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Recreate Rivers Economy As Best Investment Destination, Fubara Charges RSIPA Board

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7 months ago

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Rivers State Governor, Sir Siminalayi Fubara, has restated that the resolve is stronger now than ever to create the climate conducive for growth of agriculture, manufacturing, small and medium enterprises, and key services because they are the productive sectors that will put Rivers’ economy on a competitive pedestal.
The Governor, therefore, charged members of the maiden Governing Board of the Rivers State Investment Promotion Agency (GBoRSIPA) to streamline their activities in such a manner that will attract real investors across critical sectors so that the State can become self-sustaining, comparatively.
Governor Fubara gave the charge when he inaugurated members of the six-man Board at Government House in Port Harcourt on Monday.
Those inaugurated are: Lawrence Fubara Anga, SAN, as Chairman; Dr. Chamberlain Peterside as Director-General; and Mrs Tamunoibuemi Life-George, who is to serve as Secretary.
The rest include, Mr Goodliffe Nmekini, Barrister Havey Ideozu, and Baritor Lenusikpugi Kpagih as members.
Governor Fubara explained that Rivers State used to rank first in the comity of states in terms of productive economic activities, which attracted various business interests and made the State a well-groomed investment haven.
But, he expressed regret that the attendant expansion and population growth were not maximally managed because the challenges overwhelmed those who superintendent over business activities then, lamenting that the expected blessings were wrongly channelled, which left the State in very pitiable economic situation.
Governor Fubara said: “We might be celebrating, that yes, we have a very fat allocation. We have been able to improve our Internally Generated Revenue (IGR), but we still have a lot to do; and, that has to do with this agency.
“The purpose of this agency is to give our people – to assure them, that Rivers State can still come back to that enviable position that it once occupied. Those people that were doing business in Rivers State that left, for one reason or the other – that they can still come back.
“We want to see people who intend to come back and invest because Rivers State is blessed – it has oil, the most important item for development today, which is gas, in abundance.
“Look at what is happening in Trans-Amadi Industrial Layout: We can make Trans-Amadi Industrial Layout come back to what it used to be. We can develop the resources that we have in Onne Town. We have Ogba-Egbema gas hub. These are part of the promises we made during our campaigns, and we must fulfill those promises,” he said.
Governor Fubara emphasised that the agency is established to rigorously harness tenable economic and human potentials abundant in the State that can be translated into making Rivers the economic gateway and one-stop- shop for productive economic activities.
The Governor said: “We have waited for this moment for a long time. It is a moment we all have been praying for because we want to leave a State that will be remembered: Rivers State that can compete, and Rivers State that can stand the test of time as a proud State.
“People that are coming here would begin to know that Rivers State is now serious. Rivers State is not about coming here and saying I want to take the side of maybe, I am interested in 10 percent or 20 percent of what you are coming with, that is not the purpose now”.
He explained that Rivers State is about genuine business interactions that will be mutually beneficial to all parties in a sustainable way, insisting that investors desirous of gaining value from their stakes should boldly come to the State for partnerships that will work in the interest of all stakeholders.
He said, “The purpose is to build our State. The purpose is to grow this State economically in such a way and manner that even if we don’t get federal allocation anymore, for example, we can still sustain ourself (as a State) with our IGR.”
Governor Fubara acknowledged that in discharging its responsibilities, the Board will encounter challenges and stiff opposition from those who abhor change but urged the members to brace up and be forthright in their quest to achieve their mandate.
The Governor clarified that the board should not be preoccupied with people who are only interested in real Estate, which seemed to be the current drive now.
Governor Fubara said: “Not just issues of people coming to build houses and other things. I want your concentration to be more on agriculture, (manufacturing).
“Look to find people who are coming in to invest. People that are coming to build factories because it is only when we start production that employment issues will be resolved, (and we will witness economic boom).
“So, please, those things that will solve the problem of unemployment, and promote creation of wealth for the State should be your focus,” he advised.
Governor Fubara further said: “The responsibility of this agency is going to be very challenging because I know they will want to fight back. But, I know that these crop of men and woman have what it takes, and I am very convinced that they are going to lead Rivers State to where we want the State to be.
