RSIPA Forum Seeks Single Tax Window, Partnerships to Drive Growth in Rivers State

Dr. Chamberlain Peterside, Director-General, Rivers State Investment Promotion Agency (RSIPA)-2nd Left; Mr. Tony Epelle, Managing Consultant & CEO, SAMUELSON Advisory Services (2nd Right) and other participants at the interactive session for MDAs and OPS organised by RSIPA in Port Harcourt.

An interactive session organised in Port Harcourt by the Rivers State Investment Promotion Agency (RSIPA) has called for a single tax window, competitiveness and strategic partnerships to ensure growth and development in Rivers State.

The participants at the forum said there is need to curb multiple taxation, especially at the local government level and harmonisation of taxes in the State to encourage local and foreign investment.

Other major drivers of inclusive development canvassed at the session include:

  • Export logistics
  • The optimal use of the high seas for effective participation in the Blue Economy
  • Timely processing of land documents
  • ⁠Effective planning for waste & environmental management
  • RSIPA should be part of creating an enabling environment for businesses and investment

In his closing remarks, the Chairman of Rivers State Investment Promotion Agency (RSIPA), Dr. Lawrence Fubara Anga said the Government and people of Rivers State must hold their destiny in their hands to drive sustainable development of the State.

“We cannot continue to be a transit point. We must build Rivers State beyond oil & gas.”

The programme was attended by Elder Statesmen, State Commissioners, Permanent Secretaries, Representatives of Government Agencies, Legal Practitioners, Bankers, Labour Leaders, Management Consultants & major organisations in Rivers State.

Goodwill messages were received from the President of Port Harcourt Chamber of Commerce; President of Bonny Chamber of Commerce and the Bank of Industry (BOI).

The objectives of setting up RSIPA include:

  • Initiate, promote, facilitate, co-ordinate 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 Rivers’ people and contribute to economic empowerment and eradication of poverty in the State.

 

 

Hot this week

Stanbic IBTC Reinforces Capital Markets Leadership Through Dangote Refinery IPO

Stanbic IBTC Holdings Plc has reinforced its position as...

CBN Bags NES Distinguished Organisation Award for Economic Reforms

The Central Bank of Nigeria (CBN) has received the...

Leadway Assurance Backs ISSP Initiative to Deepen Insurance Penetration, Consumer Trust

Leadway Assurance, Nigeria’s leading insurance services provider and a...

RMB Nigeria Advises on BOI’s N274.18bn Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

LG Electronics Highlights Seven Home Appliances at IFA 2026

As routines and lifestyles evolve across Europe, consumers are...

Topics

NAICOM Boss, PenCom DG, Others for 6th BusinessToday Confab

The Commissioner for Insurance, National Insurance Commission (NAICOM), Mr....

Sterling One Foundation CEO, Olapeju Ibekwe, Joins Board of UN Global Compact Network Nigeria Ahead of UNGA 80

    Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation,...

IATA: African Airlines Record 9.9% Traffic Rise in June

The International Air Transport Association (IATA) announced global passenger...

Emirates SkyCargo Bolsters Connectivity between Europe, Global Network

Emirates SkyCargo, the cargo arm of the world’s largest...

Financial Services Innovators Partners FUT Minna to Launch Virtual Innovation Lab

Financial Services Innovators (FSI), a not-for-profit organisation in Lagos...

BudgIT Condemns Abia, Ondo, Taraba States for Owing Civil Servants

Governor Okezie Ikpeazu of Abia State BudgIT, a foremost civic-tech...

Manufacturers Need to Embrace New Technology to Become Globally Competitive

With a new report predicting that British manufacturers are set to increase their productivity by 15.5% over the next five years, boosting exports by 35%, the UK is holding its own on the global stage. Such is the strength of the industry, that manufacturing is projected to deliver 40% of Britain’s productivity gains over the next decade.

Ecobank, Terre des Hommes Launch Safe Savings Project to Empower Street Children Escape Poverty

Ecobank, the pan-African bank, is partnering with leading international...