*Woos investors To Delta, Highlights $100m Derisk Fund
DELTA State Governor, Sheriff Oborevwori, on Friday evening, November 13, said the recognition of his contributions to society by Nigerians and various organisations, including Sun Newspapers, would continue to inspire him to raise the bar of excellence and sustain his commitment to service delivery.
Oborevwori stated this shortly after receiving the Sun Newspaper 2026 Governor of Year Award at the 24th award eremony of the Sun Publishing Limited, held at Eko Hotels and Suites in Lagos.
Represented by his Deputy, Monday Onyeme, the governor said the consistent recognition of his efforts through awards from different organisations was an indication that Nigerians appreciated the contributions being made to society, describing the recognition as a source of encouragement to do more.
He said the awards received over the years have continued to reinforce his determination to improve on previous achievements and remain relevant in making positive contributions to society.
He added that each award came with a greater responsibility to surpass previous accomplishments, saying the only way to sustain relevance and remain ahead was through continuous improvement and the pursuit of higher standards.
Oborevwori said the Sun Newspapers award would spur him to work harder for societal development, urging his supporters to sustain their support for his administration.
In his remarks, Clement Olu Okeowo, who chaired the ceremony, congratulated the recipients of the awards for their outstanding achievements and contributions to national development, urging them to regard the honours as call to greater service and higher responsibilities.
Okeowo said the recipients had earned the awards by distinguishing themselves in their respective fields through commitment, sacrifice, innovation and determination.
Also speaking, Founder of The Sun Newspaper, Orji Uzor Kalu, congratulated the recipients, describing them as nation builders.
Earlier, Chairman/Publisher of the Sun Publishing Limited, Neya Kalu, while also congratulating the awardees, said they had demonstrated that excellence was achievable through determination, hardwork and dedication, noting that their accomplishments reflected the positive contributions Nigerians could make to society.
The organisers said the award was in recognition of Oborevwori’s people-centred leadership, commitment to inclusive development and remarkable strides in infrastructure and human capital development.
They described the governor as one of the outstanding grassroots politicians from Delta State and the wider Niger Delta region.In a related development, has invited local and foreign investors to the state, highlighting its natural resources, industrial opportunities and $100million Viability Gap Funding committed to derisk investments in the state.
Oborevwori, who made the call at this year’s 6th African Sub-Sovereign Governments Network (AfSNET) Investment Conference in Calabar, Cross River State, said Delta had identified bankable projects across the industrial, maritime, energy and agricultural sectors, assuring investors of government’s commitment to creating an enabling business environment.
Represented by Chairman of the Delta State Investment Development Agency (DIDA), Lucky Oghene-Omoru, at the conference, holding from November 12 to 14, themed, ‘The Role of Sovereigns in Catalysing Development through Trade and Investments,’ the governor disclosed that the state had two economic free zones in Kwale and Koko, offering opportunities for gas-based industries and manufacturing.
Among the projects being pursued are a ceramics raw materials plant requiring £50million and a glass manufacturing facility estimated at between $50million and $200million, as well as another industrial project is estimated to require £19million.
He said preliminary studies had been completed, with the ceramics project progressing towards take-off and a leading German glass manufacturer expressing interest in the proposed glass factory.
On maritime development, he identified the proposed Burutu Seaport as a major investment opportunity, noting its strategic access to inland waterways linking Onitsha, Lokoja and other commercial centres.
He said the port secured a 40-year concession in 2023, with its second phase designed to accommodate a depth requirement of 41 metres.
The project, he added, had received the Federal Executive Council (FEC) and Infrastructure Concession Regulatory Commission approvals.
Other maritime assets include ports in Warri, Sapele and Koko, as well as several jetties with potential for shipbuilding and related businesses.
He, however, identified the silting of waterways as a major challenge, urging Afreximbank and other development finance institutions to invest in dredging to improve navigation and maritime commerce.
Oborevwori said Delta had an estimated population of 6.7million, a GDP of about $1.7billion and a 2026 budget of N1.72trillion, recalling that his administration committed $100million as initial Viability Gap Funding at the August 2026 Delta State Economic and Investment Summit to derisk investments of prospective investors.
He cited the acquisition of 100 hectares of land by multinational agribusiness company, Olam, for a proposed $70million agro-processing facility as evidence of growing investor confidence.
The governor also highlighted the state’s one-stop-shop investment arrangement and incentives aimed at simplifying business processes and reducing the cost of doing business.
On electricity, he said power plants in Sapele, Ughelli and Okpai had a combined installed generation capacity exceeding 3,500 megawatts, positioning the state as a major contributor to national power generation.

He stated that his administration was addressing transmission and distribution challenges through legal and administrative reforms, while encouraging private sector investment in electricity infrastructure.
He added that government was also exploring gas-based industries, including Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) projects.
The state was represented by the Chief Economic Adviser to the Governor, Barry Gbe; Director General of DIDA, Anthony Elekeokwuri; Special Adviser on Finance, Investment and International Development, George Orogun; and Executive Assistant to the Governor on Media, Nelson Egware.



