Rivers State Governor, Siminalayi Fubara, has signed an Executive Order to establish an investment agency that will coordinate the barrage of enquiries and business interests expressed by investors who now consider the state as a destination of first choice.

Fubara signed Executive Order No. 002 of 2024 for the establishment of the Rivers State Investment Promotion Agency after it was presented to him by the State Attorney General and Commissioner for Justice, Dagogo Israel Iboroma, at the Executive Council Chambers of the Government House, Port Harcourt, yesterday.

The governor explained that he had just given force to one of the recommendations in the report submitted to him by the committee that handled the organisation of the Rivers State Economic and Investment Summit in May.

He noted that it is undisputed that the summit served as a veritable platform to open the state for economic advancement, adding that the Investment Promotion Agency will be a one-stop shop to handle all related activities seamlessly in the state.

Fubara said: “What we just did today is in line with one of the recommendations of the special committee that handled the Rivers State Economic and Investment Summit that was held in May this year.

“As a fall out of that summit, we all agreed that the windows and the big doors for economic advancement of the state have been opened. But, it will be very important for us to have a one-stop shop.”