Rivers State Pledges Investment-Friendly Reforms to Boost Economic Growth

The Rivers State Government has reaffirmed its commitment to establishing a transparent, inclusive, and predictable business environment to attract local and international investments and drive sustainable development.

Speaking at a technical workshop on business-enabling reforms and investment competitiveness on Friday, Governor Siminalayi Fubara highlighted the state’s strategic role as a primary commercial and industrial hub in Nigeria. The event was organized by the Presidential Enabling Business Environment Council (PEBEC) in partnership with the Rivers State Investment Promotion Agency.

Represented by the Secretary to the State Government, Dr. Dagogo Wokoma, Governor Fubara noted that the administration is focused on transforming the state’s natural resources, strategic maritime assets, and vibrant workforce into tangible economic opportunities through strong governance and targeted regulatory changes.

“Our responsibility is to transform these advantages into sustainable economic opportunities through deliberate reforms, strong institutions, and effective governance,” the governor said, noting that successful global economies consistently accelerate growth by providing optimal conditions for private enterprises.

The Director General of PEBEC, Zahrah Mustache Audu, expressed appreciation to the state government for facilitating the collaboration, emphasizing that national economic transformation requires deep alignment across federal, state, and local government levels. She reiterated the federal government’s dedication to implementing bold reforms aimed at unlocking economic potential and stabilizing investor confidence across the country.

Dr. Peterside Chamberline, Director General of the Rivers State Investment Promotion Agency, outlined the agency’s primary mission to simplify tax processes, foster job creation, and ease operational friction for businesses. He added that making Rivers State a preferred investment destination remains central to driving long-term progress, as private sector investment is the chief engine of economic development.