Wednesday, April 15, 2026

Delta Targets Investors in Multi-Billion Dollar Blue Economy Sector

Delta State Governor, Sheriff Oborevwori, has announced that the state is ready to welcome large-scale investments in the blue economy, aiming to establish Delta as a leading center for maritime-based economic growth in Nigeria.

He made this known at the Blue Economy Investment Summit 2026, themed “Shifting Gears: Heading to a New Frontier in Maritime Economy,” held on Thursday, April 9, 2026, at the Bola Ahmed Tinubu International Conference Centre.

Speaking through his deputy, Monday Onyeme, the governor explained that the blue economy is now a global priority, as it promotes economic growth while ensuring environmental sustainability and social inclusion. He also praised the federal government for creating the Ministry of Marine and Blue Economy, describing it as a significant step toward harnessing Nigeria’s maritime resources.

Oborevwori pointed out Delta State’s strong advantage in this sector, noting that it has about 163 kilometres of coastline and that 14 out of its 25 local government areas are linked by waterways. He highlighted key natural resources such as mangrove forests, wetlands, and major rivers including the Niger, Benin, and Escravos, all of which empty into the Atlantic Ocean.

According to him, these features position Delta as a key driver of Nigeria’s blue economy transformation.

The governor revealed that the state is seeking investors across several areas, including marine tourism, port development, renewable energy, fisheries and aquaculture, real estate, environmental services, and marine transport and logistics. He also noted that ports in Burutu and Warri need urgent upgrades and private sector involvement to operate at full capacity.

To accelerate progress, the state government has set up a Blue Economy Steering Committee and a Technical Working Committee to guide policy implementation, attract investment, and ensure sustainable management of resources. He assured potential investors that Delta State is secure and ready to provide a supportive business environment.

On workforce development, Oborevwori said the state plans to partner with institutions like the Nigerian Maritime University to enhance skills and encourage innovation. He also emphasized the importance of maritime security, highlighting ongoing collaboration with the Nigerian Navy and other agencies to safeguard waterways and investments.

In his remarks, the Minister of Marine and Blue Economy, Adegboyega Oyetola, described the blue economy as a multi-trillion-dollar global industry, noting that Nigeria has much to gain since over 90% of its international trade depends on maritime activities.

Earlier, the CEO of Maritime Innovation Hub, Ronke Kosoko, shared her experience in the maritime sector, stressing the value of early exposure, innovation, and collaboration within the industry.

With its strategic location, abundant natural resources, and evolving policy direction, Delta State is positioning itself as a major force in Nigeria’s maritime future.

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