Niger Delta

Rising business presence highlights Delta’s investment-friendly reforms — Oborevwori

Governor Sheriff Oborevwori of Delta, has attributed the increasing presence of banks, corporate organisations and hospitality investors in the state to deliberate reforms introduced by his administration to make Delta more attractive for business operations.

The governor made this known in Asaba on Wednesday during the inauguration of the second branch of Premium Trust Bank in the state capital, which also marked the bank’s 30th branch nationwide.

He described the steady inflow of businesses as a strong endorsement of government policies aimed at improving the ease of doing business.

According to Oborevwori, the growing corporate footprint in Delta reflects both the state’s expanding market opportunities and the favourable business environment created through intentional government actions.

He noted that sustained investments in infrastructure, consistent policy reforms, a pro-business government approach and the maintenance of peace and security have collectively improved the operating climate for investors.

He explained that his administration has put in place specific measures to remove bureaucratic bottlenecks and encourage business growth.

Among these initiatives is the centralised building control system, which he said has significantly reduced delays in land and property acquisition for investors.

The governor added that Asaba has experienced a surge in real estate development, driven largely by an influx of residents from neighbouring states.

Reaffirming his administration’s commitment to economic growth, Oborevwori said Delta was being strategically positioned as a preferred investment destination through policies outlined in the MORE Agenda, which focuses on meaningful development, opportunities for all, realistic reforms and enhanced peace and security.

He congratulated the board, management and staff of Premium Trust Bank on their expansion, describing the achievement of opening 30 branches within three years as a remarkable milestone that reflects effective leadership, innovation and commitment.

The governor attributed the bank’s rapid expansion to its customer-focused services, innovative financial products and high level of professionalism.

Oborevwori expressed confidence that the newly opened branch would contribute to job creation, human capital development and increased retail banking activities in the state.

He disclosed that a number of qualified youths from Delta had already been employed by the bank, further strengthening the local economy.

The governor also used the occasion to call on residents to continue to embrace peace and lawful conduct, particularly during the festive season.

He stressed that peace remained a critical factor for attracting investments, which in turn leads to job creation and wealth generation. He assured that the state government would continue to enhance security across Delta.

While urging host communities to avoid acts capable of discouraging investors, Oborevwori appealed to corporate organisations to be responsible partners by fulfilling their corporate social responsibilities.

He emphasised that no company or oil facility would be allowed to shut down operations in the state under any circumstances.

In his remarks, the Managing Director of Premium Trust Bank, Dr. Emmanuel Emefienem, disclosed that the newly inaugurated outlet is the bank’s fifth branch in Delta State and the second in Asaba.

He praised Governor Oborevwori for what he described as purposeful leadership and visible achievements in infrastructure development, youth empowerment and economic diversification.

Emefienem described Delta State as a “project site,” noting that development activities were evident across multiple sectors, a factor he said influenced the bank’s decision to expand its presence in the state.

 

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