Rivers State Governor Siminalayi Fubara has announced the establishment of a new investment promotion agency aimed at streamlining investment activities in the state. The agency, created under Executive Order 002 of 2024, was established following recommendations from the state’s economic summit.
Fubara described the agency as a “one-stop-shop” designed to handle all investment-related activities, ensuring that investors have a central point for inquiries and business interests. He emphasized that this initiative will eliminate the confusion and inefficiencies previously faced by new investors, providing them with clear, direct access to the right authorities and information.
The governor highlighted that the agency will facilitate robust business opportunities, particularly in the healthcare and agriculture sectors, aligning with the state’s goals to address food security issues and improve the cost of living for its residents.