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European Investors Rate Rivers Best Economic Destination …As Wike Puts State On Frontburner In London …RSG Raises Alarm Over Plot To Stifle Economy
The management of The Financial Times of London and other leading European investors have rated Rivers State as Nigeria’s leading economic destination due to the programmes instituted by the state Governor, Chief Nyesom Wike.
Top member of the management of the World renowned economic and investment newspaper gave the indication yesterday. during a special investment programme organised for Rivers State by The Financial Times tagged: ‘Invest In Rivers State’ at its headquarters in London.
Speaking at the programme,Editor, Special Reports of Financial Times, Leyla Boulton said that Rivers State has become Nigeria’s leading economic destination due to the programmes initiated by Wike.
The Chief Executive Officer of Invest Africa and United Kingdom Business Council for Africa, Karen Taylor said that the government has redefined the economic advantage of Rivers State, making it attractive to the world.
Vice Chairman of Westminster Africa Business Group, Tim Johnsen noted that the presentation of Wike has highlighted key areas of investments to be explored by European investors.
In his remarks, Commercial Director of Financial Times in charge of Africa and Middle East, Mark Cowardine assured the Rivers State governor that the message of the investment potentials of Rivers State will promote economic growth in the state.
Senior Consultant at Control Risks, Imad Mesdoua, expressed satisfaction with the quality of information and opportunities that Wike has exposed to Europe on Rivers State.
Speaking at the occasion,the Rivers State Governor, Chief Nyesom Wike declared that his administration has implemented sound economic policies and programmes that have made the state the investment destination of Nigeria, adding that return on investment in the state is the highest in Nigeria.
Wike said: “The Government of Rivers State remains committed to making Rivers State the best place in Nigeria to live, work and do business through the implementation of sound policies and creating the enabling peaceful, secure and friendly environment for doing business in Rivers State. Investors are warmly welcomed, Rivers State awaits you”.
The governor assured intending investors that his administration has lined out incentives that have made the state investor friendly.
According to the Rivers State governor, the Rivers State Government under his leadership has provided visibility gap funding, minimum revenue guarantee, provision of land for development, provision of subsidies and reduction of/exemption from payment of taxes and levies.
“There is a stable, focused and progressive government that is committed to the state’s economic objectives, which is to build a strong, balanced and growing economy for Rivers State.
“The government has created the most business friendly environment for Rivers State with unprecedented investments in infrastructure, tax reforms and related economic incentives to reduce cost of doing business”, Wike explained on why European investors should invest in Rivers State.
Wike added: “We have given unprecedented attention to security of lives and property, Rivers State is now safe and secure for businesses and investors”.
The governor added that his administration has eliminated double taxation, instituted expeditious processing and grant of land documents, facilitation of investment processes and regulatory approvals.
Wike said that intending investors in oil and gas would benefit from the presence of the Oil and Gas Free Zone in the state, noting that the facility provides opportunities for the establishment of businesses across the oil and gas value chain.
The governor declared that the Rivers State Government has institutionalised laws, processes and policies to protect investments in the state.
He said: “Besides national laws, the Rivers State Government has also put in place appropriate legal framework to promote and protect investments in the state”.
Wike said as a gateway into the South-South and South-East zones, Rivers State also boasts of immense investment opportunities in the area of information and communication technology.
He added that there are remarkable investment opportunities in the areas of tourism and hospitality, pointing out that as the destination of choice for organisers of events, conferences and sporting events, Rivers State investment climate will reward any foreign investor.
The governor pointed out the successes recorded by establishing the innovative Port Harcourt Pleasure Park, which is now a regional centre of tourism, attracting several thousands of Nigerian and foreign visitors.
Wike informed the European investors that investment opportunities exist at the Greater Port Harcourt City Development Authority, where his administration has established framework for public-private partnerships, land subsidies and the development of infrastructure.
He also stated that there are investment opportunities in the area of manufacturing where investors can take advantage of the Trans-Amadi Industrial Estate.
The state chief executive added that public housing and property development remain another profitable outlet because of the population of the state.
The governor maintained that the availability of vast arable land and water makes Rivers State the national hub of agriculture and agro processing.
He said: “The state’s population, including the middle class is increasing in geo-metric proportions. Besides, the availability of a young educated, skilled and semi skilled population eager for employment offers abundant workforce and large emerging and relatively untapped market for consumer products and services.
