Managing Director and Chief Executive Officer of the Rural Electrification Agency (REA), Abba Aliyu, has emphasized that investor confidence remains one of the strongest drivers of economic development, describing it as the foundation upon which sustainable investments are built.
Reflecting on his participation at the Delta State Economic and Investment Summit 2026, Aliyu said one of his biggest takeaways from the event was that investment naturally follows confidence, particularly when governments create an enabling environment that reduces risks and encourages private sector participation.
The REA chief executive joined Vice President Kashim Shettima, development partners, investors and business leaders at the summit, where discussions focused on strategies for attracting investment, accelerating infrastructure development and driving inclusive economic growth in Delta State.
Aliyu described the summit as an important platform that brought together policymakers, development institutions and private sector stakeholders capable of transforming ideas into tangible economic opportunities.
He particularly applauded Delta State Governor Sheriff Oborevwori for announcing a US$100 million viability gap fund designed to de-risk investments in the state. According to him, the initiative demonstrates that Delta State is moving beyond simply inviting investors to actively creating the conditions necessary for investment to succeed.
Drawing from his experience leading the Rural Electrification Agency, Aliyu noted that reliable electricity remains one of the most critical enablers of investment across key sectors of the economy. He explained that access to dependable power directly influences productivity and business competitiveness in manufacturing, agriculture, technology, and among micro, small and medium-sized enterprises (MSMEs).
He said the REA continues to collaborate with state governments through data-driven planning and strategic partnerships with the private sector to expand sustainable energy infrastructure capable of unlocking new economic opportunities and attracting long-term investments.
Aliyu also expressed his delight at reconnecting with Ngozi Okonjo-Iweala, recalling that he had the privilege of serving under her leadership during her tenure as the pioneer Board Chair of the Nigerian Bulk Electricity Trading Plc (NBET). He described her continued leadership on the global stage as both inspiring and a testament to the enduring impact of visionary public service.
Commending the Delta State Government for convening the summit, Aliyu said the focus should remain on translating dialogue into concrete investments, strategic partnerships and sustainable economic outcomes. He expressed optimism that the commitments made during the summit would result in meaningful projects capable of improving livelihoods, creating jobs and strengthening Delta State’s position as a leading investment destination in Nigeria.
According to the REA boss, sustained investment in infrastructure, particularly reliable electricity, combined with sound public policy and innovative financing mechanisms, will be critical to unlocking Nigeria’s vast economic potential and driving inclusive growth across the country.
