Elumelu to partner Delta on power generation

Tony Elumelu, Chairman of Heirs Holdings, has committed to collaborating with the Delta State Government to tackle electricity generation challenges and foster sustainable development.

Speaking at the Delta State Economic and Investment Summit 2026 in Asaba, Elumelu lauded Delta as a prime investment destination. He expressed pride in the state's ongoing transformation, noting its abundant opportunities, resources, and creative population. Elumelu emphasized that capital seeks welcoming and protected environments, encouraging investors to commit to Delta.

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We would like to discuss how we can help or partner with Delta to make electricity generation and distribution affordable and possible.

"We would like to discuss how we can help or partner with Delta to make electricity generation and distribution affordable and possible," Elumelu stated. He identified agriculture, waterways, coastal resources, and mineral deposits as key assets for economic growth, stressing that effective execution of development plans is crucial.

Meanwhile, Minister of Finance Taiwo Oyedele highlighted the federal government's ongoing reforms to restore economic stability. He detailed difficult decisions, including foreign exchange adjustments and fuel subsidy removal, as necessary steps for long-term prosperity. These reforms aim to redirect resources into critical sectors like healthcare, education, and infrastructure to improve citizens' welfare.

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Capital has no regional sentiments and no political loyalty. Capital goes where it is welcomed and stays where it is protected.