Oganihu Imo Group has hailed President Bola Tinubu’s approval for the establishment of the South-East Investment Company, calling it a “transformative step for Nigeria’s economic future.”
The development, the group said marks a significant milestone in the administration’s efforts to drive balanced regional development.
The group, in a statement issued on Monday by Ambassador Timothy Ihemadu, outlined the key benefits of the initiative to include: Infrastructure Development, Private Sector Growth, Job Creation and Economic Integration.
In specific terms, the group believes that Infrastructure Development will address critical gaps in the South-East region, while Private Sector Growth will encourage investment in key industries.
Additionally, Job Creation will generate sustainable employment opportunities for youth, just as Economic Integration will strengthen ties between regions for national unity, it said.
It noted that the investment company, structured as a public-private partnership (PPP), aligns with Oganihu Imo Group’s commitment to collaborative development.
The Group expressed enthusiasm for the initiative, viewing it as an opportunity for private sector stakeholders to contribute to Nigeria’s economic transformation.
“We commend the President’s visionary leadership and reaffirm our readiness to support this nation-building effort. This initiative reflects our shared belief in the power of partnership to drive progress,” said Oganihu Imo Group.
It also pledged to explore active participation in the project, emphasizing its potential to unlock long-term growth for the South-East and Nigeria at large.
Regarding the way forward, Oganihu Imo Group said it plans to engage with stakeholders to help shape the implementation of this landmark initiative.
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