Ondopress
President Bola Ahmed Tinubu has approved the creation of the South-East Investment Company (SEIC), a major economic initiative under the South East Development Commission (SEDC), aimed at accelerating industrial development across the region.
The SEIC will operate independently, with private-sector leadership, to attract long-term funding and drive transformative projects. Inspired by the legacy of the Eastern Nigeria Development Corporation, the initiative marks a renewed focus on regional economic planning and innovation.
At a brief ceremony in the State House, Tinubu presented the Certificate of Incorporation to SEDC officials, including Minister of Regional Development Engr. Abubakar Momoh and SEDC MD/CEO Mr. Mark Okoye.