The Rivers State Government has reaffirmed its commitment to creating a stable and investor-friendly environment to boost economic growth, job creation, and sustainable development, Mediaplusng.com reports.
The assurance was given at a business and investment summit in Port Harcourt, attended by business leaders, government officials, and representatives of financial institutions. The summit focused on strategies to improve the state’s business climate despite ongoing political volatility.
Representing Governor Siminalayi Fubara, Deputy Governor Prof. Ngozi Odu described the summit as timely, emphasizing that innovation, investment, and collaboration are key to unlocking the state’s vast but largely untapped economic potential. Mediaplusng.com adds that she stressed strong partnerships between the government and private sector as essential for sustainable growth.
Ibifiri Bob-Manuel, President of the Rivers Entrepreneurs and Investors Forum, highlighted that the state’s economy remains fragile when federal allocations are excluded, despite abundant natural resources and strategic advantages. He urged political leaders to set aside differences to ensure policy consistency and cooperation for private sector growth.
The keynote address by Bello Abubakar, Managing Director of the Nigerian Export-Import Bank, focused on “Ease of Doing Business: The Role of Government.” He stressed that supportive policies, institutional reforms, and improved access to funding are crucial for boosting investment and promoting export-led economic growth.
Organized by the Rivers Entrepreneurs and Investors Forum, the summit included panel discussions involving government officials, entrepreneurs, and investors, all calling for Rivers State to be repositioned as a top destination for business and investment.
