PHCCIMA President Advocates Non-Oil Economy

The President of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA), Mike Elechi, has demanded for an urgent shift to non-oil economy.
He made the statement while addressing the monthly general meeting of PHCCIMA members recently in Port Harcourt, saying over-dependence on oil has caused a lot of damages to the Nigerian economy and has impoverished its citizenry.
The President noted that agriculture was the corner stone of Nigerian economy before the discovery of crude oil in commercial quantity.
Noting that palm kernel exported from Rivers State (Nigeria) turned around the fortunes of Malaysia, he lamented that the drivers of Nigerian economy are yet to “wake up from their slumber”.
The PHCCIMA boss stressed that  agriculture and the growth of SMEs are the best way to having a viable economy for the survival the country.
Elechi,  while encouraging new members during the forum, explained that one of the three broad objectives of his administration is to grow and expand the membership strength of the Chamber.
”We are welcoming and inducting these quality persons representing various companies of repute from different sectors across the state into our premier and prestigious Chamber as PHCCIMA.
“PHCCIMA, as the umbrella body of the business community in Rivers State, is ensuring implementation of good policies by Rivers State Government, which are geared towards ease of doing business in the state, thereby promoting public and private sector partnership to improve the socio-economic well-being of the people of the state,” Elechi said.