Soludo: Delta, Anambra should become Nigeria’s twin growth hubs
Delta, Anambra States Urged to Strengthen Economic Ties at Investment Summit
By Babajide Komolafe, Economy Editor, and Egufe Yafugborhi, Ochuko Akuopha
ASABA—Governor Chukwuma Soludo of Anambra State emphasized the need for enhanced economic collaboration between Delta and Anambra states, identifying them as “twin growth hubs” poised to foster regional prosperity. His remarks were delivered during the Delta State Economic and Investment Summit, where he urged organizers to prioritize concrete business agreements over speeches.
With the recent completion of the Second Niger Bridge, Soludo likened the relationship between the two states to that of New York and New Jersey. He advocated for institutionalizing this connection by establishing working groups designed to promote economic cooperation.
“There are numerous opportunities for mutual learning between Anambra and Delta,” Soludo said. “We are developing a commercial and industrial city supported by an aerotropolis. It is imperative that we create synergies rather than engaging in unnecessary competition.”
The governor noted that recent macroeconomic reforms have enhanced the investment climate in Nigeria. “From a macroeconomic standpoint, Nigeria has stabilized and is on the recovery path,” he stated. “We have begun to address some of the contradictions in the economy. The exchange rate has become more stable, and inflation is moderating.”
He underscored the importance of foreign capital, stating, “Stable and predictable macroeconomic conditions are essential for attracting investors from Africa and beyond. Progress is being made in this area.”
Soludo called for a shift in focus from rhetoric to action. “Investment must become a habit, not merely an event,” he explained. “We need follow-up actions such as business networking sessions and concrete partnerships. Coordinated efforts between the Federal Government and state governments are critical to convert macroeconomic reforms into job creation, poverty reduction, and improved living standards for Nigerians.”
Addressing the importance of local manufacturing, the governor urged citizens to support domestically produced goods. “We cannot generate the jobs we require if we continue to rely on imported products while neglecting local goods,” he asserted.
Soludo reflected on his attire, stating, “I am wearing an outfit made by a Nigerian brand, introduced to me by my daughter in 2019. It has since become my daily uniform, and the business has expanded, creating jobs and increasing incomes.”
Concluding his address, he challenged future summit organizers: “Imagine if all 240 million Nigerians elected to wear Made-in-Nigeria clothing. Millions of jobs could be created. I propose that at the next investment summit, we implement a dress code: if you are not wearing Made-in-Nigeria, you should not attend.”
