Vice President Kashim Shettima arrived in Asaba, the capital of Delta State, on Sunday to attend the State Economic and Investment Summit that is set to open on Monday. The event is positioned as a strategic platform for economic transformation, aimed at deepening investor confidence, fostering partnerships and attracting both local and foreign direct investment to the region.
The summit’s agenda highlights the role of President Bola Tinubu’s Renewed Hope Agenda reforms in opening Delta to abundant business opportunities. Shettima is expected to underscore how these reforms have created a more conducive environment for investment and economic growth in the state. His presence is intended to signal the federal government’s commitment to supporting Delta’s development plans and to encourage investors to explore the region’s untapped potential.
Upon arrival, the Vice President was welcomed by Governor Oborevwori Sheriff of Delta State, former Minister of Justice and Attorney General of the Federation Mohammed Adoke, and a host of other political heavyweights and business leaders. The reception underscored the high level of interest from both the public and private sectors in the summit’s objectives.
Delta State, known for its oil and gas resources, has been seeking to diversify its Economy and reduce its reliance on the petroleum sector. The State Economic and Investment Summit is part of a broader strategy to attract investment in infrastructure, agriculture, manufacturing and technology. By bringing together government officials, investors and industry experts, the summit aims to create a collaborative environment where ideas can be exchanged and investment projects can be launched.
The Vice President’s participation is seen as a key endorsement of the summit’s goals. His remarks are expected to focus on the importance of creating a stable and transparent investment climate, improving the ease of doing business, and leveraging the state’s strategic location to attract regional and international investors. He will also likely address the need for public‑private partnerships to drive infrastructure development and job creation.
The summit is scheduled to run over two days, with sessions covering investment opportunities, sectoral development plans, and policy frameworks. Delegates will have the chance to meet with state officials, tour potential investment sites and discuss specific projects. The event is expected to culminate in the signing of memoranda of understanding and investment agreements that will formalise commitments from both sides.
For Delta State, the summit represents a critical moment to showcase its readiness to welcome investment and to demonstrate the tangible benefits of the Renewed Hope Agenda reforms. The outcomes of the event could set the tone for the state’s economic trajectory over the coming years, potentially attracting significant capital inflows and creating new employment opportunities for its residents. As the summit unfolds, stakeholders will be watching closely to see how the discussions translate into concrete investment actions and policy changes that will shape Delta’s future.
