Delta State Launches $100M Investment Support Fund

During the Delta State Economic and Investment Summit 2026 held in Asaba, Delta State Governor Sheriff Oborevwori announced the establishment of a $100 million Investment Support Fund, referred to as a Viability Gap Fund. This initiative is designed to reduce investment risks and attract both domestic and foreign investors to the state.

The governor emphasized that the fund would facilitate the transformation of investment agreements made during the summit into viable projects that could enhance industrialization, create jobs, and expand the state’s economy. He noted that the fund represents a commitment of approximately N133 billion and is aimed at ensuring measurable economic impacts from investment commitments.

Vice President Kashim Shettima expressed the Federal Government's support for states pursuing reforms aligned with national economic priorities. He highlighted the importance of sectors such as agriculture, manufacturing, and logistics for job creation.

Dr. Ngozi Okonjo-Iweala of the WTO pointed out Nigeria's poor maintenance culture as a challenge to development, while Anambra State Governor Chukwuma Soludo called for increased patronage of locally manufactured products to strengthen the domestic economy.