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November 23, 2024
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Gov Fubara commits to restore Rivers’ industrialized status

Rivers State Governor, Siminalayi Fubara, has expressed confidence that the ongoing two-day Economic and Investment Summit in the state would propel Rivers State to emerge as a premier investment destination, offering numerous economic opportunities for both domestic and global investors.

Speaking at the summit themed “Rivers Emerged: Pioneering Pathways to Economic Growth and Sustainability”, Governor Fubara highlighted his administration’s prioritization of security to facilitate ease of doing business in the state since assuming office.

He emphasized the state’s diverse investment potential across sectors such as oil and gas, agriculture, agro-processing, tourism, and education, underscoring his administration’s commitment to making Rivers State the best place to do business.

“Historically, Rivers State, especially Port Harcourt, was an established commercial center in Nigeria.

“The Trans-Amadi Industrial Layout hosted several thriving commercial and industrial concerns that created income, jobs and prosperity for our state and our people.

“Sadly, all these are now history as most of these industrial ventures in that estate have either closed shop or either become moribund.

“We have since lost our status as one of the industrialized states,” he said.

The governor promised to bring Rivers State to its industrialized status saying, “Building a resilient, robust and diversified economy holds the key to sustainable peace, security and progress of our state.

“We therefore commit to the re-industrialized of Rivers State, in partnership with the former and organized and private sector.

“I feel very optimistic that Rivers State will emerge from this summit and position itself as a premier investment destination, offering boundless economic opportunities for domestic and global investors.”

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