The Rivers State Government has reaffirmed its commitment to creating a transparent, predictable and investment-friendly business environment as part of efforts to drive economic growth and sustainable development.
Governor Siminalayi Fubara stated this on Friday at a Technical Workshop on Business-Enabling Reforms and Investment Competitiveness organised by the Presidential Enabling Business Environment Council (PEBEC) in collaboration with the Rivers State Investment Promotion Agency (RSIPA) in Port Harcourt.
Represented by the Secretary to the State Government, Dr Dagogo Wokoma, the governor said the administration remains focused on positioning Rivers State as a preferred destination for investment through policies and reforms that support business growth and economic prosperity.
According to him, Rivers State occupies a strategic position in Nigeria’s economy, supported by its vibrant population, abundant natural resources, strategic maritime assets and strong entrepreneurial culture.
“As one of Nigeria’s leading commercial and industrial hubs, Rivers State possesses enormous potential. Our responsibility is to transform these advantages into sustainable economic opportunities through deliberate reforms, strong institutions and effective governance,” he said.
Fubara noted that the government is committed to fostering an environment that attracts both domestic and foreign investors while promoting enterprise development and innovation across critical sectors of the economy.
He added that evidence from successful economies worldwide demonstrates that growth is accelerated when governments create enabling conditions for businesses to thrive, stressing that this principle continues to guide the state’s support for initiatives that promote investment, improve institutional coordination and enhance competitiveness.
The governor described the workshop as an important platform for stakeholders to identify challenges, share practical experiences and develop solutions aimed at strengthening the state’s investment ecosystem.
He said the forum would also help align government policies and programmes with global best practices while ensuring they remain responsive to local realities and developmental needs.
Speaking at the event, Director-General of PEBEC, Princess Zahrah Mustapha Audu, commended the Rivers State Government for providing a platform to engage stakeholders on business-enabling reforms and investment opportunities.
She said PEBEC, established by the Presidency, is focused on strengthening enterprises and unlocking economic opportunities across the country.
Audu reiterated the Federal Government’s commitment to implementing bold economic reforms aimed at boosting investor confidence and improving the nation’s business climate.
She emphasised that Nigeria’s economic transformation requires stronger alignment and collaboration among the federal, state and local governments.
Also speaking, Director-General of the Rivers State Investment Promotion Agency, Dr Peterside Chamberlain, said the agency’s mandate is to create an enabling environment where businesses can thrive, jobs are created and tax administration becomes more efficient for citizens and investors.
“We know that private sector investment is the driver of economic development and progress. We are working to make Rivers State the preferred investment destination,” he said.
