ADVERTISEMENT

Fubara promises investment-friendly policies in Rivers

The governor commended the community for the cooperation given to the investors and urged them to support the market to grow stronger.

Gov Siminalayi Fubara of Rivers [NAN]

Fubara made the promise during the inauguration of phase one of the Port Harcourt Electrical and Electronic Village in Iriebe on Thursday.

The governor who also commissioned work to start on phase two of the project, said that sustainable development required the input of the private sector.

He noted that the government alone could not develop the state, saying,” We need private investors to support our government’s development drive.

ADVERTISEMENT

“Let me clearly state that this project is not owned by the state government, it is owned by an investor who has taken advantage of the favourable business atmosphere in the state.

“We were deliberate to tell the world that our state is open for investors to come in, we reaffirm our promise to make our state an investment haven.

The electrical and electronic spare parts dealers market was located in the heart of Port Harcourt, that location was never convenient for traders and road users.

“That market was contributing to heavy traffic and congestion in the city. So bringing the market to Iriebe is a good omen.

“This move has helped to decongest the city and put Iriebe on a fast lane of development,” he said.

ADVERTISEMENT

The governor commended the community for the cooperation given to the investors and urged them to support the market to grow stronger.

Earlier, Chaplin Azubuike, Secretary, Port Harcourt chapter, Electrical and Electronics Spare Parts Dealers Association, said that the body pulled resources together to purchase the land where the market was built.

According to him, they purchased the land because they envisaged possible eviction from the government following the size of their previous location in the D-Line area of the city.

“Due to financial constraints, the project could not be achieved in the past 30 years until an Indigenous investor decided to come in

“The market is a one-stop facility that will boost import business because of its proximity to the Onne Sea Port.

ADVERTISEMENT

“It is designed to accommodate about 120 shops, banks, eateries, sick bay, and truck park among other facilities.

On his part, Emma Egbavo, Chief Executive Officer, Revelation Agent, commended the government and the communities for their cooperation during the construction of the marker.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Suspected kidnappers arrested while trying to escape with ransom

Suspected kidnappers arrested while trying to escape with ransom

Abia records 109 cases of stooling, vomiting but no cholera

Abia records 109 cases of stooling, vomiting but no cholera

Some Nigerians have no choice but to use charcoal stoves as kerosene price skyrockets

Some Nigerians have no choice but to use charcoal stoves as kerosene price skyrockets

Here's why storing cooked food in refrigerator for over 3 days could kill you

Here's why storing cooked food in refrigerator for over 3 days could kill you

VIDEO: Tension in Rivers as angry youths pull down Wike's statue

VIDEO: Tension in Rivers as angry youths pull down Wike's statue

Kogi Govt bans traditional processions in Koton Karfe to maintain peace

Kogi Govt bans traditional processions in Koton Karfe to maintain peace

Governor donates 12 cows to prison inmates to give them 'sense of belonging'

Governor donates 12 cows to prison inmates to give them 'sense of belonging'

Nigeria spends ₦884 billion to import palm oil every year

Nigeria spends ₦884 billion to import palm oil every year

Politician demands recount of votes over irregularities, even though he won election

Politician demands recount of votes over irregularities, even though he won election

Pulse Sports

Finidi George responds to accusation made by Victor Osimhen in viral video

Finidi George responds to accusation made by Victor Osimhen in viral video

Elaine Thompson-Herah withdraws from the 200m of the Jamaican Olympic games trials amidst injury woes

Elaine Thompson-Herah withdraws from the 200m of the Jamaican Olympic games trials amidst injury woes

PulseSports30: Sikiru Alimi tops Moses Simon as Osayi-Samuel comes in at 24

PulseSports30: Sikiru Alimi tops Moses Simon as Osayi-Samuel comes in at 24

Victor Osimhen's future in the balance: Premier League or Saudi Pro League?

Victor Osimhen's future in the balance: Premier League or Saudi Pro League?

FIFA Rankings: Nigeria ahead of Ghana& South Africa, remain best team in the continent

FIFA Rankings: Nigeria ahead of Ghana& South Africa, remain best team in the continent

'Sack him now' - Reactions as Finidi George fails to inspire Super Eagles against Benin

'Sack him now' - Reactions as Finidi George fails to inspire Super Eagles against Benin

ADVERTISEMENT
ADVERTISEMENT