Established in 2007 with the objective of administering and managing the 13% derivation from the Federation Accounts Allocation Committee (FAAC) allotted to the Oil Producing Communities in Imo State. The Imo State Oil Producing Area Development Commission (ISOPADEC) has barely served up to 30% of her original obligations due to the mismanagement and misappropriation of funds it had suffered so far.
In the past, ISOPADEC had been operated as a private organization with the sole aim of diverting the funds for the gains of a few greedy authorities. This stands against the establishing objective of bringing development to the Oil Producing Communities through infrastructural construction and rehabilitation, empowerment and other support initiatives.
However, upon the resumption of office, His Excellency the Distinguished Senator Hope Uzodimma made it clear on his intentions to reform the ISOPADEC for full compliance to the establishing laws. The reconstituted of the management by Governor Hope Uzodimma came with a mandate that ISOPADEC funds must be tied to projects for the communities not for distribution to any group of persons, which had been the norm in the past.
With 14 Healthcare Centers completed, 24 new School blocks, three Mother & Child Hospitals and about 12km road construction projects ongoing across the three Local Governments of Oguta, Oru East and Ohaji Egbema, the 3R Government of His Excellency, Governor Hope Uzodimma has completely reformed the Imo State Oil Producing Areas Development Commission (ISOPADEC) for optimum performance in delivering developmental projects to the Oil Producing Communities.
Gone are the days when a few people in the Oil Producing Areas were enriched with ISOPADEC funds meant for the development of the Community thereby subjecting the community to hardship and underdevelopment. Under the 3R administration and current managment of ISOPADEC, legacy projects are springing up in different parts of the Oil Producing Area.