Politics

South-East Dev Commission Launches 2050 Master Plan to Drive Regional Growth

 

The Federal Government, through the South East Development Commission (SEDC), has unveiled an ambitious Vision 2050 regional development framework aimed at accelerating economic, infrastructural and ecological transformation across the South-East zone.

The initiative was formally flagged off in Enugu with the South East Vision 2050 Stakeholders Forum, bringing together key actors to shape a long-term, sustainable development blueprint for the region.

SEDC, one of the regional intervention agencies created under the administration of President Bola Tinubu, said the master plan would provide strategic direction for coordinated growth over the next 25 years.

Speaking at the forum, the Managing Director and Chief Executive Officer of SEDC, Hon. Mike Okoye, described the engagement as a major step toward institutionalising structured regional development.

He said the commission had, since its establishment, engaged more than 250 federal agencies and worked closely with lawmakers to secure legislative backing and budgetary alignment for priority projects in the zone.

Okoye noted that the commission was set up to tackle long-standing ecological and infrastructural challenges traceable to the post-Civil War era, stressing that the Vision 2050 plan would focus on durable solutions and measurable outcomes.

He also underscored the commission’s commitment to inclusiveness, disclosing plans to ensure between 30 and 40 percent female participation in its programmes and consultations, while acknowledging the significant role women already play in the region’s economy.

According to him, the stakeholders’ forum will also feature media professionals to promote public awareness and transparency around the commission’s roadmap and planned interventions.

He explained that although the agency started with no physical structure, workforce or operational systems less than two years ago, it has now built a functional institutional base and is moving into the execution phase of visible projects, including road rehabilitation and ecological restoration.

“When we began, there was practically no institution on ground — no office, no staff, no infrastructure. What we have today is the result of pioneer efforts to build from scratch while planning for the future of the region,” Okoye said.

He expressed optimism that sustained collaboration among stakeholders and strategic implementation of the master plan would position the South-East as a competitive economic hub by 2050.

Olayinka Babatunde

Recent Posts

Putin Vows To Help End Middle East War In Talks With Iran’s Pezeshkian

Russian President Vladimir Putin has pledged to do everything within his power to help end…

2 hours ago

South Africa Withdraws Asylum Directive After Xenophobic Violence

The South African government has withdrawn a directive on processing asylum applications following xenophobic clashes…

2 hours ago

FG Targets 25,000 Free Cataract Surgeries By 2027

The Federal Government has announced plans to conduct 25,000 free cataract surgeries across Nigeria by…

2 hours ago

Parents Of 20 Abducted NYSC Members Allege Payment Of Millions In Ransom

Parents of the 20 prospective National Youth Service Corps (NYSC) members abducted in Imo State…

2 hours ago

INEC Begins Voter Register Display, PVC Distribution Ahead Of 2027 Elections

The Independent National Electoral Commission (INEC) has commenced the display of the preliminary register of…

3 hours ago

Atiku, Obidient Movement, Others Reject FG’s 30-Day Petrol Discount

Former Vice President Atiku Abubakar, the Obidient Movement, the Nigeria Democratic Congress (NDC) and the…

4 hours ago