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Reps Vows Strict Oversight on N250bn South East Development Fund

March 10, 2025
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The House of Representatives Committee on the South East Development Commission (SEDC) has pledged to enforce strict oversight to ensure transparency and accountability in the utilization of the N250 billion allocated for the commission in the 2025 budget.

Committee Chairman, Rep. Chris Nkwonta, assured that the funds would be diligently monitored to address infrastructure needs in the Southeast region. His statement comes amid concerns from some quarters about the potential mismanagement of the allocation.

Last week, the committee approved N250 billion as the takeoff grant for the SEDC during its budget defense session at the National Assembly. Nkwonta, who represents Ukwa East and West Federal Constituency of Abia State, emphasized that his committee holds equal oversight authority as the Senate to scrutinize and guide the commission’s activities.

“We will ensure the agency’s programs and projects are implemented effectively and efficiently,” he said.

He further highlighted the importance of collaboration, stating that the committee would work closely with regional stakeholders, including state governments, traditional leaders, and community groups, to align development efforts with the needs of the region.

Reaffirming the Committee’s commitment to shaping the future of the South East, Nkwonta assured that the funds would be channeled toward fostering development, economic growth, and prosperity in the region.

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