Determined to make a difference in governance, Rivers State Governor, Sir Siminalayi Fubara, has signed an Executive Order aimed at the establishment of an investment agency. This initiative is poised to coordinate the growing number of enquiries and business interests expressed by local and foreign investors who now consider the state a destination of first choice. The Governor has endorsed Executive Order No. 002 of 2024, establishing the Rivers State Investment Promotion Agency (RIPA), presented by the Attorney General and Commissioner for Justice, Dagogo Israel Iboroma, SAN.
The Governor explained that what he had just done was to give force to one of the recommendations in the report submitted to him by the committee that handled the organisation of the Rivers State Economic and Investment Summit in May. He said it was undisputed that the summit served as a veritable platform to open up the state for economic advancement, adding that the Investment Promotion Agency would be a one-stop shop to handle all related activities seamlessly in the state.
Fubara said: “This will enable investors, when they come in; they won’t need to run around, and maybe, fall into wrong hands or associations that will want to rip them off their investment stakes. With this, they will have an agency that they could go to, liaise with and the agency will have the required answers to whatever it is that they will need to address concerns before it.”
It is common knowledge that Rivers State is rich in natural resources and has a thriving economy primarily driven by oil and gas. However, beyond these industries, there is an abundance of other untapped opportunities in agriculture, tourism, and technology. Yet, despite its wealth of resources, the state has faced numerous challenges such as infrastructural deficits, poor governance in the past, and an economy heavily reliant on oil. As a result, diversifying the economy has become obligatory.
This development is a significant step towards making Rivers State a premier investment destination, with the Agency expected to play a critical role in attracting and retaining businesses, creating jobs, and driving economic growth. Fubara’s action points to the fact that beyond organising the summit, his administration can live up to fulfilling its promise of making Rivers State great again, economically. Any wonder the Governor stated he was not going to end with the signing of the Executive Order alone but would drive it to a conclusive end to achieve the desired fulfilment that Rivers people expected.
The recent inauguration of RIPA’s board marks a watershed moment in the state’s economic trajectory. Fubara’s decision to set up the Agency reflects his administration’s commitment to reversing the economic decline that has plagued the state for years. By appointing a new board, the government aims to inject fresh ideas and perspectives into the establishment, promoting a culture of transparency, efficiency, and accountability.
Entrepreneurial drive is strong in our state, leading to the daily rise of small-scale enterprises and new entrepreneurs. In today’s world, aspiring business owners frequently face challenges like insufficient funding, limited access to information about available resources, bureaucratic obstacles, and a lack of supportive government policies. The current administration should acknowledge these challenges and be dedicated to stimulating a favourable investment climate.
While the Governor’s vision and the Agency’s efforts are critical, achieving sustainable economic transformation will require collective engagement from all stakeholders. The active participation of the community, local businesses, and civil society is essential for the realisation of these goals. Community involvement is pivotal in ensuring that the needs and aspirations of the populace are integrated into the economic policies and initiatives. Creating avenues for public participation not only empowers citizens but also nurtures a shared sense of responsibility towards the development of the state.
The role of the media cannot be understated in this collective effort. The media serves as a watchdog and an informer, ensuring that the government remains accountable and that citizens are aware of opportunities and challenges in the economic landscape. As with any ambitious vision, several challenges may impede the speed to economic transformation in the state. These challenges must be acknowledged and addressed to ensure that progress is sustainable. The government, alongside the Agency, must proactively identify the barriers and develop strategic solutions.
Corruption remains a vital hurdle in many sectors in Nigeria, and Rivers State is no exception. To combat this, the government must demonstrate unwavering commitment to transparency and accountability, ensuring that funds allocated for development are utilised effectively. Also, the state must prioritise infrastructure development, which is foundational to economic growth. By investing in modern infrastructure, the government can lay the groundwork for enhanced productivity and attract local and foreign investors, nourishing an environment conducive to economic development.
Fostering partnerships with international organisations and development agencies can provide valuable resources and expertise. Such partnerships can facilitate technology transfer, capacity building, and investment opportunities that enrich the local economy. Furthermore, the message of economic transformation must be communicated to all residents of the state. Building awareness and consensus around the vision for the state will galvanise support and encourage collective participation in the transformation endeavour.
