Listen to Dr Mark Okoye Jnr, the CEO and MD of the SouthEast Development Commission (SEDC) presented a 150 billion naira budget before the members of the Senate committee on SEDC and claiming that well known 14 IPOB members have abandoned agitation to follow him on their mirage project called SEDC
3.5 Billion naira on Southeast security!
and another 10.5 billion naira on security equipments like drones et al.
Mark Okoye also claimed he spent 460 Million Naira on that 4 days Conference they held in Enugu !
https://x.com/i/status/2026842205332082991
See also
Today, as Chairman of the Senate Committee on South East Development Commission, I presided over the budget defence session of the South East Development Commission (SEDC), where the Managing Director/CEO, Mark Okoye, presented the Commission’s Annual Review and Strategic Outlook covering February 2025 – February 2026.
With keen interest I and my committee members listened with as he outlined a bold and ambitious vision to build a $200 billion South East economy by 2035 through sustainable development, economic growth, unity, and strategic investments across our region.
The Commission also set clear financial targets, including a $1 billion regional target and a projected Naira 150 billion South East Investment Corporation (SEIC) capital base, all aimed at strengthening the Commission’s asset base and positioning the South East as Africa’s preferred investment destination.
As a Committee, our responsibility is to ensure that every budget proposal aligns with transparency, accountability, and measurable impact for our people. I commend the MD/CEO and his team for their efforts so far and for the strategic direction outlined in the 2026 budget proposal.
The vision is bold. The responsibility is greater. Together, we must ensure that these plans translate into roads, industries, jobs, security, and real prosperity for Ndi Igbo and the entire South East.
The Senate Committee will continue to provide the necessary legislative oversight and support to ensure the success of the South East Development Commission.
OUK
Dear Readers, Good and credible news reportage is tedious task and requires huge finances.
We are soliciting your Noble support for as low as N1,000 your support would go a long way in assisting us to continue to guarantee our readers quality news.
Bank transfers can be made to:
Account Name: Harvest and Commercial
Bank: Sterling Bank
Account Number: 0078627735