Niger Delta Summit Aims for $5 Billion Investment Drive

The Niger Delta region, comprising nine states including Akwa Ibom, Bayelsa, and Delta, is focusing on attracting new investments to drive economic growth and development. A significant event, the Niger Delta Economic Investment Summit (NDEI), is scheduled for May 19-21 in Port Harcourt, organized by the Niger Delta Chamber of Commerce, Industry, Mines and Agriculture (NDCCITMA).

The summit aims to catalyze $5 billion in structured investments over the next five years, creating 500,000 direct and indirect jobs. Key figures, including NDCCITMA Chairman Idaer Gogo Ogan and Barbados Prime Minister Mia Amor Mottley, are expected to participate.

The summit will address strategies for repositioning the Niger Delta as a competitive hub for investment and enterprise development, focusing on sectors beyond oil, such as agriculture and renewable energy. The Niger Delta Development Commission (NDDC) supports these efforts, emphasizing infrastructure upgrades and skill programs to align with the summit's goals.