Fubara woos investors at UNGA 81

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Rivers State Governor, Siminalayi Fubara, has said the state will take centre stage at the 81st United Nations General Assembly in New York as his administration moves to showcase its investment potential and attract investors.

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Fubara said the UNGA platform provided a unique opportunity to market Rivers State as Nigeria’s leading investment destination in oil and gas, as well as other critical sectors.

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This was contained in a statement issued on Tuesday by the Chief Press Secretary to the governor, Onwuka Nzeshi, and sent to newsmen.

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Speaking with journalists on the sidelines of the conference in New York, the governor said his participation at the global meeting was aimed at giving visibility to Rivers State, showcasing its economic endowments and wooing investors to the state.

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“The issue is very simple. We’re trying to give visibility to the state and also showcase the areas where God has really endowed us in the oil and gas sector and other aspects of the state.

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“I strongly believe that at the end of this conference and other side meetings, business opportunities will be made open and presented to interested investors who might have very serious and immediate needs to come to our dear state, knowing full well the position of Rivers State in the oil and gas industry.

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“I also strongly believe that we are also going to make some inroads into financing and investment opportunities for our dear state,” he stated.

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Fubara explained that the investment drive at UNGA 81 was in line with the deliberate economic reforms of his administration, particularly the establishment of the Rivers State Investment Promotion Agency as a one-stop shop to facilitate and protect investments.

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“This is not different from what we have already done before in establishing what we call the Rivers State Investment Promotion Agency. What we are doing here will also aid the programme of that agency.

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“Overall, I will say that Rivers State will be visible and prominent in this conference, and we will come home with some good investments for our dear state,” he stated.

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The governor assured investors that Rivers State remained peaceful, stable and open for business, with vast opportunities in oil and gas, agriculture, the blue economy, manufacturing and renewable energy.

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Rivers State is among the Nigerian sub-nationals participating actively at UNGA 81, with engagements lined up with development finance institutions, multinational corporations and diaspora investors.

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