Vision 2050 South-East unveiled by Shettima in Enugu with new investment firm to boost infrastructure, jobs and regional competitiveness

Vice President Kashim Shettima launched Vision 2050 for the South-East on Wednesday, outlining a 25 year development blueprint designed to drive economic growth, infrastructure expansion and industrial competitiveness across the region.

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Kashim Shettima unveiled the plan at the South-East Vision 2050 Regional Stakeholders’ Forum in Enugu, describing it as a decisive move away from short term governance cycles towards structured, long range regional planning.

In a statement signed by his media aide, Stanley Nkwocha, Kashim Shettima also announced the establishment of the South East Investment Company Limited, approved by President Bola Tinubu, to mobilise funding from the diaspora, capital markets and development finance institutions.

Kashim Shettima said the investment company would work alongside the South-East Development Commission to close infrastructure gaps and strengthen regional competitiveness through targeted projects.

Kashim Shettima stressed that the South-East Development Commission was conceived as a delivery focused institution rather than a bureaucratic structure, with clear emphasis on jobs, productivity and measurable economic outcomes.

Governors Peter Mbah of Enugu State, Alex Otti of Abia State, Charles Soludo of Anambra State and Francis Nwifuru of Ebonyi State pledged support for Vision 2050 and highlighted development efforts underway in their states.

The forum attracted participation from diaspora groups, civil society organisations, private sector leaders, development partners and officials of the United Nations Development Programme.

Kashim Shettima acknowledged Umu Igbo Unite, a United States based network of young professionals, noting that collaboration between stakeholders at home and abroad would be essential for the plan’s success.

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