₦airaland Forum

President Tinubu has approved the South-East investment initiative aimed at boosting industrial growth in the region.

President Tinubu has given his executive approval for the creation of the South-East Investment Company (SEIC). This specialized investment entity will function under the South East Development Commission (SEDC) with the aim of harnessing private capital, boosting regional competitiveness, and accelerating industrial development in the South-East region.

The President's choice comes after receiving the SEDC's report detailing their performance over the past 100 days, along with an official request to establish a subsidiary dedicated solely to securing long-term funding and spearheading transformative economic initiatives in the area.

The SEIC is designed to function as an independently governed investment entity, driven by private-sector leadership, and not reliant on yearly government budgets. Its strategic approach is inspired by the legacy of the Eastern Nigeria Development Corporation (ENDC), which, during Dr. Michael Okpara's leadership, led industrial transformation in the former Eastern Region.

The establishment of SEIC signifies a renewed focus on long-term economic planning that leverages regional strengths, fosters innovation, and encourages collaboration with the private sector.

During a brief ceremony held at the State House, President Tinubu handed over the Certificate of Incorporation for the SEIC to the South East Development Commission. The event was attended by the Honourable Minister of Regional Development, Engr. Abubakar Momoh, the Managing Director/CEO of the SEDC, Mr. Mark Okoye, and members of the Commission's Executive Management Team.

Me: Mr. President, continue to carry out every interventions you deemed necessary to induce enterprise and development across the nation. It does not matter what naysayers say, history will judge you rightly.

ottersberger:
It is too late.

Now that his support in the North has begun to wane, President Tinubu has suddenly turned his attention to those he previously chose to ignore. Go get your votes from the north, where you believed your support was secure.

Forkthiefnubu:
Tilimbu must go come rain come shine

sreamsense:
He must go in 2031, I support you. The serial loosers will still wail and build another bigger board for tribunal after failing as usual.

kunle4toyeyaho:
Even, if he had donated long life and prosperity to you,you will still not support him.
He ignored you but he elevated 3 Igbo men to supreme court when you had no representation after the demise of Justice Nweze,he ignored you but he ensured long awaited regional development commission became a reality under his watch,he ignored you he made sure one of the service chiefs is from southeast, he ignored you but one of the campuses of NCAT is sited in your region, the regional investment company as just been approved for your region,the on-going road construction in that region is massive. If these are not fairness,what are they?

Putindbutt:
When Buhari didn't do it, what did you do to him?, When GEJ didn't do it , what did you do to him?. If Tinubu didn't do it, what would you do to him?. Yet these are what makes you shout about being marginalized. Tinubu is not expecting much from you though, he's only doing what he's doing being the President.

aswani:
Sorry to say but this President Tinubu is too good a man, Walahi me I can bear a grudge o. I nor get joy for dat kain tin at all.

Looking at the last election results as he collected wotowoto from South East with the minimal votes, I go do my return match neat, very neat as a matter of fact.

Much as I love Ndigbo, aside the Obidients, I nor go gree dem escape am lai lai. By the time I finish giving dem wotowoto during my regime, next elections na my party go clear aligbo pas as Peter Obí do for 2023 sef.

sreamsense:
He must go in 2031, I support you. The serial loosers will still wail and build another bigger board for tribunal after failing as usual.

selleniza:
With this they will no longer cry of being marginalized right?

ottersberger:
It is too late.

Now that his support in the North has begun to wane, President Tinubu has suddenly turned his attention to those he previously chose to ignore. Go get your votes from the north, where you believed your support was secure.

kunle4toyeyaho:
Even, if he had donated long life and prosperity to you,you will still not support him.
He ignored you but he elevated 3 Igbo men to supreme court when you had no representation after the demise of Justice Nweze,he ignored you but he ensured long awaited regional development commission became a reality under his watch,he ignored you he made sure one of the service chiefs is from southeast, he ignored you but one of the campuses of NCAT is sited in your region, the regional investment company as just been approved for your region,the on-going road construction in that region is massive. If these are not fairness,what are they?

Forkthiefnubu:
Tilimbu must go come rain come shine

kunle4toyeyaho:
Even, if he had donated long life and prosperity to you,you will still not support him.
He ignored you but he elevated 3 Igbo men to supreme court when you had no representation after the demise of Justice Nweze,he ignored you but he ensured long awaited regional development commission became a reality under his watch,he ignored you he made sure one of the service chiefs is from southeast, he ignored you but one of the 8campuses of NCAT is sited in your region, the regional investment company as just been approved for your region,the on-going road construction in that region is massive. If these are not fairness,what are they?