During the Delta State Economic and Investment Summit in Asaba, Vice President Kashim Shettima urged both local and foreign investors to capitalize on Delta's vast economic potential. The Delta State Government announced a $100 million Viability Gap Fund aimed at de-risking private sector investments and ensuring the swift execution of agreements made during the summit. Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, highlighted Delta's potential to become Nigeria's next major industrial hub, while Prof. Patrick Lumumba called for the removal of visa barriers to enhance regional integration. Anambra State Governor Chukwuma Soludo emphasized the need for economic collaboration between Delta and Anambra, and Tony Elumelu of Heirs Holdings endorsed Delta as a promising investment destination. Shettima reiterated that each state has unique investment propositions shaped by various factors, and called for a focus on growth and prosperity over conflict.
NigeriaNewsFeed summary based on reporting from Vanguard News.
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