Governor Siminalayi Fubara of Rivers State has reaffirmed his administration’s commitment to creating a transparent, predictable and investor-friendly business environment as part of efforts to position the state as one of Nigeria’s leading destinations for investment and economic growth.
The governor said sustained reforms aimed at improving the ease of doing business were central to his administration’s economic agenda and would help unlock the state’s vast economic potential.
Fubara, who spoke on Friday in Port Harcourt at a Technical Workshop on Business-Enabling Reforms and Investment Competitiveness organised by the Presidential Enabling Business Environment Council (PEBEC) in collaboration with the Rivers State Investment Promotion Agency (RSIPA), said Rivers possesses the ingredients required to become a major investment destination.
Represented by the Secretary to the State Government, Dr. Dagogo Wokoma, the governor said Rivers occupies a strategic position in Nigeria’s economy, given its vibrant population, abundant natural resources, strategic maritime assets and thriving entrepreneurial culture.
“As one of Nigeria’s leading commercial and industrial hubs, Rivers State possesses enormous potential. Our responsibility is to transform these advantages into sustainable economic opportunities through deliberate reforms, strong institutions and effective governance,” he said.
He noted that global experience has shown that economies grow faster when governments create enabling conditions for businesses to flourish, stressing that his administration would continue to support initiatives that promote investment, strengthen institutional coordination and improve economic competitiveness.
Fubara described the workshop as an important platform for stakeholders to interrogate existing challenges, exchange practical experiences and evolve solutions capable of strengthening the state’s investment ecosystem.
According to him, the forum would also help align government policies and programmes with global best practices while ensuring they remain responsive to local realities and development needs.
Director-General of PEBEC, Princess Zahrah Mustapha Audu, commended the Rivers State Government for partnering with the council to deepen awareness of business-enabling reforms and investment opportunities.
She said PEBEC, established by the Presidency, was committed to strengthening enterprises and unlocking economic opportunities across the country through policy reforms designed to improve the business climate.
Audu reiterated the federal government’s commitment to implementing bold economic reforms aimed at boosting investor confidence, stressing that Nigeria’s economic transformation would require strong collaboration among the federal, state and local governments.
Also speaking, Director-General of the Rivers State Investment Promotion Agency, Dr. Peterside Chamberline, said the agency’s mandate was to create an environment where businesses can thrive, jobs are created and citizens can easily conduct economic activities.
“We know that private sector investment is the driver of economic development and progress. We are creating and making Rivers State the preferred investment destination,” he said.
The workshop comes amid increasing competition among sub-national governments to attract private capital and diversify their economies, with business-friendly reforms now seen as critical to driving investment, job creation and sustainable development.
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