Vice President Kashim Shettima has launched the South-East Vision 2050, a 25-year development blueprint designed to reposition the region as a key pillar of Nigeria’s economic future.
Speaking at the Regional Stakeholders’ Forum in Enugu, Shettima announced President Bola Tinubu’s approval of the South East Investment Company Limited, a special vehicle to mobilise funds from the diaspora, capital markets and development partners. He said the initiative marks a shift from short-term governance to deliberate, long-term planning.
Shettima explained that the new investment company will work closely with the South East Development Commission (SEDC) to close post-war infrastructure gaps, create jobs and boost regional competitiveness. He stressed that the project is outcome-driven, not another bureaucratic layer.
Enugu State Governor Peter Mbah called for the creation of a South East Common Market, urging the five states to operate as a unified economic bloc. Other governors, development partners and private sector leaders pledged support, describing Vision 2050 as a practical roadmap for sustainable growth, security, connectivity and industrial expansion in the region.
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