Senate Grills SEDC Boss Over N16.6bn ‘Inappropriate’ Spending

Converseer | 10-06-2026 08:07pm |

The Senate Committee on the South East Development Commission (SEDC) conducted a rigorous inquiry on Tuesday into the management of N16.6 billion allocated to the agency from the 2025 budget. Mr. Mark Okoye, the Managing Director of SEDC, faced pointed questions regarding what the committee termed "inappropriate" spending of the funds. Chaired by Senator Orji Uzor Kalu, the committee expressed significant dissatisfaction with the commission's financial oversight and accountability measures. The session highlighted concerns over transparency and the effective use of resources intended for regional development.

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