Former Managing Director of the Niger Delta Development Commission (NDDC), Chief Timi Alaibe, has called for a fundamental transformation of the Niger Delta’s economic structure, urging the region to move beyond dependence on crude oil and build a more integrated economy driven by production, value addition, logistics, trade and investment.
Alaibe made the call during a panel session at the three-day Niger Delta Economic and Investment Summit 2026 in Port Harcourt, where he argued that more than six decades of petroleum extraction had not translated sufficiently into broad-based development across many communities in the oil-producing region.
The summit, organised by the Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA), is themed “Driving Investment, Innovation and Industrial Growth in the Niger Delta.” It brought together political leaders, business executives, development institutions and other stakeholders to examine strategies for strengthening investment and industrial development across the region.
From Resource Extraction to Value Creation
Alaibe, who also served as Special Adviser on Niger Delta Affairs, was the lead speaker on “Regional Trade Integration and Infrastructure Competitiveness: Unlocking the Niger Delta’s Economic Potential.”
He argued that the Niger Delta’s strategic location, natural resources and history of commerce provide the foundation for a much broader economic future beyond petroleum.
“For more than six decades, this region has connected Nigeria’s natural resources to the global economy. The question before us is whether we can convert that strategic position into something broader and more enduring: a competitive regional economy built on production, trade and investment.”
According to him, the region’s economic future should increasingly be defined by what it produces, processes, transports and sells, rather than simply what is extracted from beneath its soil and waters.
He called for the Niger Delta to be viewed as an interconnected economic space, rather than as separate jurisdictions pursuing largely independent development projects.
Reconnecting the Region to Its Trading Heritage
Alaibe also placed the region’s economic transformation in historical context, noting that the Niger Delta had established trading links with international markets long before the discovery of crude oil.
Palm oil and other commodities once moved through the region’s extensive waterways to markets beyond Nigeria, demonstrating, he said, that the Niger Delta’s connection to global commerce predates the petroleum era.
“Petroleum did not create the Niger Delta’s connection to the global economy. It changed the commodity.”
He cited Aba and the Ariaria International Market in Abia State as examples of the entrepreneurial and manufacturing capacity that still exists within the broader Niger Delta region.
The challenge, he said, is to connect such productive centres to reliable infrastructure, affordable finance and larger domestic and international markets.
AfCFTA and the Opportunity for Regional Businesses
Alaibe noted that the African Continental Free Trade Area (AfCFTA) presents businesses in the Niger Delta with access to a significantly larger African market.
However, he cautioned that participation in a continental trade framework alone would not automatically make businesses competitive.
He identified high logistics costs, unreliable transportation, customs procedures, product standards, limited trade finance, and delays at borders among the challenges that could restrict the ability of businesses in the region to compete effectively.
He called for deliberate regional planning and stronger coordination among governments, businesses and development institutions to address these constraints.
Building Economic Corridors
A major focus of Alaibe’s presentation was the need to rethink infrastructure development across the Niger Delta.
He argued that roads, ports, airports and other infrastructure should no longer be treated as isolated projects but as components of interconnected economic corridors linking production centres with processing facilities, logistics hubs and markets.
“We must stop approaching infrastructure as isolated projects and begin developing economic corridors that connect production centres to processing facilities, logistics platforms and markets.”
According to him, this approach would enable infrastructure investment to contribute more directly to commerce, productivity and job creation.
He proposed stronger economic linkages between agricultural and industrial centres and major gateways including Onne, Port Harcourt, Warri and Calabar, supported by efficient road networks, waterways, aviation services, warehousing and cargo-clearance systems.
Unlocking the Niger Delta’s Blue Economy
Alaibe also highlighted the enormous potential of the Niger Delta’s rivers, creeks and coastline, advocating their development as commercial transportation and economic corridors.
He proposed investments in modern jetties, terminals, navigational systems and barging operations, noting that improved inland and coastal water transportation could help reduce logistics costs while creating opportunities in fisheries, aquaculture, marine engineering, ship repair and coastal tourism.
“If Nigeria is serious about the Blue Economy, the Niger Delta should become its principal investment laboratory.”
He pointed to the region’s combination of coastline, waterways, ports, maritime communities and existing petroleum infrastructure as assets that could support a broader maritime economy.
Security as Economic Infrastructure
The former NDDC chief also emphasised the connection between security and economic development.
He argued that insecurity can increase insurance and logistics costs, discourage long-term investment and affect the competitiveness of businesses operating in vulnerable communities.
For that reason, he said, security should be considered an integral component of the region’s economic infrastructure, alongside effective governance and consistent implementation of development programmes.
From Plans to Implementation
Alaibe further stressed the importance of moving beyond policy formulation to effective implementation.
“Plans continue to be planned until they are implemented.”
He called for greater institutional capacity and sustained commitment to implementing regional development plans, while also emphasising investments that directly improve the lives and economic opportunities of citizens.
According to him, major infrastructure projects should be complemented by investments in education, healthcare, skills development and access to economic opportunities.
Such an approach, he argued, would help ensure that economic development is reflected not only in major projects and infrastructure but also in improvements in household welfare and livelihoods.
A New Economic Vision for the Niger Delta
Alaibe said the region’s long-term objective should be to reconnect its historic culture of commerce with modern production systems, infrastructure, finance and markets.
“Our task is not to teach the Niger Delta how to trade. Our task is to reconnect its historic trading instinct to modern production, modern infrastructure and modern markets.”
He argued that such an approach could support the development of the Niger Delta as a major production platform, logistics gateway and trading corridor serving West and Central Africa.
His presentation generated strong engagement among summit participants, with regional integration, infrastructure competitiveness and effective implementation emerging as important themes in discussions about the Niger Delta’s economic future.
Alaibe also underscored the importance of sustained implementation of the Niger Delta Regional Development Master Plan, stressing that successive policy frameworks should translate into concrete programmes and measurable development outcomes across the region.