The Managing Director of the Niger Delta Development Commission (NDDC), Samuel Ogbuku, has urged local and international investors to take advantage of the improved security and business climate in the Niger Delta, declaring the oil-rich region safe and conducive for investment.
Speaking at the Delta State Economic and Investment Summit 2026 in Asaba, Ogbuku described the Niger Delta as a region richly endowed with vast economic opportunities, assuring prospective investors of a stable environment for business growth.
According to a statement issued in Port Harcourt on Tuesday by the NDDC Director of Corporate Affairs, Seledi Thompson-Wakama, the Commission’s chief attributed the renewed confidence in the region to the reforms of the administration of President Bola Ahmed Tinubu.
He said the Federal Government’s Renewed Hope Agenda had significantly transformed the Niger Delta into a more peaceful and investor-friendly destination, creating fresh opportunities for economic expansion and sustainable development.
Ogbuku also commended Delta State Governor, Sheriff Oborevwori, for convening the investment summit, describing it as a strategic initiative capable of attracting investors to both Delta State and the wider Niger Delta region.
He further congratulated the governor on his administration’s strides in infrastructure development, noting that such investments were critical to sustaining economic growth.
Addressing participants at the summit, Vice President Kashim Shettima said Nigeria’s economic outlook had improved despite global economic uncertainties, insisting that President Tinubu deserved commendation for stabilising the economy.
“Our reserves have grown from three billion dollars to 52 billion dollars and counting in a turbulent world. I think the President deserves commendation,” he said.
Shettima described Delta State as one of Nigeria’s foremost investment destinations, citing its educated and enterprising population as key drivers of economic prosperity.
According to him, the summit represented a timely opportunity to mobilise resources and unlock the state’s immense economic potential.
“Potential has no economic value unless it is organised, financed and put to work,” the Vice President stated.
In his remarks, Governor Oborevwori said the summit was designed to move beyond rhetoric by presenting a practical roadmap for repositioning Delta State as a competitive investment hub.
He reaffirmed that the state remained peaceful, secure and open to investors, while stressing the need to diversify its economy beyond oil.
The governor said his administration had prioritised prudent public financial management through disciplined budgeting, transparent allocation of resources and accountable governance, all aimed at improving service delivery and creating an enabling environment for sustainable investment.
