By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: IPOB Warns Against Mismanagement of ₦250bn South East Development Fund
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

IPOB Warns Against Mismanagement of ₦250bn South East Development Fund

Oluwadara Akingbohungbe
By
Oluwadara Akingbohungbe
Published: 2025/03/09
3 Min Read
Share
SHARE

The Indigenous People of Biafra (IPOB) has voiced concerns over the management of the ₦250 billion allocated to the newly established South East Development Commission (SEDC), stressing the need for accountability and transparency in the fund’s disbursement to ensure the region’s growth.

In a statement issued by IPOB’s Media and Publicity Secretary, Emma Powerful, the group urged political stakeholders involved in the commission’s operations to ensure the funds are used strictly for developmental projects in the South East. The SEDC, which is led by Dr. Emeka Nworgu as chairman and supervised by Senator Orji Uzor Kalu in his role as the Senate Committee Chairman on the Commission, is expected to spearhead infrastructural and economic transformation in the region.

IPOB emphasized that the money should be directed toward projects that will significantly enhance economic activities and improve the standard of living in the South East.

“If this information is true, we call on Senator Orji Uzor Kalu and those handling this money to ensure it is fully utilized for the development of Alaigbo,” IPOB stated.

- Advertisement -

The organization outlined critical areas where the funds should be allocated, including the construction of roads, the renovation of healthcare facilities, electricity generation, the establishment of free trade zones, the development of industrial parks, and programs aimed at empowering the youth.

IPOB stressed that projects should be equitably distributed across all states in the South East to prevent marginalization and ensure inclusive growth.

Additionally, the group cautioned against diverting the funds to non-essential expenditures, emphasizing that only projects with a direct and lasting impact on the region’s development should be prioritized.

IPOB called for transparency in all financial dealings related to the commission and insisted that key figures, including Senator Orji Uzor Kalu, Deputy Speaker of the House of Representatives Dr. Benjamin Kalu, and SEDC Chairman Dr. Emeka Nworgu, should be held accountable for the proper execution of the fund’s objectives.

“The success of the South East Development Commission will be measured by its ability to deliver meaningful projects that benefit the entire region,” IPOB stated.

The group reaffirmed its commitment to closely monitoring the commission’s activities to ensure that the allocated funds are effectively utilized.

As expectations rise regarding the implementation of the SEDC’s initiatives, many in the region will be watching closely to see how the funds are managed and whether they translate into tangible development.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:₦250 billion fundAccountabilityAlaigboDr. Emeka NworguEconomic GrowthEmma Powerfulequitable project distributionFree Trade Zoneshealthcare renovationindustrial parksinfrastructure developmentIPOBPower GenerationRoad ConstructionSEDCSenator Orji Uzor KaluSouth East Development CommissionSouth East Nigeria developmenttransparencyyouth empowerment
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article FG Approves Federal Takeover of Tai Solarin University of Education in Ogun State
Next Article Russia Intensifies Attacks on Ukraine, Launches 1,200 Aerial Bombs, 870 Drones, 80 Missiles

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

NERC Explains Which Electricity Meters Are Free Under Federal Rollout

By Oluwadara Akingbohungbe
5 Min Read
News

NiMet Forecasts Sunshine, Cloud Patches And Storm Chances Across Nigeria

By Oluwadara Akingbohungbe
3 Min Read
News

Mark Zuckerberg, Elon Musk Appear in Epstein Files Dinner Photo

By Adamu Abubakar Isa
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up