2026 : South East Govs add N25bn to SEDC’s N140bn budget – Senate

Date:

By Haruna Salami and Musa Baba Adamu

The Governors of the South East states have agreed to contribute N5billion each to N140billion allocated to South East Development Commission ( SEDC) for the 2026 fiscal year.
Chairman of Senate Committee on the Commission , Senator Orji Uzor Kalu ( Abia North) , made the disclosure yesterday during submission of report on the commission’s 2026 budget to the Senate Committee on Appropriations.
Budgetary augmentation for the commission by the South East Governors according to Senator Kalu , was arrived at , for impactful development – driven projects execution in 2026 across the five states .
“ The Commission received hardly any funding in 2025 fiscal year. Consequently, several projects and strategic initiatives were suspended and remain pending.
“The 2026 proposal is therefore for both fresh appropriation and necessary intervention to re-activate stale projects and restore developmental momentum across the region.
“ In view of this, as chairman of the committee, one who has had deliberation with the governors and major stakeholders in the Southeast region, respectfully requesting that the committee consider an additional N5 billion allocation to each of the states, amounting to N25 billion to augment the N140 billion.
“ This additional provision will enable SEDC to accelerate the development of the
Region in health and educational sectors, in line with the Federal Government Renewed Hope Agenda”, he said.
In his remarks , Senator Tahir Monguno who stood in for chairman of the Appropriations committee , Senator Solomon Adeola , to receive the report, lauded the initiative and wished that Governors in other zones, emulate their South East counterparts.

READ MORE  Orette joins NDC, decries undemocratic practices in APC

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

The Future of the Naira: What CBN reforms mean for Nigeria’s currency

By Mariam Abeeb   The Nigerian naira has been at the...

Kwaita community steps into new sanitation era with gender-friendly toilet facility

By Stanley Onyekwere   In a major stride toward ending...

2026 Eid-el-Maulud: Wike urges residents to embrace peace, unity, dialogue

By Stanley Onyekwere   As Muslim faithful across the country...

How I Was Once Mocked for Calling My Wife by Her First Name

By Bagudu Mohammed   The national conversation that flared after Tony...