakaliki, Enugu to Onitsha, and Onitsha to Owerri roads have been mentioned as key projects.
Approval of South-East Investment Company (SEIC): In a bid to boost industrial growth and investment, President Tinubu approved the creation of the South-East Investment Company (SEIC), a specialized investment entity aimed at fostering economic development in the region.
Focus on Human Capital Development: The administration emphasizes initiatives to equip young Nigerians with digital skills, promote entrepreneurship, and create job opportunities across various sectors, which can benefit the South-East as well.
These initiatives collectively aim to address long-standing developmental challenges in the South-East, promote infrastructure development, foster economic growth, and improve the overall well-being of the region's inhabitants.
