South South Gets a Financial Power Up: House Moves to Supercharge SSDC Funding

By Tunde Okoro | Najia Pulse

The House of Representatives just dropped a major move for the South South region. On Wednesday, lawmakers kicked off the process to massively expand the funding base of the South South Development Commission (SSDC). We are talking about fresh cash injections from Value Added Tax, the Ecological Fund, and even contributions from extractive and agricultural processing companies. This is not just a tweak, this is a full financial upgrade.

The public hearing, hosted by the House Committee on the South South Development Commission, focused on a bill to amend the SSDC (Establishment) Act, 2025. Speaker Tajudeen Abbas made it clear: the goal is to