Tag: Peter Mbah

  • South East Governors Propose Regional Common Market to Drive Growth

    South East Governors Propose Regional Common Market to Drive Growth

    Figures cited by Champion Newspapers show a renewed push for regional integration as Governor Peter Mbah of Enugu State called for the creation of a “South East Common Market.” During a developmental launch where Vice President Kashim Shettima unveiled the Vision 2050 blueprint for the region, Governor Mbah argued that reimagining the five states as a single economic bloc is essential for industrialization. The proposal aims to harmonize trade policies and infrastructure projects across the South East.

    The Vision 2050 blueprint is designed to leverage the region’s entrepreneurial strength while addressing long-standing infrastructure deficits. The Vice President highlighted the Federal Government’s commitment to supporting regional initiatives that align with national economic goals. This collaborative approach is expected to attract significant foreign direct investment (FDI) into the region’s manufacturing and technology sectors.

    The Sun and Leadership Newspaper have also reported on the Enugu summit. The Sun stated that “the governors have agreed to set up a technical committee to oversee the integration process.” Leadership Newspaper quoted a regional trade leader who said, “a unified market will eliminate the double taxation that currently plagues inter-state commerce in the East.”

    Echotitbits take:

    A South East Common Market could be a game-changer for Nigerian internal trade, mirroring the success of the EU on a smaller scale. If the states can successfully integrate their rail and power projects, the region could become the nation’s primary industrial hub. The biggest challenge remains the “sit-at-home” disruptions which must be permanently resolved to ensure the market’s viability.

    Source: DailyTrust – https://dailytrust.com/shettima-unveils-25-year-economic-blueprint-for-southeast/, February 5, 2026

    Photo credit: DailyTrust

  • Enugu sets N870bn IGR target for 2026 as agencies are told to ramp up collections

    Enugu sets N870bn IGR target for 2026 as agencies are told to ramp up collections

    In a report by ThisDay, Enugu Governor Peter Mbah set an N870 billion internally generated revenue target for 2026, urging MDAs to intensify revenue mobilisation amid global uncertainty.

    The target is positioned as a core funding pillar for the state’s programme, implying stronger compliance drives, more automation, and broader clarity on what qualifies as collectible revenue.

    The funding mix also points to the continuing role of FAAC allocations and capital receipts, but with IGR expected to carry a heavier share of budget ambition.

    If pursued aggressively, the tension will be balancing expansion of the tax net with maintaining a business-friendly environment that doesn’t choke SMEs and investment.

    The Guardian noted the governor’s funding mix includes “N870 billion IGR” alongside other streams, while The Sun also reported the same direction around the N870bn target tied to the 2026 budget framework.

    Echotitbits take: Enugu’s ambition is plausible only with digitised collections, fewer leakages, and clearer taxpayer services. Watch reforms in land administration, transport levies, and business licensing—the fastest IGR accelerators and the most abused if not controlled.

    Source: The Punch – https://punchng.com/mbah-urges-agencies-to-boost-revenue-meet-budget-target/ January 7, 2026
    The Punch  January 7, 2026

    Photo Credit: The Punch