Envision a Southeast Region unique in its bustling markets, lush agricultural landscapes, state-of-the-art industrial hubs, and vibrant entrepreneurial ventures. When strategically and proactively harnessed through establishing the Southeast Development Commission (SEDC), this distinctiveness can transform into a reality. The formation of the SEDC is not just the birth of another governmental body but a historic moment of potential—a catalyst ready to redefine the region’s economic future. As Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, aptly put it, ‘A strategic and inclusive economic approach is essential for regional development to truly benefit all citizens.’ Now more than ever, the Southeast region stands at the crossroads of opportunity, with the SEDC holding the key to unlocking its vast and unique potential.
The SEDC’s mission is not just a goal but a crucial and urgent task. The commission must act as a catalyst and facilitator for regional development. To maximise its potential, the commission must first learn from the experiences of previous development commissions—examining where they succeeded and where they fell short and understanding the reasons behind both outcomes. The success of the SEDC will hinge on the strategic decisions made by the new board and the foundational structures established today, underscoring the weight of responsibility and the potential for positive change.
The SEDC is not just a commission but a beacon of hope for the region’s development. It should be an enabler of development, providing the necessary infrastructure, systems, and conditions for the region to thrive. Partnering with state governors and other existing regional structures will be crucial for maximising impact and fostering a unified approach to development.
Spanning over 30,000 square kilometres, the Southeast region boasts abundant natural resources, an aggregate GDP of approximately $33 billion, and a population exceeding 22 million people. This vibrant territory holds significant growth potential across agriculture, commerce, tourism, the creative economy, services, and manufacturing. Yet, despite these strengths, the region faces persistent challenges – rising insecurity, ecological degradation, deteriorating road networks, moribund rail lines, and the absence of functional international cargo airports and inland ports – all of which constrain trade and undermine business competitiveness.
Against this backdrop, state governments in the region have launched initiatives that lay the groundwork for transforming the business landscape and form the basis upon which the SEDC will serve as the essential linkage between public aspirations and private ingenuity.
It is in this dynamic environment of state-led reforms that the mandate of the SEDC becomes truly transformative – bridging gaps across state boundaries, facilitating the flow of investment and expertise, and building a resilient ecosystem where public initiatives and private enterprise reinforce one another.
To achieve this, it must prioritise building essential infrastructure, streamlining governance, and creating conditions conducive to sustained economic activity. The commission’s work cannot be delayed; it must be done in close collaboration with state governors, local governments, private sector players, and other regional stakeholders to unify regional development efforts and ensure maximum impact.
The SEDC must focus on areas where the region holds a comparative advantage. The Southeast has long been known for its vibrant trade activities, but the nature of trade has evolved significantly in recent years. With logistics playing an increasingly central role in trade, it’s crucial for the SEDC to address existing infrastructure gaps. This presents a key area of focus for the commission.
Several strategic sectors present clear opportunities for the SEDC to accelerate regional growth significantly. The commission can leverage the Southeast’s inherent strengths and drive meaningful progress by focusing keenly on these areas.
Trade facilitation is a key priority, given the region’s longstanding reputation for commercial vibrancy. Markets like Ariaria International Market in Aba and Onitsha Main Market in Anambra State have demonstrated impressive resilience and commercial vitality, with annual trading volumes collectively exceeding billions of dollars. By introducing modern digital trading systems, centralised logistics hubs with advanced technology, and significantly upgrading road networks and storage facilities, the SEDC can drastically reduce transaction costs, increase efficiency, and position the Southeast as a premier trade destination in West Africa. Additionally, promoting regional trade fairs and international expos will further showcase local products and enhance market reach.
Furthermore, the SEDC should implement standardised quality control measures and certification programmes for local goods to maximise trade opportunities. Establishing specialised training centres focused on logistics management and international trade regulations will empower local businesses to compete effectively in global markets. These initiatives will collectively enhance the region’s commercial ecosystem, stimulate economic activity, and attract significant foreign investment.
