Senate Demands Accountability from SEDC Over N153m Rent

The Nigerian Senate has initiated scrutiny of the South East Development Commission (SEDC) over its reported expenditure of N153 million for renting a one-room liaison office in Abuja. During a session, lawmakers challenged the commission's financial disclosures and demanded explanations for the N3.6 billion already spent from the N16.6 billion allocated to the agency in December 2025.

Orji Uzor Kalu, the chairman of the Senate committee, expressed dissatisfaction with the commission's financial report, labeling it completely unacceptable. Concerns were raised about a record N2.5 billion in expenditures, prompting requests for additional documentation to justify these expenses.

Mark Okoy, the managing director of SEDC, defended the agency's financial decisions, stating that resources are directed toward priority projects based on available funds. He warned that awarding contracts without corresponding funds could expose the commission to significant financial liabilities.

The Senate remains unconvinced and has demanded comprehensive records of contract awards and payments.