National Assembly Passes South-East Development Commission Bill

The Nigerian Senate, which recently reintroduced the South East Development Commission Bill, has debated, passed and submitted it to the House of Representatives for concurrence. SEDC passed its second reading at the House of Representatives Thursday.

The bill’s title: “A Bill for an Act to Establish the South-East Development Commission to Serve as a Catalyst to Develop the Commercial Potential of the South-East, Receive and Manage Funds from Allocation of the Federation for the Rehabilitation, Reconstruction, Reparation for Houses and Lost Business of Victims of the Civil War and Address any Other Environmental or Developmental Challenges, and for Related Matters (HB.1626)”.

The bill was killed by the House in June 2017 for reasons bordering on “timing”. It is similar to the Niger Delta Development Commission (NDDC) and the most recent North East Development Commission (NEDC) whose board President Muhammadu Buhari has just constituted. The federal government has also provided funds for the take-off of the NEDC.

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