Wike said that Rivers State possesses abundant natural resources, two existing seaports, an international airport and Nigeria’s second largest economy, waiting for credible international investors.
Wike was accompanied by Senator George Sekibo, Commissioner for Information and Communications, Barrister Emma Okah, Chairman of Greater Port Harcourt City Development Authority, Chief Ferdinand Anabraba, Commissioner for Sports, Boma Iyaye and former Deputy Speaker of the House of Representatives, Austin Opara.
The Rivers State Government says there are sinister moves by enemies of the government to stifle the economy of the state through orchestrated media-sponsored propaganda.
The Permanent Secretary, Rivers State Ministry of Information and Communications, Pastor Paulinus Nsirim stated this while speaking as chairman during a media chat by the management of Showers Group of Schools at Grace Plaza, Woji Road in Port Harcourt, yesterday.
Nsirim opined that the intention of the purveyors of the scheme was to blackmail the state government and cripple economic activities with insecurity-sponsored propaganda in the media, adding that the state was safe more than any other state in the country.
According to him, the state is the hub of oil and gas production which sustains the country, lamenting that due to the media-induced propaganda, some of the operators were moving out of the state.
He urged the media to change the narrative by telling the world and the society the proper situation of things in the state with a view to informing the public about prevailing peace and security and the aboundant business opportunities in the state.
“A lot of businesses in the state are moving to the West due to the media propaganda.
“As journalists, we must help to change the narrative. If you go to Onne and other places, you will see that there is nothing happening”, he stressed.
The permanent secretary averred that those living and doing business in the state owe it as a duty to support the state government in its effort to better the economy by painting the true picture of the state.
“If you live in the state and do business here, you owe it a duty to protect the economy of the state. In fact, the Nigeria Union of Journalists (NUJ) and the media must rise above this sentiment, and help tell the true story of Rivers State”, he added.
Nsirim, however, said there was the need to support those who were providing qualitative education in the state so as to encourage them to succeed in their business of human development.
Earlier in her speech, the Chief Executive Officer, Showers Group of Schools, Mrs Ekama Emilia Akpan said the essence of the media chat was to build good relationship with the media as well as showcase some achievements recorded by the school.
Ekama said the passion of using the youth to capture the society was the reason why she chose education as the only way to achieve the target, adding that the school has commenced A-Level programmes for Nigerian students aimed at affording them opportunity to gain direct admission into tertiary institutions abroad.
She also disclosed that her students have made outstanding performances in their academic careers within and outside the shores of the country.
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Fubara: Nigeria Needs God-fearing Leaders To Make Progress …Applauds Seventh Day Adventist
Governor of Rivers State, Sir Siminalayi Fubara, says Nigeria needs God-fearing leaders for the nation to move in the right direction and make meaningful progress.
The Governor stated this yesterday when he received in audience, the World President of the Seventh Day Adventist Church, Pastor Erton Kohler; his wife, Andriene Marques Kohler; daughter Mariana Marques Kohler and a retinue of ministers of the church at Government House, Port Harcourt.
Fubara who hailed the Seventh Day Adventist Church for its contributions to education and the grooming of future leaders in Nigeria, expressed delight that the Church had over the years, been investing in education at various levels and currently runs two universities in the country.
He commended the church for not only using its institutions to spread the gospel of Christianity but to groom future leaders for the country.
According to him, religion should not be just about defending one’s faith, but also making meaningful impact on the lives of the people.
He said that by floating these educational institutions, the church has demonstrated capacity to support Nigeria in the task of producing not only educated people but a breed of God-fearing leaders.
“Our country is where it is today because we lack the fear of God. If you have the fear of God, there should be a limit to what you can do because you understand the supremacy of God. But when God is not in your equation, you’ll go beyond the line and that is what has brought us to where we are today.
“So, I feel very happy that you are contributing to the development of our future leaders in this country. We need the right people being in the right place; prepared properly with good minds; that is what we need, not just in Nigeria but round the whole world.,” he said.
Governor Fubara further observed that the absence of God-fearing people in high places to take the right decisions that could impact positively on the society, has also given rise to other problems such as social inequality, poverty, corruption and criminality. According to him, Nigeria needs a system where the average parent could afford quality education for their children and a guarantee that upon graduation, the average child will have the capacity to compete favourably with anybody, anywhere in the world.
