UNGA 81: Fubara showcases Rivers’ business potentials, woos investors

Governor Siminalayi Fubara has said Rivers State will take centre stage at the 81st United Nations General Assembly (UNGA 81) in New York, as his administration moves to showcase the state’s huge investment potential to the world.

Governor Fubara said the UNGA platform provides a unique opportunity to market Rivers State as Nigeria’s number one investment destination in oil and gas as well as other critical sectors.

Speaking with journalists on the sidelines of the conference in New York, the governor said the essence of his participation at the global meeting is to give visibility to Rivers State and showcase its economic endowments and woo investors to the state.

Fubara said: “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.

“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.

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

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

“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.

“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.

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

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