Delta State investment opportunities presented to Brazilian investors as Governor Oborevwori promotes trade, energy, and agro-industrial growth
Delta State investment opportunities took center stage on Thursday in São Paulo, Brazil, as Governor Sheriff Oborevwori invited the Brazilian business community to explore the state’s vast economic potential.
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Speaking at the Delta State-Focused Business and Investment Roundtable, the governor described Delta as a strategic hub for trade, agriculture, energy, and industrial development in Nigeria and West Africa.
He emphasized that Delta’s natural endowments and investor-focused reforms make it one of Nigeria’s most promising investment destinations.
“Since its creation in 1991, Delta has grown into one of Nigeria’s top five economies, with a landmass of over 18,000 square kilometers and a population exceeding six million,” Oborevwori said.
He outlined key sectors ripe for investment, including crude oil, natural gas, agriculture, seaports, infrastructure, and energy.
Notably, Delta is Nigeria’s leading crude oil producer and holds extensive gas reserves, two major export terminals—Escravos and Forcados—and four seaports, including the soon-to-be-concessioned Burutu Seaport.
The governor also pointed to Delta’s agriculture sector, highlighting cassava, rice, maize, palm produce, aquaculture, and livestock, supported by mineral deposits such as kaolin, silica, coal, and iron ore.
“Delta is not only rich in resources but also in infrastructure,” he added, citing three operational airports, strategic road networks, and close proximity to commercial hubs like Lagos, Aba, and Onitsha.
Oborevwori reaffirmed his administration’s commitment to an enabling business climate through tax harmonization, streamlined regulations, and the creation of free trade zones in Koko and Kwale.
He disclosed that Delta was recognized in 2024 by the Federal Ministry of Petroleum Resources as Nigeria’s safest state for oil and gas investment.
The governor also presented the state’s Agro-Industrialisation agenda, including a 180-hectare Agro-Industrial Park set to host up to 30 processing plants, as well as new PPP models in housing, energy, and manufacturing.
A decentralized mini-grid system is also being implemented to support industrial growth and sustainability.
Expressing interest in Brazil’s success with ranching, Oborevwori said Delta was keen on adapting similar practices to strengthen livestock production.
“I eagerly look forward to partnering with the business community of Brazil for our mutual benefit,” he said.
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Also present at the roundtable was Central Bank Governor Dr. Olayemi Cardoso, who spoke about the broader investment climate in Delta and shared the CBN’s initiatives to restore economic stability in Nigeria.
