Chairman of the Chartered Institute of Bankers of Nigeria (CIBN), Barr. Charles Osita Ojakovo, Delta State branch, has described Delta State as one of Nigeria’s fastest-growing economies, currently valued at approximately $15 billion (₦6.2 trillion).
Ojakovo who also serves as CEO of Kingsclass Consulting Services, a leading consultancy firm based in Asaba credited this impressive economic growth to the visionary leadership of Governor Sheriff Oborevwori.
He highlighted the administration’s success in attracting investments, diversifying the economy, and delivering large-scale infrastructure projects that continue to create a favorable environment for business and investment.
Responding to questions about the state of the economy, Barr. Charles Osita Ojakovo a Fellow of the Chartered Institute of Bankers of Nigeria (CIBN) and holder of several other professional honors noted that Delta State currently ranks as the fourth-largest economy in Nigeria, with an estimated value of $15 billion. He attributed this growth largely to the governor’s strong push for economic diversification.
“I believe the state should set its sights higher than the N1 trillion budget target for 2026,” Ojakovo said. “We should be aiming for at least N1.5 trillion and working toward becoming the third-largest economy in the country. It’s absolutely possible, especially if we continue to attract more investments.”