Rivers is ready for business, says Fubara

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Rivers State Economic And Investment Summit 2024 Nyheter

Siminalayi Fubara

Amid the political upheaval in Rivers State, Gov. Siminalayi Fubara, yesterday, declared to the investment community that the state is ready

for business, calling on investors to pour in for the impressive opportunities for high returns. for business, calling on investors to pour in for the impressive opportunities for high returns.

The state chief executive, however, assured that his administration is open and ready to work with investors and industrialists to restore its lost glory. He insisted that Rivers offers much more than oil and gas in the efforts to reboot the economy. His administration, he said, has embarked on comprehensive reforms to improve the ease of doing business and make the business climate friendlier.

“We are also working on the harmonisation of state and local government taxes to eliminate double taxation and the imposition of multiple levies on investors,” he told the participants. “We flare is enough to sustain a hundred and seventy of such plants in this state alone. We have got to make the treasure work for all of us. And that is the challenge of this summit,” he said.

for business, calling on investors to pour in for the impressive opportunities for high returns.Of the $15 billion startup investment flow to Africa since 2019, Nigeria got received close to 30 per cent, which amounted to $4.4 billion.

 

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