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Economic Summit: Shettima, Okonjo-Iweala, Elumelu, others seek investments for Delta

Economic Summit: Shettima, Okonjo-Iweala, Elumelu, others seek investments for Delta

***Delta unveils $100m fund to attract investors
***Delta can rival Lagos as Nigeria’s growth engine -Okonjo Iweala
By Babajide Komolafe, Economy Editor, Egufe Yafugborhi & Ochuko Akuopha
ASABA—Vice President Kashim Shettima, yesterday, urged local and foreign investors to take advantage of Delta State’s enormous economic potential, declaring that healthy competition among states, driven by their comparative advantages, remains the surest path to sustainable prosperity and national development.
This came as the Delta State Government announced a $100 million, equivalent to N137.8 billion, as a Viability Gap Fund to de-risk private sector investments, pledging the speedy executio...

Source: Vanguard News

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