SEDC Under Fire For Using N153m To Rent a one Room Office.

By Femi Anamelechi Drama unfolded at the Senate on Tuesday as lawmakers grilled the Managing Director of the South-East Development Commission (SEDC), Mark Okoye, over the commission’s claim that it spent N153 million to rent a one-room liaison office in Abuja. The Senate Committee on SEDC, chaired by Senator Orji Uzor Kalu, raised concerns over…

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FGN Aproves SOUTH EAST Investment Company (SEIC)

By Femi Anamelechi The Renewed Hope mantra of the APC Led President Bola Ahmed Tinubu is beginning to generate positive economic developments as the Federal has approved the establishment of the South-East Investment Company (SEIC). The landmark federal initiative kicked off with a projected capital base of over N150 billion aimed at accelerating industrialization, job…

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