Governor Hubara Advocates for a Transparent Business Environment in Rivers State
Rivers State Governor Siminalai Hubara has reaffirmed his administration’s commitment to fostering a transparent, predictable, and investment-friendly business climate aimed at stimulating economic growth and sustainable development.
Speaking at a technical workshop focused on business-enabling reforms and investment competitiveness, which was organized by the Presidential Business Environment Council (PEBEC) in partnership with the Rivers State Investment Promotion Authority (RSIPA) in Port Harcourt, Hubara emphasized the importance of strategic reforms.
Representing Dr. Dagogo Wokoma, the Secretary to the State Government, Hubara outlined his administration’s efforts to position Rivers State as a leading investment destination through targeted policies that encourage both local and foreign investment.
Highlighting Rivers State’s unique economic advantages, he noted its vibrant population, abundant natural resources, strategic maritime assets, and a robust entrepreneurial culture as key factors that contribute to its potential for growth.
As a crucial commercial and industrial hub within Nigeria, Hubara stressed the importance of translating these inherent advantages into sustainable economic opportunities. This endeavor requires deliberate reforms, strong institutions, and effective governance to ensure long-term prosperity.
The governor reiterated his administration’s dedication to creating an environment that not only attracts international investors but also nurtures business development and innovation across critical sectors of the economy.
He shared insights from successful economies worldwide, indicating that governmental support plays a vital role in creating conditions conducive to business success. This foundational understanding continues to drive the state’s initiatives aimed at enhancing investment, improving institutional coordination, and bolstering economic competitiveness.
Describing the technical workshop as a significant platform for stakeholders, Hubara noted its role in assessing challenges, sharing practical experiences, and formulating solutions to strengthen the state’s investment ecosystem.
The workshop aims to align governmental policies with global best practices, ensuring responsiveness to local realities and development needs. PEBEC Executive Director Zarah Mustapha Odu expressed appreciation for the Rivers State Government’s initiative to educate stakeholders on crucial business reforms and investment opportunities aimed at unlocking economic potential across Nigeria.
Mr. Audu reiterated the Federal Government’s commitment to implementing comprehensive economic reforms designed to enhance investor confidence and foster a robust business environment. He underscored the necessity of collaboration among federal, state, and local governments to achieve Nigeria’s economic transformation.
Dr. Peterside Chamberlain, Chairman of the Rivers State Investment Promotion Agency, emphasized the agency’s mandate to create an atmosphere conducive to business operations, job creation, and efficient tax collection, ultimately benefiting citizens and elevating the state’s economic standing.
