The South-East Development Commission (SEDC) says its new headquarters in Enugu will reduce administrative expenses and enable it to commit more funds to infrastructure and economic development across the region.
The commission's Managing Director, Mark Okoye, disclosed this during an inspection of the ongoing development of the four-storey headquarters, provided by the Enugu State Government.
He said bringing the commission's departments, management and staff under one roof would improve coordination, strategic planning and the execution of development projects.
Okoye explained that operating from a rent-free facility would eliminate rental and other real estate expenses, allowing more resources to be channelled into road construction and community-based interventions.
He added that the headquarters would strengthen cooperation among the five South-East states and provide a platform for attracting investors, entrepreneurs and members of the diaspora.
The managing director also highlighted the South-East Venture Capital Programme, launched in May 2026, as part of efforts to support young technology entrepreneurs, establish innovation hubs and address the migration of skilled youths to economic centres such as Lagos and Abuja.
He said the commission was also working towards establishing the South-East Investment Company to connect private-sector investors and diaspora funding with major development projects in the region.
Earlier, the Chairman of the House of Representatives Committee on SEDC, Chris Nkwonta, expressed satisfaction with the progress of work at the headquarters during the oversight visit.
Nkwonta described the facility as a critical institutional anchor for translating the historic Three Rs philosophy of Reconstruction, Rehabilitation and Reconciliation, introduced after the Nigerian Civil War, into practical development programmes.
He said the commission's mandate offered an opportunity to address the effects of the war, decades of neglect and infrastructure deficits across the region.
The lawmaker added that strategic interventions and inclusive economic programmes would help rebuild federal roads, public buildings and urban centres while stimulating economic growth.
The inspection was part of the committee's oversight responsibility to assess the commission's readiness to deliver on its mandate across the five South-East states.
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