Rivers State Governor, Siminalayi Fubara, participated in the 81st United Nations General Assembly (UNGA 81) in New York, where he showcased the state's investment potentials and wooed local and international investors. Fubara highlighted Rivers' strategic position in Nigeria's oil and gas industry, emphasizing the state's economic endowments. The governor's participation aimed to open up business opportunities and attract financing to the state. He expressed confidence that the conference would yield new investment opportunities for Rivers State.

Fubara's investment drive aligns with his administration's economic reforms, particularly the establishment of the Rivers State Investment Promotion Agency (RSIPA). The agency serves as a one-stop shop for facilitating and protecting investments in the state. The governor's engagements at UNGA 81 complemented RSIPA's activities, strengthening the state's efforts to attract investments. Fubara assured prospective investors that Rivers State is peaceful, stable, and open for business.

The governor highlighted various sectors with investment opportunities in Rivers State, including oil and gas, agriculture, blue economy, manufacturing, and renewable energy. He emphasized the state's potential for growth and development, given its strategic position in Nigeria's economy. Fubara's presentation aimed to showcase Rivers State as a major investment destination.

During the conference, Fubara engaged with development finance institutions, multinational corporations, and diaspora investors. The state is among the Nigerian sub-nationals participating actively in UNGA 81. The governor expressed optimism that Rivers State would return home with new investment opportunities.

Fubara's participation in UNGA 81 demonstrates the state's commitment to promoting economic growth and development. The governor's investment drive seeks to leverage the state's natural resources and strategic position to attract investors. He emphasized the importance of visibility for Rivers State, highlighting its economic endowments.

The Rivers State government has taken steps to create a conducive business environment, with the establishment of RSIPA. The agency aims to facilitate and protect investments in the state, providing a one-stop shop for investors. Fubara's administration is committed to promoting economic growth and development in the state.

Fubara's attendance at UNGA 81 has provided a platform for Rivers State to showcase its investment potentials and engage with prospective investors. The governor's efforts aim to attract financing and investment opportunities to the state, promoting economic growth and development.

Key points

  • Rivers State Governor Siminalayi Fubara showcased the state's investment potentials at UNGA 81 to attract investors.
  • The state has investment opportunities in oil and gas, agriculture, blue economy, manufacturing, and renewable energy.
  • Fubara's investment drive aligns with the state's economic reforms, including the establishment of RSIPA.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.