H’Reps approve ₦140bn budget for S’East Devt. Commission

H'Reps approve SEDC budget

The 10th House of Representatives Committee on the South-East Development Commission has approved the South-East Development Commission’s proposed ₦140 billion budget for the 2026 fiscal year. The approval followed a presentation by SEDC Managing Director and CEO, Mark Okoye, during a budget defence session on Thursday. Established to drive economic growth, infrastructure development, and industrialisation across Nigeria’s five South-East states, the SEDC coordinates regional development projects and attracts both public and private investments to enhance the region’s socio-economic profile. During the session, Okoye unveiled the Commission’s ambitious plan to grow…

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