The South East Governors, in conjunction with Ohanaeze Ndigbo, have agreed to set up a driving force for the development of Igbo land known as Alaigbo Stabilization Fund.
The Fund is intended to develop Igbo land to the status of Catalonia in Spain and Bavaria in Germany.
Chief Emeka Attamah, S. A. Media and Publicity to President General, Chief John Nnia Nwodo, said yesterday, in a statement, that towards the objective, a 50-man steering committee made up of experts and professionals in banking, finance and development economics drawn from the diaspora and all the South East states, have been set up to draft the basis of Alaigbo Stabilization Fund and its governance protocol.
Ohanaeze said in the statement issued from its headquarters in Enugu.
The Committee has as its Chairman a renowned economist and development expert and former Economic Adviser to President Obasanjo, Professor Osita Ogbu, while Anyim Ude, will serve as its Secretary.
Commenting on the Stabilization Fund, the President General of Ohanaeze Ndigbo, Chief John Nnia Nwodo, said that it would involve all Igbo sons and daughters at home and in the Diaspora, adding that any contribution by anybody would be an investment from which he will be receiving dividends
Chief Nwodo pointed out that the Fund would drive investment in the South East such that every Igbo investor or entrepreneur would want to take advantage of the incentives it would provide.
He added that members of the Committee were carefully chosen based on their individual learning, competence and exposure.
0
0
