By Anne Azuka
Delta State Governor Sheriff Oborevwori on Thursday expressed his administration’s commitment to collaborating exclusively with investors dedicated to the state’s overall development. Oborevwori made this statement during a meeting with Metwest Steel Limited’s Chairman, Mr. Arun Goswami, and the company’s Managing Director, Mr. Osaro Adusomnwan, held at Government House in Asaba.
Governor Oborevwori emphasized that while some investors may seek only personal gains from state partnerships, his administration is determined to align with investors focused on mutually beneficial outcomes.
“Last month, I visited your factory and the Delta Free Trade Zone in Kwale for an on-site assessment,” he stated. “There are many who want to invest merely to see what they can gain from the government without giving back. We are not interested in partnering with investors who think solely about what they can take from the government.”
He further explained the need for a balanced public-private partnership, where both parties bring valuable contributions to the table. “We are ready to continue if the terms align with our vision,” Oborevwori assured.
Regarding Metwest Steel’s requests about the Free Trade Zone, he promised that his administration would thoroughly assess them. “If we release our equity, we need a clear timeline for the factory’s successful launch at Kwale Industrial Park. Many investors set timelines but fail to follow through. We need you to establish a realistic schedule because we are prepared to commit our equity,” the governor stated, pledging to address all pending issues.
The governor thanked Metwest Steel for their interest in Delta, emphasizing the importance of such investments in generating jobs and reducing unemployment.
Mr. Goswami, the company’s chairman, affirmed that the project, set within the Delta State Free Trade Zone in Kwale, represents a significant investment. He assured the governor that, with adequate support, the plant would be operational within eight months, creating 500 direct jobs initially and over 7,000 direct jobs within six years, alongside many indirect job opportunities.
Mr. Goswami also highlighted the potential boost to Delta’s Internally Generated Revenue (IGR), adding, “We hope for the state government’s favorable consideration as this project aligns with the vision of making Delta an energy-driven industrial hub.”
