– Vow to make Rivers economically great
Mkpoikana Udoma
Port Harcourt — Rivers State Governor, Sir Siminalayi Fubara, on Monday, signed an Executive Order for the establishment of an investment agency that will coordinate inquiries and business interests expressed by investors who consider the State as a destination of first choice.
Governor Fubara signed the Executive Order No. 002 of 2024 for the establishment of the Rivers State Investment Promotion Agency when it was presented to him by the State Attorney General and Commissioner for Justice, Dagogo Iboroma, SAN, at the Government House in Port Harcourt.
The governor explained that what he has just done is to give force to one of the recommendations in the report submitted to him by the committee who handled the organization of the Rivers State Economic and Investment Summit in May.
Fubara pointed out that beyond organizing the summit, his administration is showing that it can live up to fulfilling its promise of making Rivers State great again, economically.
He assured that he would not only end with the signing of the Executive Order alone but will drive it to a conclusive end to achieve the desired fulfillment that Rivers people expect.
He said, “We are not going to end here. In a couple of days, the agency will be properly constituted. Now that we have the agency Order signed, we are set to deliver to the good people of Rivers State and prospective investors; the other part of it will soon commence.
“We are looking forward to robust business deals that will be coming into our State, more especially in the area of healthcare and agriculture.
“We understand what is happening in our country today. Half of the trouble is about the issue of feeding: the high cost of living. If we can reduce the cost of living, about 70 percent of our problems would have been taken care of. And that is our dream and desire for Rivers people,” he added.
Governor Fubara thanked the Attorney General and Commissioner for Justice, Dagogo Iboroma, SAN, and other members who had assisted in making sure the recommendations in the committee’s report were implemented.
Presenting the Executive Order No. 002 of 2024 for the establishment of Rivers State Investment Promotion Agency to the Governor, the Attorney General and Commissioner for Justice, Dagogo Iboroma, SAN, explained that the agency will be a bold step towards harvesting the gains of the last Economic and Investment Summit.
Iboroma said, “On the 22nd and 23rd of May, 2024, Rivers State Government held the Rivers State Economic and Investment Summit. That investment summit was the first of its kind in Rivers State and it was a huge success.
“To harness the gains of that Economic and Investment Summit, there must be a vehicle to drive, promote, coordinate and create a conducive environment for investment development in Rivers State.
“This will be done through greenfield, brownfield, Public-Private Partnership, Privatisation, commercialization of State-owned assets and concessions, enterprise development schemes, etc.”