“The Chairman of this agency is a private legal practitioner and a businessman that has made his name. Let me say it here: let it be on record that I had to beg him to accept the offer. I even had to send emissaries to him to plead with him.
“He said he doesn’t want to get involved with any political thing. I said this is not about politics. You live in Lagos, you have made your name in Lagos. Please, come and help us. We need help, Rivers State needs to be salvaged.”
Governor Fubara charged them to approach their task with an open mind to make a difference, adding that he nurses no doubt that they will make the State proud with the results they will achieve.
The Governor also assured that his doors will remain open, should they require his attention to tackle any challenge in order to get the necessary support to ensure success.
In his acceptance speech, Chairman of the Governing Board of Rivers State Investment Promotion Agency (GBoRSIPA), Lawrence Fubara Anga, SAN, said they consider their appointment as an opportunity to serve among other Rivers people who are willing to be so appointed.
Anga noted the enormity of the task before them but expressed appreciation that even the Governor understands it so, which is why he consulted widely to gather very distinguished, proven and tested personalities, who depict his foresight.
He said: “Your Excellency, we have heard, listened very attentively to your charge, and that charge resonates, I believe, with everybody in this room.
“This is the time, whether we like it not, to many people, it is a time to want to despair. It is a time of problems, and it is also a time of challenges. And everybody has an option: your cup can either be half-full, or half-empty.
“But Your Excellency has decided that the cup of Rivers State shall be completely full. For every challenge, there is an opportunity. And what His Excellency has done is to tell us: go and look for those opportunities.”
Anga reaffirmed that Rivers State, known and still is the ‘Treasure Base of the Nation’, noting that the charge before them is to make that appellation march the reality of what prevails, desirably.
The chairman assured that they shall offer their best by delivering on their mandate but solicited support to work in strong synergy with other organs: ministries, departments and agencies (MDAs) of government, to succeed.
This, he noted, will reduce unhealthy competition and bureaucratic bottlenecks that often frustrate genuine development efforts because of what he described as likely policy inconsistencies.
He said, “The charge is to restore it (State) to be the ‘Treasure Base of the Nation. The charge is to make Rivers State economy probably the 10th or 12th largest economy in Africa, standing on its own. The charge is to turn Rivers State into the Dubai of Africa. That is what you have told us to do.
“It is not going to happen overnight. It is not going to happen just through us as individuals. It is a collective effort. But, we are convinced that with your support, and with the kind of leadership that you have already provided, it is very possible in the shortest period of time to start the transformation to change the narrative. And once the ship has left the port, nobody can stop it.”
Anga further said: “Your Excellency, investors’ monies have choices. No matter how potentially attractive a business proposition is, where there is insecurity, where there is confusion, where there is bureaucratic bottleneck, investors will run away because they have choices.
“And, one of the things your administration is trying to do is to restore security, safety of lives and property; security of tenor, when you buy land, you know that your title is secured because without security of tenor, you can’t get a loan.
“These are the things your administration is doing, which will go a long way to achieving the goal you have set. I am happy, this is a brand new agency, and we don’t have any excuse. What comes out; we are the ones that will shape it,” he emphasised.
Anga also reassured that: “This board will try its best to provide oversight. This board will try and provide the policy guidance. This board will try and use the rich connections it has to reach out locally and internationally (to attract investments).
“But, in all of these, our youths should stop being applicants. We want to create an environment where the unemployed become entrepreneurs, they become employers of labour. We want to triple the Internally Generated Revenue (IGR) of the State from our home grown businesses.
“We are not just looking for people to bring their money from outside. It’s been proven time and again that if the owners of the place don’t invest, outsiders will not come to invest. And so, your charge to us is to make Rivers State attractive for Rivers people. And when Rivers people invest, the whole world will come and invest. That is our task, and we will strive to achieve it,” he assured.
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Bring Your Wealth Of Experience To Governance, Ibas Tasks New SSG

Published

3 weeks ago

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March 28, 2025

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The Sole Administrator of Rivers State, Vice Admiral Ibok Ete Ekwe Ibas (rtd), has charged the new Secretary to the State Government (SSG), Prof Ibibia Lucky Worika to bring his wealth of experience to bear in governance of the State.

