Nigeria, May 24 -- The South East Development Commission (SEDC) said it is targeting a $1 billion asset base through its South East Investment Company (SEIC) by 2035 and a $50 million South East Venture Capital Program to fuel start-ups and inclusive innovation.

This ambitious plan, according to the commission, aims to drive economic development and unlock the full potential of the region.

The commission stated this in a statement issued on Friday to mark the 100 days of its Managing Director and Chief Executive Officer, Mark Okoye, in office.

The statemenr noted that since its inception, the commission has moved swiftly to establish a coherent strategic direction, define programmatic focus, and build a functional administrative backbo...