VICE President Kashim Shettima, on Monday, August 3, has described Delta State as a first-order investment destination, noting that beyond its oil wealth, the state’s deliberate commitment to economic diversification was its greatest strength.
Shettima stated that Delta’s strategic coastline, ports, natural gas reserves, refining assets, vast agricultural potential, blue economy opportunities and rich deposits of solid minerals as key assets capable of transforming the state into a major industrial and commercial hub.
Speaking at the opening of the Delta State Economic and Investment Summit 2026, in Asaba, the vice president commending Governor Sheriff Oborevwori for convening the Summit, saying the Federal Government would continue to work with subnational governments to eliminate barriers to enterprise and support credible investments.
“We are co-travellers on the road from promise to production, from allocation to transformation, and from potential to prosperity,” he said.
Shettima said the bold reforms initiated by the President Bola Tinubu’s administration had strengthened macroeconomic stability, improved Nigeria’s global credit profile and created the right environment for long-term investments.
He urged local and foreign investors to take advantage of Nigeria’s improved economic outlook, as the Federal Government’s economic reforms continue to restore investor confidence, declaring that Delta State is strategically positioned to emerge as one of the country’s foremost investment destinations.
He stated: “Every state possesses immense promise with its unique history, geography, people and comparative advantage. This is the race we must welcome, a race in which states compete to create employment, prosperity and human dignity.”
According to him, increased federal allocations arising from ongoing fiscal reforms have empowered state governments to pursue ambitious development programmes, while recent upgrades by Fitch Ratings, S&P Global Ratings and Moody’s reflected growing international confidence in Nigeria’s economy, adding: “These are proof that Nigeria is regaining credibility, and the best time to invest is now, before the opportunity becomes expensive.”
