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Shettima Launches South-East Vision 2050, Unveils New Regional Investment Company

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By Yusuf Danjuma Yunusa

 

Vice President Kashim Shettima on Wednesday launched a 25-year development blueprint, Vision 2050, aimed at boosting economic growth in Nigeria’s South-East region.

Speaking at the South-East Vision 2050 Regional Stakeholders’ Forum in Enugu, Shettima said the initiative marked a shift from short-term governance cycles toward long-term, structured regional planning.

This was contained in a statement posted on X and signed by his media aide, Stanley Nkwocha.

He also announced the establishment of the South East Investment Company Limited, approved by President Bola Tinubu, to mobilise resources from the diaspora, capital markets, and development finance institutions for the region’s infrastructure and industrial development.

“This forum reflects foresight, responsibility, and a shared understanding that the future is not something we wait for, but something we must deliberately design.

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“In recognition of the distinctive character of the South-East, its entrepreneurial spirit, its global diaspora, and its long-standing relationship with international capital, President Bola Ahmed Tinubu approved the establishment of the South East Investment Company Limited,” Shettima said.

He added that the company would work alongside the South-East Development Commission to address infrastructure gaps and drive regional competitiveness.

Shettima stressed that the SEDC was conceived as a delivery-focused institution rather than a bureaucratic body, with the aim of creating jobs, boosting productivity, and generating tangible economic outcomes.

“Let me be clear. This is not another layer of bureaucracy. It is a delivery institution, focused on tangible outcomes that translate into jobs, productivity, and growth,” he stated.

Governors from the region, including Peter Mbah (Enugu), Alex Otti (Abia), Charles Soludo (Anambra), and Francis Nwifuru (Ebonyi), pledged their support for Vision 2050 and highlighted their respective states’ ongoing development initiatives.

The forum also drew representatives of the diaspora, civil society, private sector and development partners.

Shettima particularly acknowledged Umu Igbo Unite, a US-based network of over 10,000 young professionals, emphasising that regional development would require collaboration at home and abroad.

Officials of the United Nations Development Programme, federal ministries and corporate bodies were present to share insights on long-term regional planning, industrialisation, and infrastructure development.

Shettima concluded that sustainable regional growth required deliberate action, strong institutional coordination, and active engagement from all stakeholders.

The Vice President toured an exhibition gallery organised by the National Council for Arts and Culture, highlighting South-East cultural and economic potentials.

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ADC Crisis: Kwankwaso Seeks Intervention of Gombe Emir 

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By Yusuf Danjuma Yunusa

Senator Rabiu Kwankwaso, a chieftain of the African Democratic Congress (ADC), has accused Nafiu Bala, the party’s factional chairman, of acting against democratic principles.

In an interview with DCL Hausa on Tuesday, Kwankwaso revealed that he had invited Bala for a meeting aimed at resolving the party’s crisis amicably, but Bala failed to show up.

“We scheduled to meet yesterday, but despite waiting until morning, he did not come. I had been warned he wouldn’t show up, and his absence is deeply disappointing. I want to pass my message through you now, so that if you meet him, you can deliver it on my behalf,” Kwankwaso said.

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He added, “Given the current situation in our country, our party and our democracy cannot afford someone who behaves like the lizard at the mouth of the water pot—blocking progress. As a leader of this movement in Nigeria, I believed that when I invited him, he would honour the request so I could advise him, as a father would a son.”

Kwankwaso noted that Bala was born in 1990 and still needs guidance as a youth. “His current actions are not only harmful to his own future, but also to the ADC and Nigerian democracy as a whole.”

He further warned, “He must recognise that millions have registered with our party. What was once a small party has grown significantly because prominent leaders joined with a mission to do what is right for this country. If he continues to stand in the way of that progress, it will become a very serious problem for him.”

The senator also called on the Emir of Gombe, other traditional rulers, and Islamic scholars (Ulamas) to intervene in the dispute.

“This is a serious matter, and he must realise his mistakes so we can resolve it. I offer this advice freely because I know it is for everyone’s benefit,” Kwankwaso concluded.

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NCC to Enforce Subscriber Compensation for Poor Telecom Service

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By Yusuf Danjuma Yunusa

The Nigerian Communications Commission has announced that its directive mandating telecommunications operators to compensate subscribers for poor service quality will take effect from this month.

The Commission disclosed this in a Frequently Asked Questions document released on Tuesday, offering clarity on how the compensation framework will work and which subscribers qualify.

According to the NCC, the directive applies specifically to Mobile Network Operators that fail to meet the required Key Performance Indicators for Quality of Service. These operators include major players such as MTN Nigeria, Airtel Nigeria, Globacom, and 9mobile, although the Commission did not specify which of them fell short of the standards.

The NCC noted that a separate compensation framework already exists for Internet Service Providers.

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Under the new directive, compensation will cover service failures affecting voice calls, data services, and SMS. To qualify, subscribers must have experienced poor network service in an affected Local Government Area and must have carried out at least one revenue-generating activity—such as a billed call, SMS, or data session—within the period in question.

The Commission added that both individual and corporate subscribers are eligible for compensation.

Importantly, the NCC stated that subscribers will not need to apply to receive compensation. Instead, telecom operators are mandated to automatically identify affected customers and compensate them directly.

“The compensation framework will take effect from April 2026.

“No. The directive does not replace existing consumer protection mechanisms. It adds a direct compensation mechanism for affected subscribers. It aligns with measures set in existing legislation, such as the Consumer Code of Practice Regulations 2024 and the Quality of Service Regulations 2024,” NCC said

“Operators are required and mandated to identify affected subscribers and provide compensation directly. Only service failures that fall below the defined thresholds set by the Quality of Service Regulations will qualify,” NCC said.

However, the regulator clarified that minor or short-lived network disruptions that are quickly resolved may not meet the threshold for compensation.

The move is part of the NCC’s broader efforts to improve service delivery and hold telecom operators accountable for consistent network performance across the country.

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ADC Leadership Tussle Worsens as Third Faction Emerges, Rejects Nafiu Camp, Mark’s Coalition

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By Yusuf Danjuma Yunusa

A new faction within the African Democratic Congress has surfaced, rejecting the authority of the Senator David Mark-led coalition and distancing itself from Nafiu Bala’s faction.

According to Africa Independent Television, the faction led by Don Norman Obinna claims to represent the legitimate National Executive Committee of the party.

The group says it is stepping in to manage the party’s affairs ahead of the next national convention.

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At a briefing in Abuja on Tuesday, the group stated that “The tenure of Ralph Nwosu, who handed the party to the David Mark group, had ended in August 2022, and afterwards, he (Nwosu) had faced a series of litigations due to his failure to step down.”

The faction also clarified the status of Nafiu Bala, noting that he “never held the position of National Vice Chairman,” and affirmed that former ADC presidential candidate “Dumebi Kachikwu is still a member of ADC”

The group further disclosed that new interim leaders have been appointed to oversee party activities, ensuring continuity until the national convention is held.

The remarks come amid an ongoing leadership crisis within the ADC, which has seen rival factions contest control of the party. The Independent National Electoral Commission recently withdrew recognition of the party’s leadership under former Senate President David Mark.

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