Metro
Oborevwori Unveils $100m Investment Fund to Boost Delta’s Economic Growth
Delta State Governor, Sheriff Oborevwori, has unveiled a 100 million US dollar Viability Gap Fund, valued at about ₦133 billion, to attract strategic investments and accelerate economic development across the state. The Governor disclosed the initiative in a statement via the X handle of the state government on Monday, August……
Delta State Governor, Sheriff Oborevwori, has unveiled a 100 million US dollar Viability Gap Fund, valued at about ₦133 billion, to attract strategic investments and accelerate economic development across the state.
The Governor disclosed the initiative in a statement via the X handle of the state government on Monday, August 3, saying the fund is designed to reduce investment risks and encourage private sector participation in key development projects.
According to Oborevwori, the US$100 million (approximately ₦133 billion) Viability Gap Fund will provide investors with greater confidence by de-risking strategic investments while supporting projects capable of stimulating economic growth and improving livelihoods.
READ ALSO: Oborevwori Approves Financial Support for 533 Delta Law School Graduates
“Governor Sheriff Oborevwori has unveiled a US$100 million (approximately ₦133 billion) Viability Gap Fund to de-risk strategic investments, providing investors with greater confidence while supporting the delivery of impactful projects that will drive economic growth and shared prosperity in Delta State,” the state government tweeted.
The statement revealed that the initiative forms part of the governor’s administration’s efforts to create an enabling environment for investment, strengthen public-private partnerships and unlock the state’s economic potential.
He expressed confidence that the fund would enhance investor confidence and facilitate the execution of transformative projects that would promote inclusive growth and sustainable development across Delta State.
‘Politics is expensive everywhere’ – Wike replies critics over high billboard cost in Abuja
2027: ‘Peter Obi’s Logic Is Short-Term Turnover Unlike Tinubu Who Thinks Of Next Generation’ – Oshiomhole
“Courts Must Guard Their Independence, Impartiality And Integrity” — NDC Warns After Atiku’s Candidacy Is Nullified
‘He’s closest to Lionel Messi’ – Rashford names player to win more Ballons d’Or than Cristiano Ronaldo
Power Outage: Tegbe assures Nigerians of swift restoration as electricity disruptions hit Lagos, Abuja
Investigate hijab controversy in Nigerian law schools immediately- MURIC to Council of Legal Education
“Every Item Has Been Recovered” — Viral CCTV Helps Trace Lagos Photographer’s Stolen Equipment As Wedding Files Remain At Risk
Jesus de Miguel’s death: ‘He’d never intentionally hurt anyone’ – Owono’s team-mate defends goalkeeper
“Leadership Must Emerge Through Lawful Process, Not Imposition” — Bala Gombe Commends Justice Lifu Over ADC Judgment
US travel ban on Supreme Court Justices based on misinterpreted judgment – Retiring Justice Aji clarifies
“You Acted As A True Statesman During Rivers Crisis” — Fubara Hails Tinubu’s Intervention, Pledges 3m Votes Under APC-PDP Rainbow Coalition
2027: Obi Blows Hot As Thugs Attack NDC Members In Delta
“I Am Cleaning The Mess They Created, Atiku Was One Of Them” — Tinubu Blames Former Leaders For Hunger, Questions Atiku’s University
Tony Elumelu’s daughter bags Oxford MSc
EPL table: Man City suffer shock 3-1 defeat at Nottingham, Arsenal now 6pts clear
“Adeboye Ordered Refund Of Billions In Crime Proceeds Within 24 Hours” — EFCC Chairman Olukoyede Reveals, Warns Churches Against Suspicious Donations
Jigawa, IsDB budget $110m to improve schools, teachers’ development
2027 U-23 AFCONQ: DR Congo coach Bukasa unveils squad for Olympic Eagles clash
Turkey: Orban, Sor on target in Amedspor’s defeat to Galatasaray
Atiku was in charge of economy when he built university – Tinubu
Metro7 days ago“Publishing His Name Is Subject To The Final Outcome Of A Court Order” — INEC Leaves Gwarzo Off Updated Kano Governorship List
- Metro7 days ago
“The Election Must Hold As Scheduled” — INEC Chairman Rules Out Postponement Of 2027 General Elections
- Metro7 days ago
“Sowore’s Whereabouts Remain Unknown” — Armed Men Allegedly Abduct AAC Presidential Candidate In Ado-Ekiti, Damage Vehicles And Restaurant
- Metro7 days ago
“They Beat Me Like A Criminal” — Sowore Recounts Ekiti Attack As Govt Denies Involvement, Calls For Police Investigation
- Metro7 days ago
“21 Exotic Vehicles Affected, No Life Lost” — LASEMA Confirms Lagos Mechanic Workshop Fire, Averts Disaster At Nearby Filling Station
- Viral6 days ago
FLUTTERWAVE’S CYPRUS EXIT: BANK OF CYPRUS OBJECTION TRIGGERS TOTAL WRITE-OFF OF 100% SUBSIDIARY, AUDITED ACCOUNTS REVEAL
- Metro7 days ago
“November 7 Local Government Elections Will No Longer Hold” — Imo Electoral Commission Postpones Poll Indefinitely
- Metro5 days ago
“Nigeria Cannot Afford To Fail In 2027” — UNOWAS Urges Peaceful Elections As NHRC Warns Against Electoral Offences
