Business
Rivers To Maintain Leading Position In Oil, Gas – Okemini

Burnt vehicles at Nnpc Mega Station and Shemaco Petrol Station, Ungwa /Mu’Azukaduna gutted by fire in Kaduna recently.
The Adviser on
Investment to the Rivers State Governor, Mr Isaac Okemini has said that in spite of the fall in oil price at the global market, the state would not abandon its prime position in oil and gas.
Okemini state this Thursday at the 1st Port Harcourt Chamber of Commerce Business Luncheon organised by the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) held at the Main Auditorium, Obi Wali International Conference Centre, Port Harcourt.
Okemini noted that the main problem with oil in Nigeria was the inability to save the proceed from it during its booming days to reinvest and develop other sectors.
Okemini who delivered a paper on,” the Ease of Doing Business In Rivers State”, noted that the state prides of conducive environment highly sought by investors for profitable business operations.
He mentioned the presence of seaports, International Airport, host of multinational oil and gas companies, good road networks three universities, stability in governance, good population with highly skilled young persons amongst others as some of the attractions to good investment.
The adviser said the present administration, led by Governor Nyesom Wike, shows high commitment in the provision of better infrastructure to make the state remain the investors’ heaven.
He stated that security reports on the state as published in some papers describing it as Rivers of blood were propaganda lacking in accurate statistics and stressed that such false impressions were political propaganda that should be undermined.
He emphasized that the administration of Governor Wike was private sector-friendly and assured both local and foreign investors of conducive business environment.
Reacting to the issue of multiple taxation, Okemini said the government was working out a business blueprint that would make sure issue of double taxation is a thing of the past.
He said in few weeks’ time the governor would unveil the governments’ economic plan.
Chris Oluoh