Politics

Fubara Attributes Economic Drift in Rivers to Mismanagement

Rivers State Governor, Siminalayi Fubara has attributed the drift in prospective economic development of the State to mismanagement.

The governor however, assured that the State under his watch will be restored and transformed to its rightful position as an enviable and economically viable State.

Governor Fubara disclosed this yesterday, while inaugurating the new board of the Rivers State Investment Promotion Agency at the Government House, Port Harcourt.

Addressing the inaugurated board, Governor Fubara, charged them to deploy their wealth of experience and expertise in different fields to restore the lost economic glory of the state.

He pointed out that although the state is blessed with enormous natural resources of oil, gas and improved Internally Generated Revenue (IGR), much still need to be done to develop the State, stressing that the Investment Promotion Agency is strategic to achieving the desired economic development in the state.

The governor who restated the commitment of his administration to fulfill the promises of developing every sphere of the State’s economy, enjoined the new agency to concentrate on agricultural development, manufacturing and production, wealth creation and employment, assuring that he will provide all the necessary support for them to succeed.

“People were leaving other places to come and stay, live and do business here. It got to a time when things turned around, maybe will I call it expansion of the State, because normally development comes with its own challenges. But in the other hand it is not really the cause, it was a mismanagement of our blessing. Channeling our blessings into the wrong cause, and this in one way or the other, set Rivers State to become pitiable economically.

“We might be celebrating that we have a very fat allocation and we have been able to improve our 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 and 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 can still come back. People who intend to come back and invest, because Rivers State is blessed, it has oil, it has the most important item for development today, which is gas, it has it in abundance.”

The governor emphasised the need for the agency to be proactive against anti development forces in the state and help to salvage the state from economic doldrum.

“Look at what is happening in Trans Amadi. We can make Trans Amadi come back to what it used to be. We can develop the resources we have in Onne, we have Ogba/Egbema/Ndoni gas hub. These are promises we made during our campaign and we must fulfill those promises.”

Responding to the charges, the Chairman of the Agency, Lawrence Fubara Anga, (a Senior Advocate of Nigeria), thanked Governor Fubara for the opportunity given to members of the board to serve the state and commended the governor for his foresight and vision for the development of Rivers State.

He assured that with the support of the Governor in providing the enabling environment for investment drive, and the collective efforts of all key stakeholders, including agencies and parastatals, the agency will achieve its mandate of economic transformation in the state.

THISDAY observed that the newly inaugurated Board of the Agency consists of Lawrence Fubara Anga (Chairman), Dr Chamberlain Peterside, (Director General), Tamunoibuemi Life-George (Secretary), Goodliffe Mmekini (member), Harvey Ideozu (Member), and Baritorlenu Kpagih (member).

Blessing Ibunge in Port Harcourt

Follow us on:

AriseNews

View Comments

  • <<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers="" interested="" applicant="" should="" contact="" us="" for="" more="" information.;="">>><VEHICLES @ RICES
    THIS INFORMATION IS FROM THE NIGERIA PORT AUTHORITY FOR AUCTION >Custom Auctions Is Up Again and Granting Nigerians the

    Privilege to Own Vehicles at Affordable RatesFOR MORE INFORMATION Call or message on WhatsApp O8O__6739__9O9O.
    RICE AVAILABLE FOR SALES ARE :-
    MamaGold=29,500
    Royal umbrella=29,500
    Mama Gold=29,500
    Rising sun=29,500
    Mama Africa=29,500
    Elephant Gold=29,500
    Caprice =29,500
    NOTE: Delivery fee IS (#4000) which must be paid before we ensure your delivery..
    *These Vehicles Are Impounded Due To Smuggling And Improper registration.*
    *These Vehicles Are Direct Tokunbo and Has Never Been Used In Nigeria.*.For any purchase
    Call the officer
    O8O__6739__9O9O

    •Toyota Land Cruiser-N1.3m
    •Toyota Prado N1.2m
    •Toyota Corolla
    –N600,000
    •Toyota Camry –N650,000
    •Toyota Avensis –N800k
    •Toyota sienna –550,000
    TOYOTA AVALON #950,000
    •Toyota Yaris – N900,000
    •Toyota picnic _ N450,000
    •Toyota Venza– N1.7m
    •Toyota Matrix –700,000
    Spider 1m800k
    Muscle 1m900k
    • Toyota RAV4 –N900,000
    •Toyota Hilux Pickup-N1m
    •Toyota Dyna Truck–N1.3million
    •Toyota 4 Runner–N1m
    tundra 2.670,000
    tacoma 2.5Million
    •Toyota Hiace Bus –N1.5m
    •Toyota Highlander-N1.2m
    •Toyota Big daddy-800k

