Urgent.News

What's breaking now, across thousands of outlets.

World

Come to Niger Delta, NDDC boss woos investors

NDDC boss, Dr. Samuel Ogbuku, urges investors to explore the Niger Delta region, highlighting its safety and economic potential under the Renewed Hope Agen Read More: https://punchng.com/come-to-niger-delta-nddc-boss-woos-investors/

Come to Niger Delta, NDDC boss woos investors

The Niger Delta Development Commission (NDDC) boss, Dr Samuel Ogbuku, has been actively promoting the Niger Delta region as a lucrative destination for investors. Speaking at the Delta State Economic and Investment Summit 2026 in Asaba, Ogbuku highlighted the oil-rich region's abundant resources and peaceful environment, attributing its transformation to President Bola Tinubu's administration's efforts under the Renewed Hope Agenda.

The summit, organized by Delta State Governor Sheriff Oborevwori, aims to attract investors to the state and the Niger Delta region. Vice President Senator Kashim Shettima praised the country's improved economic situation and commended President Tinubu for the country's growing reserves. He also expressed confidence in Delta State's potential as an investment destination due to its educated and enterprising population.

The governor emphasized the importance of diversification in the state's economy, noting that while oil had contributed to its success, relying solely on oil is not sustainable. He further assured investors of the state's commitment to sound financial management, transparency, and accountability, stressing its readiness to welcome prospective investors without any hindrances.

Additionally, the keynote speaker, Dr. Ngozi Okonjo-Iweala, urged the state to embrace digital and AI-driven trade, asserting that Nigeria's endowment alone is not enough to add value; budgetary allocation is equally crucial.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at punchng.com →

More in World

'Resistance is Hamas's holy mission': Terror spox. tells Piers Morgan group will continue fighting

Hamas spokesman Ghazi Hamad avoided committing to disarmament, saying the group had accepted the Gaza agreement out of necessity but would not change its mentality or goals.

  • Hamas spokesperson Ghazi Hamad says resisting occupation is "holy mission"
  • U.S.-brokered deal described as "exceptional" due to Gaza's dire circumstances
  • Hamas vows to continue fighting until achieving freedom, no specific timeline given

More from Tuesday 4 August →