The agricultural sector offers another compelling area of focus. The fertile soils and favourable climatic conditions of the Southeast provide an ideal foundation for boosting agricultural productivity. The region can replicate successful models in nations like Israel and Vietnam, where modern irrigation techniques, strategic crop diversification, and agro-processing industries have significantly increased yield and economic prosperity. Strategic interventions like creating agricultural hubs and processing zones around Enugu and Ebonyi and introducing value-chain improvements will considerably enhance food security and increase farmers’ income.
Additionally, investment in agricultural technology, research, and training will modernise traditional farming practices and introduce efficient, sustainable methods. Collaboration with international agricultural bodies and partnerships with private sector firms specialising in agribusiness can accelerate development, bringing cutting-edge innovation and enhancing productivity across the agricultural value chain.
Industrialisation is a critical pillar for sustainable economic growth. The success story of Nnewi, widely known as Nigeria’s automotive hub, exemplifies how industrial clusters can transform local economies. To replicate such success on a broader scale, the SEDC should designate industrial parks in areas such as Owerri, Umuahia, and Enugu, complete with modern infrastructure, reliable electricity, streamlined regulatory procedures, and fiscal incentives. This focused approach will attract local and international industries, foster technology transfer, and significantly boost employment opportunities.
Moreover, the SEDC should prioritise partnerships with technical institutions and universities to develop specialised industrial training programmes, producing a skilled workforce tailored to the specific needs of targeted industries. Initiatives such as public-private partnerships (PPP) will facilitate rapid industrial growth, driving regional prosperity and sustainable economic diversification.
Energy sufficiency is not just necessary but a cornerstone for industrial growth and attracting investment. The persistent power shortages have severely hindered economic activities nationwide. To address this, the SEDC must aggressively develop renewable energy sources like solar power plants in Ebonyi and hydroelectric projects leveraging rivers such as the Imo and Anambra. Countries like Morocco, which has significantly boosted their renewable energy capabilities, serve as a model for effective energy policy. A reliable energy supply will spur industrialisation, reduce production costs, and increase investor confidence, attracting more investment into the region.
In parallel, investing in energy infrastructure upgrades and encouraging private sector participation through favourable policies and incentives will expedite the transition towards energy sufficiency. Establishing decentralised mini-grids and promoting energy-efficient practices among industries and communities will further enhance energy sustainability in the region.
The absence of functional seaports has notably constrained the South East’s trading capacity. Establishing fully integrated seaports, particularly around the coastline areas of Abia and Anambra states, complemented by export processing zones, would significantly enhance the region’s trading efficiency. Integrating these ports with comprehensive logistics networks, as successfully implemented in ports like Tema in Ghana, would streamline the movement of goods, reduce logistical costs, and elevate the region’s global competitiveness.
Furthermore, enhancing port-related infrastructure such as customs clearance facilities, storage terminals, and intermodal transport connectivity will significantly expedite trade processes. Strategic alliances with global port operators and logistics companies will improve port efficiency and international competitiveness.
Improving regional connectivity through rail infrastructure is paramount for sustained economic growth. Rail networks similar to the Lagos-Ibadan railway project could significantly reduce transportation costs and facilitate efficient movement of people and goods across major commercial hubs like Enugu, Aba, and Onitsha. Improved rail connectivity fosters regional integration, opens new markets, and stimulates broader economic activities.
Moreover, expanding rail infrastructure to integrate smaller towns and agricultural zones will facilitate rural development, enhance market access for farmers, and stimulate regional economic integration. Strategic planning for seamless intermodal connectivity will ensure that rail infrastructure complements and strengthens the regional transport network.
The success of the Southeast Development Commission hinges on its ability to focus on key sectors where the region has natural advantages, address existing infrastructural deficits, and provide a conducive environment for industrialisation, trade, and investment. With a strategic, well-structured approach, the SEDC can unlock the full potential of the Southeast region, driving sustainable growth and development for the benefit of its people.
Ultimately, the SEDC symbolises a transformative vision for the Southeast. The commission can ignite an economic renaissance by strategically harnessing its abundant resources, fostering collaboration, and prioritising inclusive and sustainable development. This renaissance has the potential to establish the Southeast as a benchmark for prosperity across Nigeria and Africa, inspiring and motivating all involved in this ambitious endeavour.
Nzekwu PhD is former Chairman, Anambra Internal Revenue Service (AIRS)
