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    Home → Business → Mismanagement Cause of Rivers Economic Drift, Fubara
    Mismanagement Cause of Rivers Economic Drift, Fubara

    Mismanagement Cause of Rivers Economic Drift, Fubara

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    By Naija Daily News on September 10, 2024 Business, National
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    By Deborah Nnamdi

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

    The governor 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 and improved Internally Generated Revenue (IGR), much still needs 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 restated the commitment of his administration to fulfill the promises of developing every sphere of the State’s economy and enjoined the new agency to concentrate on agricultural development, manufacturing, production, wealth creation, and employment, assuring that he provides all the necessary support for them to succeed.

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

    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.

    See also  Police dismantle inter-state car snatching syndicate, arrest ex-cop, 11 others

    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.

    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).

    PDP Rivers State
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