Rivers State Governor, Siminalayi Fubara, on Monday signed Executive Order Number 2, 2024, to establish the Rivers State Investment Promotion Council.
The State Attorney General and Commissioner for Justice Dagogi Iboroma presented the draft order to Governor Fubara for approval at the executive council chamber of Government House, Port Harcourt.
During his speech, Governor Fubara stated that this move is in line with the committee’s recommendations, which were made in order to plan the State Economic and Investment Summit in May.
He emphasised the importance of having a one-stop shop for investors to make inquiries and receive advice on investments.
According to Governor Fubara, the project shows how committed his administration is to improving the state’s economic climate.
He gave an update on the formation of the agency’s board and expressed hope for securing significant investments in healthcare and agriculture.
According to him, the tension being faced in the country will reduce by 70% if the cost of living is drastically reduced.
