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    MarketForces Africa » MarketForces News » Rivers Investment Promotion Agency Melting pot for Investors- Fubara

    Rivers Investment Promotion Agency Melting pot for Investors- Fubara

    Olu AnisereBy Olu AnisereAugust 6, 2024 News No Comments2 Mins Read
    Rivers Investment Promotion Agency Melting pot for Investors- Fubara
    Gov. Fubara
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    Rivers Investment Promotion Agency Melting pot for Investors- Fubara

    Gov. Siminalayi Fubara of Rivers, has said that the state investment promotion agency will be a melting point for investment related activities in the state.

    Fubara told newsmen in Port Harcourt on Tuesday that the executive order establishing the agency was an outcome of the state economic submit.

    It would be recalled that Fubara, on Monday signed the Executive Order 002 of 2024 aimed at establishing the Rivers State Investment Promotion Agency.

    “The agency is part of the recommendations in the report of the economic and investment summit held in the state in May.

    “That economic submit provided a veritable platform for us to discuss ways of opening the state up for economic advancement.

    “So the investment promotion agency will be a one-stop-shop to seamlessly handle investment related activities in the state,” he said.

    He said that the agency will coordinate the inquiries and business interests expressed by investors who consider the state a good destination.

    According to the governor, investors will now have an official central point to make investment inquiries upon arrival in the state.

    “The time when new investors fall into wrongs hands is over. With this agency, investors will get the required answers from the right source.

    “Their concerns will also be addressed by the right authorities. They don’t need to start running around as done in the past,” he said.

    The governor said that with the agency on stream, the state was looking forward to robust business deals, especially in healthcare and agriculture sectors.

    “Part of the challenge in the country now is food, our interest is to reduce the cost of living and improve the wellbeing of our people. #Rivers Investment Promotion Agency Melting pot for Investors- Fubara

    Benin Gets $60m Concessional Loan to Boost Economic Growth

    Gov. Fubara Rivers state
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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