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Igbo Community to Revisit Stabilisation Fund for Infrastructure Development

2024-05-08 01:37:49.378000

The National Executive Committee (NEC) of Ohanaeze Ndigbo plans to revisit the Alaigbo Stabilisation Fund in its upcoming meeting. Chief Emmanuel Iwuanyanwu, a member of the NEC, announced the decision. The fund was previously established to address the lack of infrastructure, youth unemployment, insecurity, and environmental degradation in the Igbo region. Two special purpose vehicles, Alaigbo Investment Company (AIC) and Ndigbo Development Foundation (NDF), were incorporated to raise funds for the development projects. The Sam Ohuabunwa-led Ohanaeze Ndigbo Council of Business Leaders will mobilize Igbo businessmen and women worldwide to contribute to the fund. The aim is to build critical infrastructure and enhance security in the region. The committee calls on all Igbo individuals to invest in the fund as a demonstration of their commitment to the development of their homeland. [70569959]

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