“If we have a situation where the little money that you’re being paid as wage can also afford you quality healthcare and after working at least for 15-20 years, you have a roof over your head, tell me why you should be involved in any kind of crime? At that point, you’ll feel secured and this attitude of insecurity about the future that leads to all the social vices we have today won’t be there,” he said.
Governor Fubara expressed appreciation to the delegation for the visit and for their prayers for Rivers State, assuring them of his continued support for their programmes in the state.
Leader of the delegation and World President of the Seventh Day Adventist Church, Pastor Erton Kohler said he was in Nigeria for a special conference of the church during which thousands of the church’s ministers will be undergoing an empowerment programme to further equip them for the task of herding their flocks and serving the society.
He expressed gratitude to the Governor for the warm reception accorded his entourage, saying the memory of the visit will linger in his mind for a lifetime.
Kohler disclosed that the Church has over twenty -four million (24,000,000) members and more than 182,000 places of worship, spread across 212 countries of the world.
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Rivers Assembly Approves Fubara’s 2026–2028 MTEF
The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.
This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.
The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.
Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.
Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.
He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.
The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.
During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.
The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.
Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.
Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.
The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.
According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.
Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.
The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.
King Onunwor
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JUNE 12: Democracy Remains Nigeria’s Strongest Path To Unity, Progress, Says Fubara ….Extols Abiola, Wife
Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed that democracy remains the most effective system of government for Nigeria, given the country’s rich diversity of ethnic, religious, and cultural identities.
In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far more than a historic date; as it embodies the enduring struggle, sacrifice, and collective aspiration of Nigerians for freedom, justice, and representative governance.
The Governor extended warm felicitations to Nigerians at home and in the Diaspora, paying tribute to the heroes and heroines of the democratic struggle, particularly Chief MKO Abiola, his wife, Kudirat Abiola, and countless others whose courage and sacrifices helped secure the democratic freedoms Nigerians enjoy today.
According to him, “June 12 is a reminder of the price paid for the democracy we enjoy today. The sacrifices made by Chief MKO Abiola, Kudirat Abiola, and many other patriots who laid the foundation for the democratic journey we continue to enjoy today. Their commitment to the principle that power must ultimately reside with the people remains a source of inspiration for every generation of Nigerians.”
Governor Fubara noted that thirty-three years after the historic June 12, 1993 election, Nigeria’s democratic experiment has continued to evolve despite challenges and setbacks.
“Our democratic journey has not been without difficulties, but the resilience of our institutions and the determination of our people have kept the nation moving forward. The ability to express differing opinions, engage in constructive debate, and peacefully choose leaders through the ballot remains one of the greatest achievements of our nation,” he said.
Governor Fubara stressed that democracy provides the best framework for managing Nigeria’s diversity and transforming it into a source of national strength.
“Nigeria’s diversity should never be seen as a weakness. Properly harnessed, it is our greatest asset. Democracy offers us the opportunity to build consensus, promote inclusion, strengthen national unity, and create the conditions for sustainable development and shared prosperity,” he said.
Governor Fubara commended President Bola Ahmed Tinubu, for his commitment to the Renewed Hope Agenda and ongoing efforts aimed at economic revitalization, strengthening security, and deepening democratic institutions across the country.
He reiterated the readiness of Rivers State to continue partnering with the Federal Government in advancing policies and programmes that improve the lives of citizens through infrastructure development, job creation, enhanced security, quality education, healthcare delivery, and good governance.
The Governor further called on Nigerians, regardless of political affiliation, ethnic background, or religious belief, to use the occasion of Democracy Day to renew their commitment to the Nigerian project and the ideals that underpin democratic governance.
“Democracy must not be viewed merely as a periodic electoral exercise. It must be reflected in our daily commitment to accountability, transparency, tolerance, justice, respect for the rule of law, and responsible leadership. As citizens and leaders, we all share a collective responsibility to strengthen our democracy and build a nation that future generations will be proud to inherit,” he said.
Governor Fubara expressed optimism about Nigeria’s future, urging citizens to remain united, hopeful, and committed to the values of peace, dialogue, and national development.
“Together, we can build a stronger, more inclusive, and more prosperous Nigeria where every citizen has the opportunity to thrive and contribute meaningfully to national progress,” he said.
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