Undeniably, Fubara’s leadership and vision have given Rivers people hope for a better economic future and his initiative has put the state on the path to realising its full potential. Its commitment to creating an investment-friendly environment is necessary to attract investors and stimulate economic growth. RIPA’s mandate to return Rivers State to its rightful place as an economically viable entity is a challenge that requires collective effort and support.

The operations of illegal task forces in Port Harcourt, the Rivers State capital, have become a major source of concern for residents and motorists. The task forces, which are not sanctioned by the government, have been accused of indiscriminately arresting vehicle owners and impounding their vehicles on the pretext that they violated traffic rules.
They often target vehicles parked in unauthorised areas or those that are allegedly driven recklessly. However, there have been numerous reports of vehicles being impounded even when the owners have not committed any offence. In some cases, the task force members have been accused of using excessive force and intimidation to coerce motorists into making unauthorised payments.
The confiscated vehicles are usually taken to Rivers Marine Company situate at Marine Base, a defunct firm owned by the Rivers State Government. The vehicles are held there until the owners pay a ‘fine’ to the task force. The amounts charged vary depending on the type of vehicle and the alleged offence. Many residents have complained that the task forces are making it difficult for them to go about their daily lives. They have also been accused of extortion.
Curiously, the hoodlums have found a sinister alliance with corrupt elements within the police force. They operate under the guise of police authority, using the uniforms of law enforcement to lend legitimacy to their nefarious activities. This unholy alliance has created a dangerous situation, where criminals are able to hide behind the facade of respectability, while engaging in their criminal enterprises.
Police Commissioner Mustapha Bala bears a heavy responsibility to restore order and protect the people from these criminals. He must take immediate action to identify and remove the corrupt officers who are working in cahoots with the hoodlums. A thorough investigation is needed to expose the extent of this collaboration and bring the perpetrators to justice.
Governor Siminalayi Fubara, upon assuming office, declared the disbandment of all task forces in Rivers State. However, recent events have raised questions about the continued existence and operation of these task forces. Their reappearance has sparked confusion and concern among the people, who are wondering how these entities can continue to function despite the Governor’s directive.
Task force proliferation has been a persistent issue in Rivers State, with various administrations attempting to address their perceived inefficiencies and negative impacts. The reemergence of these groups after the Governor’s disbandment order raises questions about the state’s commitment to implementing its own policies.
The continued existence of task forces despite the Governor’s directive undermines the credibility of the government and raises concerns about the rule of law in Rivers State. The government must take a decisive action to address this issue and ensure the arrest and prosecution of the culprits. The public deserves an explanation for the reappearance of illegal task forces in different parts of Port Harcourt and assurances that their activities will be curbed.
Gangsters’ infestation of Rivers Marine Company and other government facilities has reached an alarming level, demanding immediate and decisive action. These criminal elements have audaciously exploited the spaces as their operational strongholds, creating a pervasive atmosphere. The situation has deteriorated to a point where the legitimate operations of state-owned facilities are severely compromised.
It is unconscionable that such a vital government asset as Rivers Marine Company has fallen prey to these nefarious actors. The Ministry of Transport, as the custodian of this facility, bears the primary responsibility for ensuring its integrity and security. The current state of affairs is a glaring indictment of the ministry’s failure. The continued presence of criminals within the premises sends a dangerous message as to how lawlessness could be tolerated.
Swift and decisive action is paramount to reclaim the facility. The Transport Ministry must prioritise their immediate dislodgement from the company and other affected areas. This may require the deployment of security measures, including surveillance, access controls, and the establishment of a dedicated task force to combat gang activity.
Residents of the state who are approached by individuals claiming to be part of a task force should exercise extreme caution. These individuals may use aggressive tactics or make false promises to coerce payment. It is essential to remain calm and refuse to engage with them. Instead, they should promptly contact law enforcement authorities by visiting the nearest police station or dialing emergency hotlines, providing detailed information about the incident.
Creating job possibilities for young people is vital for fostering productivity and reducing crime rates within the state. If provided with meaningful employment, our youths will gain a sense of purpose and financial stability, which can deter them from engaging in illegal activities. Employment empowers youths to contribute to their communities and develop valuable skills, enhancing their future prospects.
