By Anne Azuka
Vice President Kashim Shettima has commended Delta State Governor Sheriff Oborevwori’s efforts to attract investment, describing Delta as one of Nigeria’s most promising destinations for local and international investors.
Speaking on Monday at the Delta State Economic and Investment Summit 2026 in Asaba, Shettima said the governor’s investment strategy aligns with the Federal Government’s economic reforms aimed at improving the business environment and driving sustainable growth. He said healthy competition among states to attract investment should be encouraged, as it promotes economic growth, job creation and improved living standards.
According to the Vice President, recent fiscal and monetary reforms have strengthened Nigeria’s macroeconomic environment, providing a stronger foundation for private sector investment. Shettima urged the Delta State Government to continue leveraging its natural resources, industrial potential and strategic location to attract businesses in agriculture, manufacturing, logistics, the blue economy, and oil and gas.
Earlier, Governor Oborevwori announced a $100 million (about ₦133 billion) Investment Support Fund, described as a Viability Gap Fund, to reduce investment risks and encourage local and foreign investment. He said the initiative would help convert investment commitments into projects that create jobs and stimulate economic growth.The governor also highlighted incentives including tax and levy waivers for eligible businesses, improved security and the state’s Ease of Doing Business Council.
Also speaking, Anambra State Governor Charles Soludo said Nigeria’s macroeconomic environment had become more stable and called for stronger economic collaboration between Delta and Anambra states. He urged governments to make investment promotion a continuous process.
