SEDC Seeks N140B Budget to Grow South-East to $200B Economy
South-East Development Commission (SEDC) requests N140 billion 2026 budget to achieve $200 billion economy in 10 years. Managing Director Mark Okoye announced plans during Senate budget defence in Abuja. Commission secured $150 billion funding approval for infrastructure and industrial projects. Proposed budget allocates N108 billion for capital projects, N23 billion overhead, N7.3 billion personnel. Only N5 billion received from 2025 allocation used for promotion. South-East Investment Conference to operate under public-private partnership framework. Lawmakers urge focus on schools, hospitals, and core infrastructure. SEDC established under President Tinubu to address regional deficits.