 

Vice Admiral Ibas (rtd) gave the charge shortly after swearing in the new SSG at the executive chambers of Government House on Wednesday night.

 

The Administrator who congratulated Prof Worika on his appointment said the choice was not merely an administrative decision but a statement of intent.

 

Vice Admiral Ibas (rtd) explained that the new SSG has an unparallel expertise in law, policy and international governance, which align perfectly with the mission to restore law, order, integrity and public trust in Rivers State.

 

He said: “To our new SSG, the task ahead is onerous, but your track record leaves no doubt in our minds that you will prove your mettle. Rivers State needs your intellect, grit and unweaving dedication. Together, we will write a new chapter of progress for this great state.

 

“Prof Worika’s role will be critical in driving this vision, ensuring that every policy, every decision and every action is in consonance with this administration’s mandate to restore law and order, stabilize the polity and to create the necessary conditions for the restoration of democratic institutions and representations.”

 

Vice Admiral Ibas (rtd) pointed to his maiden address to Rivers people wherein he emphasised that his administration will be committed to delivering an effective governance that is anchored on transparency, accountability and service.

 

He therefore, enjoined the new SSG to brace up to the demands of his office, and offer his best service as required while also working cooperatively with civil servants.

 

Vice Admiral Ibas (rtd) said: “You have no time to settle down. You must roll up your sleeves and get to work with the team.

 

“Our civil servants with whom we will work closely to run this administration are critical stakeholders and we must work with them to ensure that the state continues to function effectively during this administration.

 

“To the Permanent Secretaries and civil servants as a whole, once more I will ask your kind cooperation and support as we work to achieve our objectives at this time,” he added.

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I Am One Of You, Sole Administrator Tells Rivers People …Warns Against Violence, Crude Oil Sabotage

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4 weeks ago

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March 21, 2025

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The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas (rtd), has assured residents that he is not in the State as a partisan actor or political competitor but as a stabilising force to restore governance and order.
In a state broadcast yesterday, Ibas, who assumed duty at Government House, Port Harcourt, emphasised his commitment to protecting civil liberties and ensuring the safety of all citizens.
However, he issued a stern warning against crude oil sabotage and violence, urging residents to resist any temptation to return to past hostilities.
“For decades, I have dedicated my life to the service of our great nation—first as the 20th indigenous Chief of Naval Staff and later as Nigeria’s High Commissioner to Ghana. I answered this call out of the need for peace in Nigeria, and most importantly, in Rivers State,” Ibas stated.
Describing the prolonged political impasse as a major setback to governance and democracy, he acknowledged the hardships faced by families and businesses due to the prevailing uncertainty.
“As a son of the Niger Delta, I am one of you. I feel the weight of this crisis on families, businesses, and the future of our people,” he said.
Ibas commended President Bola Tinubu’s decisive action in declaring a state of emergency in Rivers State, stressing that it was a necessary move to restore stability and revive economic activities.
“My mandate is clear: restore law and order, ensure stability, and create an enabling environment for economic growth. But this mission requires collective support from all stakeholders, regardless of political affiliation or ethnicity,” he stated.
He discouraged attacks on oil infrastructure, reminding residents of the devastating environmental and economic consequences of such actions.
“The Niger Delta has moved beyond the destruction of oil facilities. We must resist the temptation to return to those ugly days,” he cautioned.
While pledging to uphold civil liberties and the rule of law, the Sole Administrator warned that lawlessness and violence would not be tolerated.
“We will not act arbitrarily, but we will not hesitate to deal decisively with anyone who threatens the peace and stability of Rivers State,” he declared.
Ibas revealed that he had concluded a State Security Council meeting where strategic measures were outlined to de-escalate tensions and prevent further conflict.
Expressing gratitude to President Tinubu for entrusting him with the responsibility, he also acknowledged the National Assembly for approving the emergency declaration.
“I will work closely with the national leadership under the guidance of the President. I am optimistic that Rivers State will emerge stronger and greater,” he concluded.

