…warns against abandoning project, demands accountability, transparency in execution
The Forum of South-East Academic Doctors (FOSAD) has applauded the launch of the South-East Vision 2050 economic development blueprint by the Federal Government, stressing however that it must not be abandoned.
FOSAD commended the Federal Government for recognising the South-East as a critical pillar of Nigeria’s economic future and for articulating a long-term, structured development framework that looks beyond short-term political cycles.
The Forum stated this in a statement on Thursday jointly signed by its President, Dr. Stephen Nwala and Secretary General, Dr. Uzor Ngoladi.
FOSAD however warned against abandoning the programme, demanding accountability and transparency in its execution.
The full text of FOSAD’s statement reads as follows:
“The Forum of South-East Academic Doctors (FOSAD) welcomes the launch of the South-East Vision 2050 economic development blueprint by the Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima, GCFR. We commend the Federal Government for recognising the South-East as a critical pillar of Nigeria’s economic future and for articulating a long-term, structured development framework that looks beyond short-term political cycles.
“The Vision 2050 blueprint, alongside the establishment of the South-East Development Commission (SEDC) and the proposed South East Investment Company Limited, represents a historic opportunity to address longstanding infrastructural deficits, unlock regional productivity, and reposition the South-East as a competitive economic bloc within Nigeria and the global economy.
“However, FOSAD considers it necessary to issue this timely appeal and caution: South-East Vision 2050 must not be dead on arrival.
“We call on the governors of the South-East states, the leadership of the South-East Development Commission (SEDC), relevant federal institutions, and all stakeholders involved in the implementation of this blueprint to ensure that the vision does not become another well-written document abandoned to the archives of failed development plans.
“At this critical juncture in the region’s history, accountability must be the watchword.
For decades, southeasterners have endured the consequences of abandoned projects, policy discontinuity, weak institutions, and the misappropriation or diversion of public resources. These failures have severely eroded public trust and confidence in leadership at all levels. Vision 2050 arrives at a time when the people of the South-East are yearning not for lofty promises, but for credible governance, transparent institutions, and measurable outcomes.
“FOSAD therefore strongly urges that:
• Funds earmarked for the implementation of South-East Vision 2050 must be strictly protected from misappropriation, political patronage, and diversion.
• Clear governance frameworks, transparent procurement processes, and robust monitoring and evaluation mechanisms must be established from the outset.
• The SEDC must function as a delivery-focused institution, not as an extension of bureaucratic inefficiency or political accommodation.
• Periodic public reporting on projects, budgets, milestones, and outcomes should be institutionalized to allow citizens to track progress.
• Independent professionals, academics, development experts, and civil society organizations should be meaningfully involved in planning, execution, and oversight.
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” We emphasize that Vision 2050 can only succeed if it is insulated from the culture of impunity that has undermined previous regional and national initiatives. Development resources are not private entitlements; they are public trusts meant to improve lives, create jobs, restore infrastructure, and secure the future of coming generations.
“The South-East has immense human capital, a globally connected diaspora, an entrepreneurial culture, and abundant natural and industrial potential. What has been lacking is not vision, but credible execution anchored on integrity and responsibility.
“FOSAD is ready to contribute its intellectual, research, and policy expertise to support evidence-based implementation of the South-East Vision 2050. As a body of academics and professionals committed to the region’s progress, we will also continue to speak out, engage constructively, and hold leaders accountable where necessary.
“We remind all stakeholders that history will not judge the South-East Vision 2050 by its launch ceremony, but by its outcomes. The people of the South-East deserve a future that works not another promise betrayed.”
Signed,
Dr. Stephen Nwala
President
Forum of South-East Academic Doctors (FOSAD)
Dr. Uzor Ngoladi
Secretary General
Forum of South-East Academic Doctors (FOSAD)
