Delta Investment Summit: Elumelu, Mosra Energy Call for Stronger Public-Private Partnerships

Business leaders Tony Elumelu and Ramos Olukayode, Chairman and Chief Executive Officer of Mosra Energy, have called for stronger public-private partnerships in the power and mining sectors to unlock Delta State’s industrial potential, describing reliable electricity and investor confidence as the foundation for sustainable economic growth.

Speaking at the Delta State Economic and Investment Summit 2026 in Asaba, Elumelu commended Governor Rt. Hon. Sheriff Oborevwori for what he described as visionary leadership, noting that the administration’s investments in roads, housing and infrastructure have significantly improved the state’s investment profile. He also assured investors that Delta remains peaceful, safe and open for business.

“Every time I see new roads, modern estates, and other development projects, I ask myself, ‘Where is this?’ and I am always delighted to discover that it is right here in Delta State. It makes me immensely proud to be a son of Delta.”

The Chairman of Heirs Holdings stressed that reliable electricity remains critical to industrialisation, revealing that although Delta has an installed generation capacity of about 1,000 megawatts in Warri, only about 500 megawatts are currently utilised due to gas supply and transmission constraints. He expressed readiness to partner with the Delta State Government to expand electricity generation and distribution across the state.

“We would welcome the opportunity to engage with your administration on how we can partner with the Delta State Government to expand electricity generation and distribution, ensuring that affordable and reliable power reaches every home, business, and industry across the state.”

Also addressing the summit, Ramos Olukayode said investor confidence is driven by vision, stability, strong partnerships and a predictable business environment, adding that Delta possesses all the qualities needed to attract long-term investments. He highlighted the state’s over 200 million tonnes of proven coal reserves in Ogboyoga, Ubogo, Ukwuani and Ogwashi-Uku, noting that ongoing mining activities have already positioned Delta as a major supplier to Nigeria’s cement industry.

Olukayode said Mosra Energy’s partnership with the Delta State Government on the proposed 600-megawatt Mambilla Power Plant in Ogboyoga and the planned Energy and Industrial Special Economic Zone in Aniocha demonstrates the impact of collaboration between government and the private sector. He added that the state’s coal reserves could provide over 30 years of reliable baseload electricity, supporting manufacturing, technology, mineral processing and agro-processing industries.

“We are not merely generating electricity; under the MORE Agenda, we are laying the foundation for what can become West Africa’s next industrial powerhouse.”

He urged investors to seize the opportunities available in Delta before they become mainstream.

“The best time to invest is before everyone else discovers the opportunity. That time is now.”

The remarks reinforced the summit’s central objective of attracting strategic investments, strengthening infrastructure and accelerating Delta State’s economic transformation through partnerships between government and the private sector.