By Mokobia Rita.
ASABA/Nigeria: Chairman of Heirs Holdings, Tony Elumelu, has expressed readiness to explore a strategic partnership with the Delta State Government to improve electricity supply, describing reliable power as the foundation for industrial growth, job creation and sustained private investment.
Elumelu made the commitment on Monday at the Delta State Economic and Investment Summit 2026 in Asaba, where he said expanding access to affordable and dependable electricity would unlock greater economic opportunities and strengthen Delta State’s attractiveness to investors.
The renowned entrepreneur said discussions with the state government would focus on possible areas of collaboration in electricity generation and distribution, noting that access to stable power remains one of the biggest requirements for economic transformation.
“We would like to discuss how we can help or partner with Delta to make electricity generation and distribution affordable and possible,” Elumelu said.
Speaking on the summit theme, “Harnessing Our Strengths, Unlocking Our Potential,” he described Delta State as one of Nigeria’s most strategically positioned economies, with abundant natural resources, extensive waterways, agricultural potential and a vibrant entrepreneurial population.
Elumelu said the state’s comparative advantages could translate into faster economic growth if supported by improved infrastructure, policy consistency and greater private sector participation.
He also commended the administration of Governor Rt. Hon. Sheriff Oborevwori for initiatives aimed at improving the investment climate, noting that recent infrastructure projects had attracted attention beyond the state.
According to him, reports and images of ongoing development projects in Delta frequently appear on television and social media, reflecting growing investment in public infrastructure.
The business leader stressed that investor confidence depends largely on the availability of security, infrastructure and policies that protect investments.
“Capital has no regional sentiments and no political loyalty. Capital goes where it is welcomed and stays where it is protected,” he said.
Elumelu identified agriculture, the blue economy, mineral resources and the creativity of Delta people as major assets capable of supporting long-term economic diversification if effectively developed.
He urged both domestic and foreign investors to take advantage of emerging opportunities in the state, expressing confidence that Delta possesses the leadership and economic potential required to sustain long-term private sector investment.
The proposed electricity partnership emerged as one of the major private sector commitments announced during the investment summit, which brought together policymakers, business leaders, development partners and investors to identify practical strategies for expanding investment and accelerating economic growth in Delta State.
