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Rivers govt establishes Investment Promotion Agency

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Rivers State Governor Siminalayi Fubara has signed Executive Order No. 002 of 2024 to establish the Rivers State Investment Promotion Agency. The new agency will manage the increasing number of inquiries and business interests from investors who view the state as a prime destination.

Governor Fubara signed the order on Monday at the Executive Council Chambers in Port Harcourt, following its presentation by the State Attorney General and Commissioner for Justice, Dagogo Israel Iboroma, SAN. He highlighted that this action aligns with recommendations from the Rivers State Economic and Investment Summit held in May, which aimed to promote economic advancement in the state.

“Now that we have the agency order signed, we are set to deliver to the good people of Rivers State and prospective investors; the other part of it will soon commence. 'We are looking forward to robust business deals that will be coming into our State, more especially in the area of healthcare and agriculture. 'We understand what is happening in our country today. Half of the trouble is about the issue of feeding: the high cost of living.

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