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Business

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Rivers State Investment Promotion Agency Holds Interactive Session with OPS, MDAs in PH

The Rivers State Investment Promotion Agency (RSIPA) will tomorrow (March 6, 2025) hold an interactive session in Port Harcourt, Rivers State with leaders of the Organised Private Sector (OPS) and MDAs on the ease of doing business in Rivers State.

Mr. Tony Epelle, the Managing Consultant & CEO, SAMUELSON Advisory Services said the vision of RSIPA is to position Rivers State as the leading investment destination in Nigeria, fostering sustainable economic growth and development through strategic partnerships and innovative investment solutions.

Epelle said the session tomorrow aims to attract, facilitate, and retain investments in Rivers State by providing efficient, transparent, and investor-friendly services, while promoting sustainable development and enhancing the state’s economic competitiveness.

To be able to achieve this vision of His Excellency, the Executive Governor of Rivers State, RSIPA has embarked on a number of initiatives including reaching out to its stakeholders and facilitators of businesses and investments in the State.

Accordingly, the investor and stakeholder parley being hosted by His Excellency-An Evening with the Organised Private Sector and MDAs in Rivers State tomorrow in Port Harcourt will highlight the initiatives and requirements towards the Ease of Doing Business in the State.

It will also be a platform for the public presentation of the Agency’s One-Stop-Centre portal, which will showcase the seamless process that has been developed for potential and existing investors in the State to be able to navigate the business requirements and facilitate the entry of new investors into the State.

It will be a unique B2G interactive session, where His Excellency will also demonstrate his commitment to attracting new investments by personally receiving guests and giving them the assurances they require that Rivers State is open for business and investments.

According to Epelle, the target audience for the session would be two-fold:

  • Major businessmen and investors in Rivers State, as well as members of the Organised Private Sector such as the Port Harcourt Chamber of Commerce
  • Officials of Federal and Rivers State Government Ministries, Departments and Agencies (MDAs) involved in facilitation of investments, land acquisition, taxation etc.

“This is just one of several types of meetings, programmes, roadshows, summits and campaigns being planned by RSIPA in the next few months and in the years ahead. These programmes are at the heart of the investment promotion and facilitation mandate of the Agency and will be sustained continuously.”

According to the programme, Dr. Chamberlain Peterside, Director-General, Rivers State Investment Promotion Agency (RSIPA) will make a presentation on the Ease of Doing Business in Rivers State while Dr. Lawrence Fubara Anga, the Chairman of RSIPA will welcome participants to the programme.

The Rivers State Investment Promotion Agency (RSIPA) was set up in 2024 by an Executive Order issued by His Excellency, Amuopusenibo Siminalayi Fubara, GSSRS, the Executive Governor of Rivers State.

The objectives of setting up RSIPA include:

  • Initiate, promote, facilitate, coordinate and create a conducive environment for investments and development in the State through Greenfield, Brownfield, Public-Private Partnerships, privatisation. commercialisation of State-owned assets and concessions, enterprise development schemes and employability programmes
  • Encourage and promote domestic, national and foreign investments in Rivers State to effectively strengthen and diversify the economy of Rivers State
  • Promote large-scale production, economic growth and development, realise self-sufficiency and self-reliance; and penetrate direct and indirect employment for River’s people and contribute to economic empowerment and eradication of poverty in the State.

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