The Federal Government has tasked the North East Development Commission (NEDC) with prioritizing investment-driven initiatives and ensuring timely project delivery to accelerate national development.
Minister of Regional Development, Engr. Abubakar Momoh, made the call during an interactive session with the commission's management in Abuja. He stressed that idle funds risk depreciation and urged NEDC to consider establishing an investment corporation.
"Don't leave money idle. Invest it to retain or grow its value," Momoh advised, citing procurement delays and rising costs as major challenges.
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He further urged the commission to focus on realistic, high-impact projects that can be completed within a clear timeframe, aligning with the administration's eight priority areas.
NEDC MD, Mohammed Alkali, assured that the commission is working according to its master plan, while Chairman Paul Tarfa reaffirmed commitment to the Renewed Hope Agenda.
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