
The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has called on Niger Delta states to establish viable Special Economic Zones (SEZs) to drive industrialisation and position the region as a major trade and investment hub.
Okonjo-Iweala made the call yesterday at the inaugural Niger Delta Economic and Investment Summit, held at the Obi Wali International Conference Centre, Port Harcourt, Rivers State.
She said the Niger Delta possessed the resources and strategic advantages to emerge as Nigeria’s next major industrial hub, alongside Lagos, but warned that natural wealth alone could not guarantee development.
The WTO chief stressed the need for improved project execution, a stronger maintenance culture, efficient ports, enhanced digital infrastructure and lower trade costs to attract investors and support businesses.
“The situation of the Niger Delta people is far from satisfactory. The region needs to try and do better,” she said, adding that the Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) could play a leading role in attracting investors and positioning the region as a trade hub.
Also speaking, the Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku, said NDCCITMA was helping to advance the commission’s vision of growing businesses in the region through an initial N5 billion fund.
Ogbuku identified the people, particularly the region’s human resources, as its greatest asset, stressing the need to build their capacity to drive sustainable economic growth.
He advocated greater collaboration among the Niger Delta states and the establishment of a think tank to galvanise ideas and coordinate development efforts.
According to him, global investors require an enabling environment, including investment opportunities and active participation by the people of the region.
He said the states could jointly develop critical infrastructure, including power stations, rail lines and regional roads, to facilitate economic integration and development.
Ogbuku also decried the continued capital flight from the region, saying international companies had benefited from its resources without creating adequate employment opportunities and other economic benefits for the people.
The Chairman of the NDDC Governing Board, Mr Chiedu Ebie, said the commission would continue to collaborate with the Niger Delta state governments and other stakeholders to avoid duplication of projects and efforts.
In his keynote address, businessman Aigboje Aig-Imoukhuede urged the region’s elite to move beyond lamentation and formulate a development compass.
“We need to move from a rent economy to a regional and productive economy,” he said, stressing that the Niger Delta must use its resources to become an economic powerhouse.
He warned that real transformation would depend on deliberate execution rather than promises alone.
In a goodwill message, Delta State Governor, Rt. Hon. Sheriff Oborevwori, said the state had established a $100 million investment fund as a step towards attracting investors.
The governor, represented by the Director-General of the Delta State Investment Development Agency, Olorogun Lucky Oghene-Umoru, assured investors of a secure business environment, adding that his administration was pursuing economic diversification to reduce dependence on oil revenue.
The President-General of the Pan Niger Delta Forum (PANDEF), Ambassador Godknows Igali, said the region was endowed with resources and opportunities capable of transforming its economic fortunes.
The Board Chairman of NDCCITMA, Ambassador Idaere Ogan, said the region must reposition its enterprise, resources and strategic relevance to Nigeria and Africa.
Ogan said the focus must shift from narrative to execution and from potential to bankable outcomes, describing the summit as a structured investment platform designed to mobilise capital, accelerate enterprise growth and align regional development efforts.
He called on the governors of the nine Niger Delta states and chambers of commerce across the region to align their priorities, present bankable investment opportunities and support a unified economic agenda.
“No single state or institution can unlock the region’s full potential in isolation,” he said.












