Delta showcases maritime potential at blue economy summit, woos investors

Delta State Government has intensified efforts to attract investment into its maritime sector, presenting its blue economy potential at the Blue Economy Investment Summit 2026 held at the Bola Ahmed Tinubu International Conference Centre, Abuja.

The summit, themed “Shifting Gears: Heading to a New Frontier in Maritime Economy,” brought together policymakers, investors, and industry stakeholders to explore opportunities in Nigeria’s marine resources sector.

Speaking on the sidelines, Director-General of the Delta State Investment Development Agency (DIDA), Dr. Anthony Elekeokwuri, said the state’s extensive coastline and marine endowments position it as a prime destination for investments.

He noted that Delta has about 163 kilometres of coastline, creating opportunities for seaport development, fisheries, and marine-based industries.

Elekeokwuri described the state’s marine ecosystem as rich and economically viable, supporting activities such as fisheries, logistics, and distilleries.

He added that the government is encouraging investors to take advantage of the untapped opportunities.

He further stated that Delta is working to diversify its economy beyond oil and gas through investments in infrastructure, education, and policies that promote ease of doing business.

According to him, the state operates a one-stop investment system that enables business registration within 48 hours, alongside incentives designed to attract investors.

Also speaking, Executive Director of Operations at the Delta State Internal Revenue Service, Prof. Frank Nwugo, called for stronger collaboration between federal and state governments to unlock the maritime sector’s full potential.

He noted that development of key assets, including the Koko Port, had been slow due to limited federal involvement and policy constraints.

Nwugo urged reforms in maritime policies, particularly those governing offshore resources, to improve regulatory clarity and enhance investment flows into the sector.

Chief Economic Adviser to the Governor, Dr. Barry Gbe, said the state’s participation in the summit was aimed at building partnerships and attracting investors to develop marine infrastructure and logistics.

He added that such investments would drive economic growth and job creation.

Gbe highlighted strategic assets such as the Warri Port and Koko Port, noting their proximity to key markets and potential to boost trade if properly developed.

Similarly, Commissioner for Trade and Investment, Samuel Oligida, pointed to opportunities in tourism and renewable energy within the blue economy.

He said Delta’s coastal environment and cultural heritage sites present viable prospects for tourism, while offshore energy resources offer additional investment avenues.

The Delta delegation expressed optimism that ongoing engagement with investors and policymakers would translate into concrete investment agreements, positioning the state as a major hub in Nigeria’s emerging maritime economy.