In a release signed by Chief Press Secretary Nelson Chukwudi, Rivers State Governor Sir Siminalayi Fubara has signed Executive Order No. 002 of 2024 to establish the Rivers State Investment Promotion Agency.
This move aims to streamline the influx of investor inquiries and interests in the state, marking a significant step toward economic advancement.
The Executive Order was presented to Governor Fubara by the State Attorney General and Commissioner for Justice, Dagogo Israel Iboroma, SAN, at the Executive Council Chambers in Port Harcourt.
The Governor highlighted that this initiative stems from recommendations made during the Rivers State Economic and Investment Summit in May, which served as a platform for economic growth.
Governor Fubara emphasized that the new agency will act as a one-stop shop for investors, ensuring a smooth and efficient process, and protecting them from potential pitfalls.
He reiterated his administration's commitment to making Rivers State economically prosperous and outlined plans for the agency's full implementation in the coming days.
Attorney General Iboroma noted that the agency will harness the summit's gains and foster investment through various means, including public-private partnerships and enterprise development schemes.
