Under the presidency of Obi Chief Chinwe Monu-Oduah Esq., the Asaba Chamber of Commerce, Industry, Mines and Agriculture (ASACCIMA) has transitioned from a traditional business association into a high-impact catalyst for the Delta State economy. Throughout late 2025 and into early 2026, the Chamber has focused on the two most critical overheads for any Nigerian business: Power and Taxation.
1. Decentralizing Power: The New Electricity Act
In November 2025, ASACCIMA took the lead in demystifying the Delta State Electricity Law. Recognizing that high energy costs are the single greatest threat to SME survival, the Chamber’s “Power Act” unveiling provided a roadmap for:
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Localized Generation: Empowering Delta entrepreneurs to explore decentralized energy solutions.
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Reduced Overheads: Translating the new Act into more affordable and reliable power for the manufacturing and service sectors.
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Energy Partnerships: Creating a “handshake zone” between emerging energy providers and the SME cluster in Asaba.
2. Tax Literacy: Preparing for the 2026 Regime
Anticipating the national tax shift scheduled for January 2026, ASACCIMA hosted a massive Tax Law Sensitization Programme. The initiative specifically targeted the “grassroots economy”—artisans, traders, and shop owners—to move them from a state of anxiety to one of compliance.
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Clarity over Fear: The programme focused on clear business categorization and the benefits of the new compliance systems.
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Risk Mitigation: By educating members on the new requirements, the Chamber is helping businesses avoid the heavy penalties often associated with regulatory ignorance.
3. National Recognition and Global Links
The Chamber’s rapid progress earned a high-level working visit from the NACCIMA National President, Engr. Jali Ibrahim, mni. This visit secured several strategic wins for Delta-based businesses:
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Single-Digit Loans: A commitment from NACCIMA to help ASACCIMA members access low-interest credit facilities.
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The Export Bridge: Plans to link the Chamber directly to the Nigerian Export Promotion Council (NEPC) to support the branding and export of “Made in Delta” goods.
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Certification Support: Addressing the “Certification Gap” by helping members attain necessary SON and NAFDAC stamps of quality.
The Bottom Line
Obi Chief Monu-Oduah’s leadership has proven that a local chamber of commerce can function as a powerful bridge between grand government policies and the daily “hustle” of the entrepreneur. By focusing on power, tax, and export readiness, ASACCIMA is ensuring that Delta State is not just a participant in the 2026 economy, but a leader in it.
