Senate panel queries SEDC over inability to account for over N4bn
Nigeria, June 10 -- The Senate Committee on the South East Development Commission (SEDC) on Tuesday queried the management of the commission over its inability to account for more than N4 billion spent from its 2025 budget.
The committee issued the query when the Managing Director of the SEDC, Mark Okoye, appeared before the committee.
Mr Okoye appeared alongside Sylvester Okonkwo, a former chief of staff to the Senate President, Godswill Akpabio, to defend the commission's expenditure for the year.
According to appropriation records, the SEDC received N16.6 billion for its operations in 2025.
The committee chairman, Orji Kalu, questioned the commission's contribution to the development of the South-east and demanded details of how it...
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