President Bola Tinubu
By Abayomi Grace
The Federal Government has reiterated President Bola Tinubu’s commitment to fulfilling development promises in the South-East region. Minister of Information and National Orientation, Mohammed Idris, emphasized that the administration is dedicated to transforming the region through various initiatives.
The South-East Development Commission aims to build a $200 billion economy for the region by 2035, driving growth and development. The South-East Investment Corporation has a capital base of N150 billion to drive industrialization and inclusive growth.
The Eastern Port Infrastructure Upgrade has $508 million allocated for modernization and upgrade. The Calabar-Abuja Super Highway’s 118.85km Ebonyi section has been inaugurated. The Port Harcourt-Aba Railway Project is completed and operational. The Eastern Rail Line has $3 billion allocated for completion, expected to unlock N50 billion in annual trade.
A Cancer Centre of Excellence has been established at David Umahi Federal University of Health Sciences in Uburu, Ebonyi State. A world-class Oncology Centre has been commissioned at University of Nigeria Teaching Hospital in Nsukka.
The Bank of Industry has injected N200 billion into nano, micro, and small businesses, benefiting over 900,000 business owners. Plans are underway to drive down interest rates on business loans for manufacturing and small and medium-sized enterprises.
The Tinubu administration has assured citizens that these initiatives will continue and expand, emphasizing its commitment to transparency, accountability, and delivering dividends of democracy to all Nigerians. The government has also highlighted its focus on security, infrastructure development, and promoting food security.
