The Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, has reaffirmed the agency’s commitment to supporting long-term economic transformation in the South East region.
Takang made this known while speaking at the South East Vision 2050 (SEV2050) Regional Stakeholder Forum held in Enugu State. The forum was convened by the South East Development Commission (SEDC) in collaboration with the Office of the Vice President, the Ministry of Regional Development, and South East state governments.
Building a Sustainable Investment Case
Addressing stakeholders, Takang described the forum as a strategic platform to articulate a sustainable investment framework for the region. Drawing from models implemented by MOFI, he outlined practical approaches to mobilising long-term capital and strengthening institutional credibility.
He shared the panel with Dr. Ike Chioke, a MOFI Board Member, and Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission Nigeria, among other distinguished participants.
Discussions focused on four critical pillars: establishing strong institutional systems and governance standards to build credible investment platforms; leveraging public asset structuring, credit enhancement tools, and sovereign-linked guarantees; implementing structural reforms to create bankable regional asset platforms; and designing investment vehicles capable of optimising diaspora capital for infrastructure development.
Aligning Regional and National Development Goals
Takang reiterated MOFI’s readiness to serve as a strategic partner in actualising the South East’s development blueprint, noting that structured collaboration between regional and national economic institutions is essential to unlocking sustainable growth.
He commended the Managing Director and Chief Executive Officer of SEDC, Mr. Mark Okoye II, for the successful organisation of the forum and for championing a long-term development pathway aligned with national priorities.
The event also featured the formal launch of the Vision 2050 Blueprint for the region by Vice President Kashim Shettima, who reaffirmed the Federal Government’s commitment to advancing regional development through coordinated and structured platforms.
Enugu State Governor Peter Ndubuisi Mbah hosted the forum, which drew attendance from other South East governors and key economic stakeholders.
The SEV2050 initiative is designed to provide a long-term strategic framework for economic growth, infrastructure expansion, and investment mobilisation across the South East, with a strong emphasis on governance standards, institutional reforms, and private sector participation.