On Monday, Rivers State Governor Siminalayi Fubara signed Executive Order Number 2, 2024, to establish the Rivers State Investment Promotion Council. The draft order was presented to the Governor by the State Attorney General and Commissioner for Justice, Dagogi Iboroma, during a session at the executive council chamber in Government House, Port Harcourt.
Governor Fubara noted that this initiative aligns with the recommendations from the State Economic and Investment Summit held in May. He highlighted the importance of creating a centralized platform for investors to make inquiries and receive guidance on investment opportunities in the state.
This move is part of his administration’s broader efforts to enhance the economic environment in Rivers State, making it more attractive and accessible for both local and international investors.
He announced that the agency’s board will be formed in the coming days and expressed optimism about attracting robust investments in agriculture and healthcare.
According to him, the tension being faced in the country will be reduced by 70% if the cost of living is drastically reduced.
