Delta State has recorded a major increase in internally generated revenue, with collections rising from about ₦84 billion in 2023 to more than ₦200 billion, as the state government continues to implement economic reforms and diversification policies under Governor Sheriff Oborevwori.
The achievement was highlighted during a visit by a delegation from the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), which assessed the state's efforts to broaden its economic base and strengthen revenue generation.
According to the state government, the increase represents a growth of over 138 per cent and reflects the success of measures introduced to boost non-oil revenue sources and improve fiscal sustainability.
The government said the development was brought to the fore during the commission’s assessment exercise in Asaba, where officials reviewed ongoing initiatives aimed at expanding economic opportunities and reducing dependence on federal allocations.
During the visit, members of the RMAFC delegation reportedly praised the state’s commitment to economic diversification, particularly its investments in agriculture, industrial development, innovation and other productive sectors outside the oil industry.
The commission described Delta’s approach as a practical model for states seeking to build stronger and more resilient economies capable of generating sustainable long-term growth.
Governor Oborevwori’s MORE Agenda—Meaningful Development, Opportunities for All, Realistic Reforms and Enhanced Peace and Security—has prioritised infrastructure development, economic expansion, job creation and improved public service delivery since the administration assumed office in May 2023.
The state government noted that economic diversification remains a central component of its development strategy, aimed at enhancing revenue generation while reducing exposure to fluctuations in oil earnings.
As states across the country seek alternative sources of income amid growing fiscal pressures, Delta has intensified efforts to stimulate growth in sectors capable of creating jobs, attracting investment and increasing government revenue.
The Revenue Mobilisation Allocation and Fiscal Commission, which is responsible for monitoring revenue accruals and advising governments on fiscal matters, said initiatives that expand non-oil revenue sources are critical to achieving sustainable economic development and long-term financial stability.
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