Governor Siminalayi Fubara of Rivers State is leading the state's investment drive at the 81st United Nations General Assembly (UNGA 81) in New York. He aims to showcase the state's huge investment potential to the world, particularly in oil and gas, as well as other critical sectors. The governor believes that the UNGA platform provides a unique opportunity to market Rivers State as Nigeria's number one investment destination.
Speaking with journalists on the sidelines of the conference, Governor Fubara explained that the essence of his participation at the global meeting is to give visibility to Rivers State and showcase its economic endowments. He wants to woo investors to the state and create business opportunities. The governor highlighted that Rivers State has been endowed with vast resources, particularly in the oil and gas sector.
Governor Fubara's investment drive at UNGA 81 aligns with his administration's deliberate economic reforms, particularly the establishment of the Rivers State Investment Promotion Agency (RSIPA). The agency serves as a one-stop shop to facilitate and protect investments. The governor stated that his participation at the conference will aid the programme of RSIPA and attract investors to the state.
The governor assured investors that Rivers State remains peaceful, stable, and open for business. He highlighted vast opportunities in various sectors, including oil and gas, agriculture, blue economy, manufacturing, and renewable energy. Governor Fubara expressed confidence that Rivers State will be visible and prominent at the conference and will attract good investments.
Rivers State is among the few Nigerian sub-nationals participating actively at UNGA 81. The state has engagements lined up with development finance institutions, multinational corporations, and diaspora investors. Governor Fubara's participation at the conference demonstrates his administration's commitment to promoting the state's economic interests.
Governor Fubara's investment drive is expected to yield results, with business opportunities and financing prospects likely to be presented to interested investors. The governor expressed optimism that the conference will lead to tangible investments in the state. He emphasized that Rivers State is poised to become a major player in Nigeria's economy.
The governor's efforts to promote Rivers State's investment potential are part of a broader strategy to drive economic growth and development in the state. With its vast resources and strategic location, Rivers State is well-positioned to attract investors and become a hub for economic activity in Nigeria. Governor Fubara's participation at UNGA 81 marks a significant step in this direction.
Key points
- Governor Siminalayi Fubara leads Rivers State investment drive at UNGA 81 in New York.
