▪︎Governor Fubara signs the Executive Order No. 002 of 2024 for the establishment of the Rivers State Investment Promotion Agency , in Port Harcourt, on Monday.
Rivers State governor, Sir Siminalayi Fubara, has called on prospective investors to liaise with the Rivers State Investment Promotion Council for seamless investments in the State.
Fubara made the call, yesterday, when he signed the Executive Order Number 2, 2024, to establish the Rivers State Investment Promotion Council in Port Harcourt.
The governor explained that what he has done is to give force to one of the recommendations in the report submitted to him by the committee that handled the organisation of the Rivers State Economic and Investment Summit in May.
Governor Fubara said that the investment agency will coordinate business interests expressed by investors who now consider the state as a destination of choice.
He said it is undisputed that the summit served as a veritable platform to open up the state for economic advancement, adding that the investment promotion agency will be a one-stop-shop to handle all related activities seamlessly in the State.
Governor Fubara said: “This will enable investors, when they come in; they won’t need to run around, and maybe, fall into wrong hands or associations that will want to reap them off their investment stakes.
“With this, they will have an agency that they could go to, liaise with and the agency will have the required answers to whatever it is that they will need to address concerns before it.”
He said in a couple of days, the agency will be properly constituted.