ASABA/Nigeria: Delta State Governor, Rt. Hon. Sheriff Oborevwori, on Wednesday declared that the increasing presence of businesses, financial institutions and hospitality operators across the state is a strong endorsement of his administration’s deliberate reforms aimed at easing the conduct of business and stimulating economic growth.
The governor spoke in Asaba during the inauguration of Premium Trust Bank’s second branch in the state capital and its 30th branch nationwide, noting that the surge in corporate investments reflects both Delta State’s vast market potential and the conducive business environment fostered by government policies.
According to Oborevwori, the operating climate for businesses has been significantly enhanced through sustained infrastructural renewal, policy reforms, a business-friendly governance approach and the maintenance of peace and security across the state.
He said his administration has adopted deliberate measures to improve the ease of doing business, including policies specifically targeted at attracting and supporting investors.
“One of our key policies is the centralised building control system, which helps to fast-track land and property acquisition for prospective investors,” the governor said, adding that Asaba has experienced a real estate boom driven by increased population inflows from neighbouring states.
Oborevwori reaffirmed his commitment to positioning Delta State as a preferred investment destination through the effective implementation of economic policies embedded in his administration’s MORE Agenda.
Congratulating the board, management and staff of Premium Trust Bank on the opening of the new branch, the governor described the establishment of 30 branches within three years as commendable, attributing the achievement to strong leadership, creativity and dedication.
He said the bank’s rapid expansion was a reflection of its personalised customer service, innovative products and high level of professionalism.
Expressing optimism about the impact of the new branch, Oborevwori said it would contribute to human capital development, create employment opportunities and deepen retail sector activities in the state, noting that qualified youths had already been engaged by the bank.
The governor also appealed to residents to remain peaceful and law-abiding, particularly during the Christmas season, stressing that peace remained a win-win for all and a critical factor in attracting investments that translate into job and wealth creation.
He assured that the state government would continue to strengthen security architecture across Delta, while cautioning host communities against intimidating companies operating in their areas. He urged corporate organisations to fulfil their corporate social responsibilities, emphasising that no company or oil installation would be shut down in the state under any guise.
In his remarks, the Managing Director of Premium Trust Bank, Dr. Emmanuel Emefienem, said the newly inaugurated outlet is the bank’s 30th branch in Nigeria, its fifth in Delta State and second in Asaba.
Dr. Emefienem commended Governor Oborevwori for his visionary leadership and notable strides in infrastructure development, youth empowerment and economic diversification, describing Delta State as “a project site” with visible development across critical sectors of the economy.
