Nigeria, March 6 -- The House of Representatives Committee on the South East Development Commission (SEDC) has approved the commission's proposed N140 billion budget for the 2026 fiscal year.

The approval followed a presentation by SEDC Managing Director and Chief Executive Officer, Mark Okoye, during a budget defence session held by the committee on Thursday.

The SEDC, established to drive economic growth, infrastructure development, and industrialisation across Nigeria's five South-East states, aims to coordinate regional development projects and attract both public and private investments to enhance the region's socio-economic profile.

Mr Okoye used the session to unveil the commission's long-term plan to grow the South-East economy...