Soludo Approves ₦200bn for Anambra Investment Corporation

On June 29, 2026, Anambra State Governor Charles Soludo approved a ₦200 billion capital base for the Anambra Development Investment Corporation (ADIC) during the fourth meeting of the Anambra State Executive Council held at the Government House in Awka. This decision aims to address widespread environmental degradation and support digital talent development in the state.

The state government will contribute 30% of the capital. The council also approved a series of strategic measures, including a public-private partnership to mobilize development funds.

As part of environmental action, a statewide desilting and waste evacuation exercise will commence, with movement restrictions in place during specific hours. The council emphasized the importance of enforcing compliance among businesses during this period.

Additionally, the ADIC will operate as a favorable platform for individual and corporate investors, and the government will launch the Anambra Talent Mastery Cohort 2 program to enhance the state's tech talent pool.