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    Kapital FM 92.9 The Station that Rocks!

Over N16.6bn Spending

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Senate Queries SEDC Over N16.6bn Spending, Demands Financial Records

The Senate Committee on the South East Development Commission (SEDC), has questioned the Managing Director of the Commission, Mark Okoye, over alleged mismanagement of the N16.6 billion received from the 2025 budget allocations. The committee, chaired by Senator Orji Uzor Kalu (Abia North), expressed concern that over N153 million was reportedly spent on renting a one-room liaison office in Abuja, as well as N2.5 billion listed as implied expenditure. The […]

todayJune 10, 2026