By Emmanuel Nzomiwu
Since assuming office on May 29, 2023, President Bola Ahmed Tinubu has prioritised regional development to bridge historical infrastructural gaps and foster balanced socio-economic growth across Nigeria’s geo-political zones. In this regard, the Tinubu administration established additional regional commissions, to tackle unique socio-economic challenges, reduce regional disparities and foster localized infrastructure.
The new commissions are the South East Development Commission (SEDC), dedicated to addressing infrastructural gaps, ecological and economic challenges of Southeastern Nigeria, and South West Development Commission (SWDC), created to handle infrastructure modernization and economic empowerment of Southwestern states. The North West Development Commission (NWDC) was established to tackle developmental needs, human capital emancipation and security challenges within the Northwestern states, and the North Central Development Commission (NCDC), to drive inclusive growth, agricultural advancement and socio-economic transformation in the middle-belt zone.
These new commissions were created by the Tinubu administration to complement the pre-existing regional commissions, the Niger Delta Development Commission (NDDC), focusing on infrastructural development and environmental remediation in the oil-rich Niger Delta and North East Development Commission (NEDC), concentrating on rehabilitating, restructuring and rebuilding areas ravaged by insurgency and humanitarian crisis in Northeastern Nigeria. The NEDC was created in June 2000 by the Olusegun Obasanjo administrion, while the Muhammadu Buhari administration established NEDC in 2017.
In October 2024, President Tinubu created the Federal Ministry of Regional Development (FMRD), saddled with the responsibility of overseeing the various regional development commissions, and thus, subsuming all of them under a single, unified national framework. To show the importance he attaches to regional development, the President appointed an engineer, Abubakar Momoh as the Honourable Minister of Regional Development and a lawyer, Uba Maigari Ahmadu as the Minister of State for the Ministry.
As a southeasterner, I felt quite elated listening to the Honourable Minister of Regional Development, Abubakar Momoh, on a number of occasions, endorsing the South East Development Commission (SEDC) as a model for operating regional development commissions in Nigeria. For instance, during the unveiling of the 10-year roadmap for the transformation of South-East in Abuja, Momoh, stated that the initiatives of SEDC align with the priority areas of the federal government’s Renewed Hope Agenda, which includes strengthening national security, boosting agriculture, diversification of the economy through industrialization and unlocking natural resources.
While describing SEDC as “one sure bullet that will shoot down all major development challenges in the South East region,” the Minister viewed its coordinated approach, strategic planning and partnerships as the blueprint for transforming other geo-political zones across Nigeria. He restated this at a strategic retreat for Nigeria’s seven regional commissions in Benin City, Edo State in April this year. The retreat was held to align the objectives of Nigeria’s regional development commissions, enforce strict performance benchmarks and end fragmented project planning.
Making remarks at the retreat, the Managing Director and Chief Executive Officer of SEDC, Mark Okoye, hinted that SEDC will prioritize its long-term vision over short-term wins. The vision of the commission, according to its roadmap, is “to reposition the South East as the preferred investment destination in Africa by 2035,” while its mission is “to drive sustainable development, economic growth and unity in South East through strategic investments and empowerment initiatives.”
The strategic objectives of the roadmap include, to collaborate with state governments, private sector and development partners, development finance institutions, among others, and to achieve a $200 billion economy by 2035, leveraging key growth sectors, such as agriculture, industrialization, creative economy and tourism. The objectives also include, to pursue transformative high-impact projects that catalyze regional development, including infrastructure, energy and technology hubs, and to enhance the ease of doing business by improving infrastructure providing regulatory support and access to finance, to make the region a preferred destination for investment.
The remaining objectives are to foster partnerships among South East states to harmonise policies, pool resources and advance shared goals of economic growth and development, and to build $1 billion asset base for the commission by undertaking key phase of project structuring from conceptualization to bankability. How far has the commission gone in this regard?
Beyond rhetoric, the commission has taken concrete steps towards the achievement of these objectives. For instance, last month (June) the commission entered into Memoranda of Understanding with two South East states-Enugu and Abia-under its South East Agro-Development Programme, aimed at reinventing Dr. M. I Okpara’s agricultural and agro-industrial footprints in the Eastern region.
The programme, coordinated by the Executive Director( Natural Resources, Agriculture and Rural Development), Dr. Cliff Ogbede, targets investment opportunities, massive job creation, food security and sustainable agro-industrial development. It would also have security impact on the states as a criminal hideouts are going to be transformed into hubs for useful economic activities.
Partners of SEDC in this regard include the National Agricultural Land Development Agency (NALDA), development finance institutions, like Bank of Agriculture (BOA), Bank of Industry (BOI) and Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NISRAL) PLC, a non-bank financial institution created by the Central Bank of Nigeria (CBN), to de-risk agricultural lending. The agro-development programme is just one of the numerous projects and programmes contained in the roadmap to transform South East.
Other programmes and projects are the South East Security Intervention Programme, the South East Regional Economic and Industrial Programme, the South-East Investment Company, projects preparation-feasibility studies, outlining business cases, geographical studies and detailed engineering designs, Renewed Hope Housing and New market Development, Renewed Hope Agenda Community Social Impact Programmes, $50 million South East Venture Capital Fund, and South East Youth Entrepreneurship and Empowerment Programmes, South East Grassroots Recreational Infrastructure Development (SEGRID) programme, Talent Development and Leadership, to mention but a few
Core partners of the SEDC in developing and implementing the roadmap include the United Nations Development Programme (UNDP), state governments, development finance institutions and private investors, and community and diaspora groups. The UNDP is the primary technical partner, providing critical assistance for drafting the region’s 10-year and 25-year strategic plans.
For the implementation of the programmes and projects, the commission actively enters into MOUs with the state governments. At inception, the South East governors advised the commission to view the entire region as a single economic bloc, rather than five separate states.
Thus far, the commission has operated in tandem with the advice of the governors. To augment SEDC’s 2026 N140 billion budgetary allocation, the governors of the five states of the region agreed to contribute N5 billion reach (totaling N25 billion).
As the investment vehicle of SEDC, the South East Investment Company (SEIC) acts as the funding and private sector-engagement arm of the commission. The commission partners with banks and private capital to finance infrastructure, energy and digital economy initiatives across the region.
Regarding partnership with community and diaspora groups, the commission frequently engages town hall leadership, local chambers of commerce and diaspora communities. These engagements are geared towards ensuring inclusivity in the implementation of the roadmap of the commission, in other to achieve its objectives.
In conclusion, I see the ministerial endorsement of SEDC model for regional commissions as another milestone for the South East region. Irrespective of recent attempts by detractors to smear the management with bogus allegations, I have no iota of doubt that the commission is on course. Lies and manipulations can cause temporary confusion or delay, but the truth will always prevail at the end of the day.
Nzomiwu, a public affairs commentator, wrote from Awka, Anambra State. Reactions are welcome via
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