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Abuja Truck Explosion Death Toll Rises To 10  …As Another Truck Crashes On Same Spot 

Published

4 weeks ago

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March 21, 2025

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The Federal Capital Territory Emergency Management Department has confirmed that 10 persons have died in the truck explosion that occurred near Karu bridge, along the Abuja-Keffi Expressway, on Wednesday.

The FEMD’s Head of Public Affairs, Nkechi Isa, confirmed the numbers in a statement, yesterday.

The Acting Director General of the Emergency Department, Abdulrahman Mohammed, had earlier confirmed that eight persons had died as of yesterday morning, with five confirmed dead on the scene, and four others burnt beyond recognition.

““Five people were taken dead from the scene yesterday (Wednesday). Out of the people that were injured, one died, making six. Then this morning (yesterday), when I asked my people to go round, they discovered that two had already died again, making eight. Four of them from yesterday were burnt beyond recognition.”, he explained.

However, in her statement, Isa said the Head, Forecasting Response and Mitigation of FEMD, Mr Mark Nyam, said eight bodies were deposited at the Karu Hospital Morgue, one body at the Asokoro Distinct Hospital Morgue while another body was deposited at the National Hospital.

He added that some victims had been referred to the Gwagwalada Teaching Hospital, Federal Medical Centre, Keffi, and Cedercrest Hospital Abuja for proper care.

Part of the statement reads, “The FCT Emergency Management Department FEMD can confirm that 10 persons lost their lives to the truck explosion that occurred at Karu bridge along Abuja / Keffi expressway.

“The Head Forecasting Response and Mitigation of FEMD, Mr Mark Nyam said eight bodies were deposited at the Karu Hospital Morgue, one body at the Asokoro Distinct Hospital Morgue while another body was deposited at the National Hospital.”

He informed that over 30 persons suffered various degrees of burns.

“Some of the victims have been referred to Gwagwalada Teaching Hospital, Federal Medical Centre,Keffi and Cedercrest Hospital Abuja for proper care,” he said.

Isa also stated that no fewer than 10 vehicles were burnt during the incident, adding that the FEMD boss after a visit to the incident scene, appealed to motorists to observe traffic rules and regulations.

He also cautioned against reckless driving, dangerous overtaking and poor maintenance of vehicles, while urging FCT residents to always use the 112 emergency toll free number in the event of an emergency.

Meanwhile, barely 24 hours after the incident, another fertiliser-laden truck has collapsed on the same spot.

The Tide learnt that the incidence occurred at about 3:54pm yesterday.

The Head of Public Affairs of the FCT Emergency Management Department, Nkechi Isa, confirmed the accident in a statement, stating that the truck collided with a Hijet and a dump truck, adding that no life was lost.

She cautioned road users to drive with caution as the Federal Road Safety Corps was making efforts to tow away the affected vehicles, to avoid traffic built up.

“Another accident has occurred under Karu bridge along the Abuja-Keffi Expressway. Thankfully, no life was lost to the incident. Our Search and Rescue say the accident occurred when a truck laden with fertilizer ran into a Hijet and a dump truck also known as tipper.

“Motorists are advised to drive with caution as the Federal Road Safety Corps is taking steps to tow away the affected vehicles in order to avoid traffic built up,” the statement read.

Meanwhile, several videos showed some persons trying to clear the fertiliser bags from the fallen truck to ease traffic.

 

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