The Southwest Development Commission (SWDC) has announced an ambitious regional growth plan aimed at unlocking new opportunities for infrastructure, enterprise, and industrialisation across the six states of the Southwest.
Speaking after the commission's inaugural board meeting in Ibadan, Managing Director Dr. Charles Akinola said the SWDC would pursue its statutory mandate of creating jobs, fostering industrialisation, and promoting human capital development. He described the initiative as a "landmark intervention" that aligns with President Bola Tinubu's Renewed Hope Agenda.
Central to the commission's strategy is the "One Bloc Development Agenda", a framework designed to harmonise projects across states and attract large-scale investments in agriculture, technology, and transportation.
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Dr. Akinola stressed that the approach will help position the Southwest as a competitive economic bloc, while also creating a business-friendly environment for SMEs. "Our duty is to catalyse investments that will make the Southwest a competitive economic bloc within a prosperous Nigeria," he said.
The SWDC has called on state governments, business leaders, and civil society to support its vision. Business analysts note that the plan could open opportunities for small businesses in agribusiness, logistics, renewable energy, and creative industries, while improving access to infrastructure and regional markets.
The commission's board is chaired by Senator Olubunmi Adetunmbi, with Dr. Charles Akinola as Managing Director and executive directors overseeing projects, finance, corporate services, and development initiatives. The SWDC headquarters is located in Ibadan, Oyo State.
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