S’East Governors, Ohanaeze Ndigbo Move to Drive Development in Igboland, to Set Up Alaigbo Stabilization Fund

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*Set up 50-man steering committee
Determined to ensure that all the states in the South East are developed, the South East Governors, in conjunction with Ohanaeze Ndigbo, have agreed to set up Alaigbo Stabilization Fund as a driving force.


The Fund is intended to develop Igbo land to the status of Catalonia in Spain and Bayern in Germany.

In a statement from the Special Adviser, Media and Publicity to President General, Chief Emeka Attamah, a 50-man steering committee made up of experts has been constituted to achieve this objective.

Members of the 50-man steering committee are professionals in banking, finance and development economics drawn from the diaspora and all the South East states.

The Committee is to draft the basis of Alaigbo Stabilization Fund and its governance protocol.

The Committee has as its Chairman a renowned economist and development expert and former Economic Adviser to President Obasanjo, Prof. Osita Ogbu, while Anyim Ude, will serve as its Secretary.

Other members of the Committee are : Mac Atasia, Ike Chioke, Patrick Okigbo, Nnanna Anyim Ude, Dr Nick Okoye and Dr Ndy Onukwuesi.
Others are Emeka Onwuka, Dave Nwachukwu, Chief Aloysius Ihezie, Dr Bernard Orbika, Ngozi Odumuko, Jerome Okolo, Emeka Ugwuoju and Reginald Ihebuzor.
Also in the Committee are Ben Nwawudu, Monye Chuka, Dr Sam Amadi, Dr Joe Abah, Ede Solomon, Barrister Nwachukwu, Prof. Ejiofor of WIC and Air Vice Marshall Obierika.

Also included are Prof. Epiphany Azinge, Prof. Viola Onwuliri, Charles Nwodo, Kalu Onuma, Solomon E. Adimora, Uzodinmma Okpara, Chief Tony Okeke, Okey Nwadinobi, Onyeka Onwenu, Mrs Ann Aligwe, Ebere Onwudiwe, Emma Onyilofor, AIG Dr (Mrs) Grace Okudo, Dr Chukwuma Agu and Prof.Joy Ezeilo.

Also on the list are Ambassador Alex Nwofe, Ben Ezenta, Ebere Enemchukwu, Max Osita Okonkwo, Dr Mrs Grace Uwazuike, Dr Ken C. Nwekpa and Dr Ferdinand Agu.

Commenting on the Stabilization Fund, the President General of Ohanaeze Ndigbo, Chief John Nnia Nwodo, said that it would involve all Igbo sons and daughters at home and the diaspora, adding that any contribution by anybody would be an investment from which he will be receiving dividends

Chief Nwodo said that the Fund would drive investment in the South East such that every Igbo investor or entrepreneur would want to take advantage of the incentives it would provide.
He said that members of the Committee were carefully chosen based on their individual learning, competence and exposure.



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