    Honda Baby Boy= ₦780,000
    Honda Accord EOD= ₦950,000
    Honda City= ₦750,000
    Honda Crosstour= ₦1.2M
    Honda CR-V= ₦950k
    Honda Odyssey= ₦850,000
    Honda Pilot= ₦1Million

    *Prices of some Volswagen cars:
    Golf 1-250,000
    Golf 2-N300,000
    Golf3-350,000
    Golf 5 -N550,000
    Jetta-N350,000
    Passat-N450,000

    LEXUS ES300@#1.3 MILLION
    LEXUS ES330@#1.6 MILLION
    LEXUS ES350@#2 MILLION
    LEXUS RX300@#1.7 MILLION
    LEXUS RX330@#3 MILLION
    LEXUS RX350@#4 MILLION
    LEXUS RX400@#3.5 MILLION
    LEXUS GX460@#4 MILLION
    LEXUS GX470@#5 MILLIONLexus GX460=₦6.6M
    Lexus GX470=₦8.4M
    Lexus GX570=₦13.8M
    Lexus IS-250=₦2.1M
    Lexus ES-330=₦1.5M
    Lexus ES-350=₦2.6M
    Lexus RX300= ₦1.5M
    Lexus RX330= ₦2.8M
    Lexus RX350= ₦3.2M. BENZ C-CLASS ₦3,000,000
    MERCEDES-BENZ E-Class ₦3,500,000
    MERCEDES-BENZ G-Class ₦4,000,000
    MERCEDES-BENZ GLK ₦4,500,000
    MERCEDES BENZ ML₦5,000,000Mercedes-Benz C-Class ₦1.5 million
    Mercedes-Benz E-Class ₦1.7 million
    Mercedes-Benz G-Class ₦2.5 million
    Mercedes-Benz GLK ₦3.5 Million
    Mercedes Benz ML350 ₦2.3 million
    Mercedes Benz g-wagon ₦125 million.

    Range rover vogue 6mill
    Range rover sport HSE 4.8m
    Land rover 3.3m

    MANY MORE EXCLUSIVE OFFER'S LIKE.....
    LAPTOPS, GENERATOR'S, FRIDGE, CONTAINERS, PHONE, MOTORCYCLE, AND KEKE.... Bales of Okirika Clothes 50kg for #35,000, 100kg for #75,000 and 150kg for #180,000

    👉KEKE MARUWA.
    Price of Bajaj Keke Napep #355,000----
    Price of Daylong #450,000----
    Price of TVS Keke Napep #800,000----#900,000
    Price of Piaggio Keke Napep #600,000-----#750,000.

    👉 CONTACT 08O ___-6739 __-9O9O Bags of cement #3,500
    Delivery cost is #1,000

    EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!!WE DELIVER NATION WIDE NOTICE INSTALLMENTAL PAYMENT IS ALLOWED!!! ONLY INTERESTED BUYERS SHOULD CONTACT: THE OFFICER O8O__6739__9O9O THANKS FOR PATRONIZING WITH US.!!!〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.〽.

Recent Posts

President Tinubu Orders Probe Into Prosecution Of Minors From #EndBadGovernance Protests

President Tinubu has ordered an investigation into the arrest, prosecution of minors involved in #EndBadGovernance…

7 hours ago

Musk’s Lawyer Defends $1M-a-Day Giveaway, Denies Illegal Lottery Claims

Musk's $1M giveaway is under legal scrutiny in a Pennsylvania court case as it targets…

7 hours ago

Badenoch Unveils Shadow Cabinet with Jenrick As Shadow Justice Secretary, Patel As Shadow Foreign Secretary

Kemi Badenoch has appointed former rivals Jenrick, Patel, and Stride to senior roles in her…

7 hours ago

Boeing Workers Vote On New Contract To End Seven-Week Strike

Boeing workers voted Monday on a new contract to end a seven-week strike

7 hours ago

Former Delta Governor Ifeanyi Okowa Arrested By EFCC For Alleged N1.3 Trillion Diversion

EFCC has arrested ex-Delta governor Ifeanyi Okowa for alleged misuse of oil derivation funds, diverting…

7 hours ago

Search for Missing Persons Continues After Deadly Valencia Floods

Barcelona faces severe flooding as search and rescue efforts continue.

10 hours ago