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Friday, November 15, 2024

“Governor Fubara Vows to Revitalize Rivers State’s Industrial Sector”

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Governor Siminalayi Fubara of Rivers State delivered a compelling message during the ongoing two-day Economic and Investment Summit, expressing his confidence in the potential of the state to become a leading investment destination. Under the theme “Rivers Emerged: Pioneering Pathways to Economic Growth and Sustainability,” Governor Fubara emphasized his administration’s commitment to fostering a conducive business environment, particularly by prioritizing security.

Highlighting the state’s rich investment potential across various sectors such as oil and gas, agriculture, agro-processing, tourism, and education, the governor underscored his administration’s dedication to positioning Rivers State as an ideal hub for business activities. He lamented the decline of the state’s industrial sector, referencing the once-thriving Trans-Amadi Industrial Layout, which has seen many businesses close or become inactive over the years.

Governor Fubara acknowledged the historical significance of Rivers State, especially Port Harcourt, as a commercial center in Nigeria, and expressed determination to revitalize its industrial status. He stressed the importance of building a resilient, diversified economy for sustainable peace, security, and progress in the state. The governor promised to collaborate with both the public and private sectors to achieve this goal, emphasizing the need for partnerships to drive economic growth and development.

In conclusion, Governor Fubara expressed optimism that the Economic and Investment Summit would serve as a catalyst for Rivers State to emerge as a premier investment destination, offering abundant economic opportunities for both local and international investors. His commitment to restoring the state’s industrial glory reflects a proactive approach to addressing economic challenges and fostering sustainable development.

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