Enugu: The Ohanaeze Ndigbo Worldwide has commended President Bola Tinubu for approving the Southeast Investment Company (SEIC), a subsidiary of the recently constituted Southeast Development Commission (SEDC).
The group also commended the Southeast National Assembly members who initiated the process leading to the approval.
Ezechi Chukwu, the National Publicity Secretary of Ohanaeze Ndigbo Worldwide, made the commendation in a statement made available on Monday in Enugu.
Tinubu had granted executive approval for the establishment of SEIC in July.
Chukwu said SEIC was aimed at driving regional industrialisation, mobilising private capital, promoting regional competitiveness, and enhancing industrialisation in the Southeast.
He quoted the President-General of Ohanaeze Ndigbo Worldwide, Sen. Azuta Mbata, who commended President Tinubu for the noble initiative.
According to him, Mbata said he does not doubt that apart from its financial generation potentials, the initiative would serve as a viable stimulant for sustainable economic ventures in the zone.
He further emphasised that the private sector’s involvement in the company would be a value-added contribution to the undertaking, urging professionalism, transparency, and accountability as key to the venture’s overall success.
Meanwhile, Ohanaeze has condemned the exclusion of Southeast and South-South from the reconstitution of the Chairmen and Directors-General of key strategic federal institutions by the Tinubu administration.
It listed the institutions, including the Bank of Industry and other national agencies, noting that these crucial institutions constituted the frontline drivers of national reforms and the country’s economic reinvigoration.
He said that they deserved inclusivity in Nigeria’s service and progress.
According to him, it is disheartening that such discriminatory appointments and lopsided considerations are reflective of a gross compromise of national equity and the principles of Federal Character as enshrined in the constitution.
“Ohanaeze Ndigbo therefore urges Mr President to find a way to address this still-redeemable imbalance for the sake of inclusivity, fairness, and justice,” Chukwu said.
