Deputy Speaker of the House of Representatives, Benjamin Kalu, has revealed that the South East Development Commission (SEDC) is still awaiting the release of its operational funds, despite parliamentary approval.
Kalu disclosed the update while addressing concerns over the commission’s slow takeoff, noting that though money had been appropriated, bureaucratic processes were delaying disbursement.
The South East Development Commission was established to address the region’s infrastructure deficit, promote economic recovery, and support communities affected by years of neglect and insecurity.
Kalu reassured stakeholders that the release of funds was imminent, stressing that the Federal Government remained committed to ensuring the commission begins work in earnest.
He called for patience from residents of the South East, adding that once financial bottlenecks are cleared, the commission will embark on projects to drive growth and stability in the region.
The deputy speaker further highlighted the importance of transparency in managing the commission’s resources, assuring Nigerians that oversight mechanisms are being put in place to ensure accountability.
The SEDC Act was signed into law in 2024 after years of agitation by leaders and stakeholders from the region. It is expected to serve as a key driver for rebuilding infrastructure, boosting commerce, and creating jobs across the South East.