Job creation policies specifically tailored towards youth can effectively address the unique challenges they face, such as lack of experience and limited access to training. These programmes can offer apprenticeships, internships, and on-the-job training openings, allowing youths to gain practical skills while earning a wage.
Furthermore, job opportunities provide youths with a sense of belonging and responsibility. When they have a stake in their state, they are less likely to engage in destructive or antisocial behaviour. Employment also promotes social inclusion and integration, reducing the likelihood of marginalised youth turning to sundry crimes.

The delay in implementing President Bola Tinubu’s directive for zero customs duty and value added tax on food imports is unacceptable and highlights a concerning lack of urgency within the Federal Ministry of Finance and the Nigerian Customs Service. Over two months after the announcement, the policy remains stalled, despite the President’s clear intention for immediate enforcement. This prolonged delay, especially given the policy’s temporary nature (July – December), is inexplicable and detrimental to a hoi polloi already grappling with a severe economic crisis.
While the Comptroller-General of Customs attributes the delay to the Ministry of Finance finalising details, this explanation is insufficient. The dire need for food relief demands swift action, especially in the face of soaring fuel prices, rampant inflation, and skyrocketing food costs. The President’s promise of subsidised rice at N40,000 per 50kg bag remains elusive as well, pushing many Nigerians further into hardship. Accusations of deliberate slowdowns motivated by the government’s revenue goals are alarming and warrant serious investigation.
A circular from the Presidency has clarified the approved food items eligible for duty exemption, specifically maize, millet, rice, wheat, husked brown rice, grain sorghum, and beans. This strategic move aims to alleviate the financial burden on consumers and enhance food security. Previously subjected to import duties between five and 30 per cent, these commodities will now be more accessible, potentially stabilising prices in the local market.
It seems the execution of the policy is encountering obstacles due to bureaucratic processes. If the government fails to address this crisis with comprehensive and effective measures, the consequences could be catastrophic. The simmering discontent amongst Nigerians could easily boil over into widespread protests and social unrest, further destabilising an already fragile nation. Ignoring the cries of its citizens and the looming threat of social upheaval would be a grave mistake with potentially devastating ramifications.
Public officials insulated by privilege and detached from the everyday struggles of the people, have fostered a dangerous disconnect. For too long, they have failed to truly understand the harsh realities faced by the majority of Nigerians, the daily grind of poverty, the constant battle for survival, and the crushing weight of economic hardship. However, the current multifaceted crisis, with its clear manifestation of suffering, should serve as a jarring wake-up call, even to the most arrogant and out-of-touch.
The government’s ill-conceived and draconian policies, implemented without adequate consideration for the people, have created an intolerable situation that can no longer be swept under the rug or dismissed with platitudes. The widespread suffering is a stark indictment of their negligence, demanding a fundamental shift in perspective and a renewed commitment to the welfare of the Nigerian people.
The recent #EndBadGovernance protests serve as an obvious reminder that disregarding the plight of the people is a dangerous gamble. When basic needs like food and security are unmet, and the cries for change are silenced, the simmering discontent inevitably boils over. Escalating hunger and desperation create a fertile ground for unrest, a truth tragically illustrated by the protests. If the government continues to turn a blind eye to the suffering of its citizens, more widespread and possibly violent demonstrations are not only likely, but inevitable.
Furthermore, attempting to quell dissent through intimidation and persecution of protesters is a recipe for disaster, as it only serves to further inflame tensions and breed resentment. The path to stability lies not in suppression, but in genuine engagement with the concerns of the people and a commitment to addressing the root causes of their suffering.
The Federal Ministry of Finance, led by Olawale Edun, has a crucial role to play in improving the image of this government. Minister Edun and Customs Comptroller-General, Wale Adeniyi, must prioritise the fight against hunger by expediting the zero duty policy. This policy will allow the importation of food at a reduced cost and ease the burden on struggling families.
Officials must accord precedence to the well-being of citizens over bureaucratic processes. The current economic hardship is undeniable, and the callous indifference displayed by those in power, who seem shielded from the harsh realities ordinary Nigerians face, is deeply troubling. The government must act decisively to expedite this critical policy and provide the much-needed relief to a population struggling with hunger, poverty, and misery. Continued delay is a betrayal of Tinubu’s promise and a grim reminder of the disconnect between those in power and the suffering Nigerians.