Delta State Governor, Rt. Hon. Sheriff Oborevwori, has invited Brazilian investors to explore the vast opportunities in Nigeria’s oil-rich state, describing Delta as a gateway to trade, agriculture, and industrial expansion in West Africa.
Speaking at the Delta State-Focused Business and Investment Roundtable in São Paulo, Oborevwori emphasized the state’s strategic advantages, ranging from abundant natural resources to major infrastructure projects designed to attract global partnerships.
Delta Positioned as Regional Trade Hub
The Governor outlined Delta’s economic strength, noting that since its creation in 1991, it has grown into one of Nigeria’s top five economies with a population of over six million and a landmass exceeding 18,000 square kilometres. He highlighted its oil dominance, vast natural gas reserves, and seaport assets, including the ongoing concession of Burutu Seaport, which is projected to serve as a trans-shipment hub for West and South-West Africa.
Agricultural and Industrial Growth
Oborevwori underscored Delta’s fertile landscape, rich in cassava, palm produce, rice, maize, aquaculture, and livestock. He added that the state is expanding its agro-industrial drive through a 180-hectare industrial park designed to host up to 30 processing plants, supported by public-private partnerships in energy, housing, and manufacturing.
Ease of Business and Security Advantage
The Governor assured investors of a welcoming business environment, citing tax reforms, the creation of economic free zones in Koko and Kwale, and legislative measures that simplify trade processes. He further reminded stakeholders that Delta was recently recognised by the Federal Ministry of Petroleum Resources as the safest state in Nigeria for oil and gas investments.
Learning from Brazil’s Expertise
Drawing parallels between Nigeria and Brazil in agriculture, culture, and demographics, Oborevwori expressed interest in adopting Brazil’s advanced ranching model to strengthen Delta’s livestock production.
“Delta State is open for business. We are ready to build sustainable partnerships with Brazil for mutual growth,” he concluded.
Read also: Delta State Delegation Engages Brazil on Strategic Investment Drive
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