Aig-Imoukhuede: Niger Delta Received $160bn in 27 Years, Yet Poverty Persists

THISDAYLIVE | 16-09-2026 04:45am |

Chairman of Access Holdings and Coronation Group, Aigboje Aig-Imoukhuede, has revealed that the Niger Delta received about $160 billion in federal allocations and development funding over the past 27 years, yet poverty and underdevelopment persist in the region. He made the remarks at the 2026 Niger Delta Economic and Investment Summit in Port Harcourt, questioning what productive assets had been created with the resources. WTO Director-General Dr Ngozi Okonjo-Iweala called for private-sector-led investment in critical minerals, agriculture, and the coastal economy to create jobs and improve living standards. The summit brought together stakeholders to discuss the region's economic future.

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