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Oborevwori Unveils $100m Investment Fund to Boost Delta’s Economic Growth
['Ayooluwa Ayobami']
Trending News
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.
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.
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.
ADVERTISEMENTHe 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.