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A non-partisan advocacy organisation which has identified itself as Peace in South East Project (PISE-P), has declared that the report by SBM Intelligence that the region loses up to N13 billion a day whenever people stage a protest is not sustainable.
The group claimed that when it came to power, its clear goal was to usher in the age of democracy dividends and reestablish the South East’s legitimate place in the national political arena.
It described the South East as a hub for entrepreneurial activities, as the majority of the people are into various forms of nano, micro, small, medium, and large-scale businesses.
At a meeting which was held yesterday the group said they are determined to attain this objective through a non-kinetic approach built on the Seven Pillars for Sustainable Development.
Project Coordinator, Ogbonna Ukuku said, ‘The key to our success lies in our commitment to our objectives. These objectives encompass a range of transformative actions, such as reorienting citizens towards national unity, identifying the root causes of conflicts, and developing effective strategies for their management.’
On his part, Sam Hart explained that PISE-P was launched after a report of the SBM Intelligence, which said the region loses up to N13 billion a day whenever people stage a protest in the region.
‘A recent study by SBM Intelligence for DevEast Foundation Ltd./Gte, a not-for-profit policy and business advocacy organisation, estimates that in the transportation sector, the South East loses about N10 billion – N13 billion every protest day, and traders also lose between N5.4 billion-N31 billion daily.
‘The South East region, once considered a hub for entrepreneurial activities, is grappling with a myriad of socio-economic issues, including rising unemployment, inflation, and security threats.
‘The impact of separatist agitations has led to economic downturns, hindering the region’s potential for growth. PISE-P recognises the urgent need to address these challenges, restore peace and unlock the untapped potential within the region.’
The Director of Media, Mary Ikoku, acknowledged the dedicated individuals involved in the formation of PISE-P. She said, ‘The coming together of this group of passionate individuals showcases a genuine interest in revitalising the social, political, and economic growth of our region. I must particularly commend the Deputy Speaker of the 10th House of Representatives, Rt. Hon. Benjamin Kalu, for his overwhelming support and the pivotal role he plays in the organization.’
Ikoku emphasised that the task of rebuilding the South East lies not only with political, religious and traditional leaders but with every individual. She called on all stakeholders to join hands in repositioning the region for progress and development.