Bills seeking to ascertain the South-East Development Commission (SEDC) and South-West Development Commission (SWDC) have scaled their first reading in the Nigerian Senate.
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The bills to form the SEDC and SWDC were sponspored by senator Stella Oduah (PDP, Anambra North) and senator Ibikunle Amosun severally.
It was more gathered that the SEDC bill that conjointly seeks the institution of a governing board for the commission that shall embrace one person from different geopolitical zones within the country, was glided by the Eight Senate however did not receive presidential assent.
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Clause 15 (2a) of each of the bills stipulates that the equivalent of 10 % of the whole monthly statutory allocation thanks to the member states of the commission shall be from the federation account.