The South East Development Commission, SEDC says the allocation of resources to states and local governments in the region will depend on their readiness to embark on high impact projects.
The Executive Director of Projects for the Commission (SEDC), Tobby Okechukwu made the clarification while speaking at the Economic and Development Summit organized by the Oji River Local Government at the council headquarters.
Okechukwu stated that the Commission is committed to fostering sustainable development, economic growth, and regional unity across the Southeast through strategic investment and empowerment initiatives that would position the region as preferred investment destination in Africa by 2030.
Okechukwu who noted the strategic location of Oji River which shares borders with Anambra and Abia states and close proximity with other major cities urged the local government to tap into the immense opportunities bestowed on it by its strategic location and natural endowments.
Speaking at the event, the Chief Executive Officer of the Enugu State Electricity Regulatory Commission, Chijioke Okonkwo, highlighted the need for supportive policies that would unlock the rich natural and infrastructure potentials in Oji River.
Okonkwo said the Commission will establish a robust regulatory framework that would encourage private investment, respect community ownership, and ensure affordable access to electricity for all.