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Sep 13, 20262 min read

Private sector repositioning Niger Delta for growth- Board Chairman

For decades, the Niger Delta region has played a critical role in the oil and gas economy of our country.

Private sector repositioning Niger Delta for growth- Board Chairman
Galaxy TV · Business desk · Lagos
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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has commenced efforts towards repositioning the region for competitive economic development and growth.

The NDCCITMA Board Chairman, Mr Idaere Ogan, disclosed this on Saturday in Port Harcourt while briefing newsmen on its preparedness to host the ‘Niger Delta Economics and Investment Summit 2026’.

The summit scheduled to hold in Port Harcourt from Sept. 15 to Sept 17 is themed: “Driving Investment, Innovation and Industrial growth in the Niger Delta.”

Ogan explained that the summit, which would stimulate economic growth in the region, would bring to limelight a wide range of other economic opportunities that existed alongside the region’s oil and gas resources.

“For decades, the Niger Delta region has played a critical role in the oil and gas economy of our country.

“Aside oil and gas which the region is primarily known for, it also possessed other viable potentials, including agro-allied based industry, maritime, transportation, renewable energy, gas, logistics among others,” he said.

Ogan said that the event would provide a platform for investors, government and the private sector to brainstorm as well as scale up the manufacturing sector across the region.

“Our primary motive is to showcase strategic investment opportunities capable of strengthening regional economy.

“We are committed to transforming the region from a predominantly mono-resource dependant economy to a highly diversified, productive, industrialised and globally competitive region.

“Rather than viewing each state as an isolated economic market, we must begin to build regional value-chains on various economic prospects.

“We must also optimally harness available business corridors, infrastructure and investment platforms so as to collectively strengthen the economy of the region,” he said.

The summit is organised by the chamber in partnership with the Niger Delta Development Commission.

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Segun Adewole
Editor

Reporting for Galaxy TV from Lagos and Abuja, covering business and national affairs across Nigeria and West Africa.