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

T+1: SEC Insists on 5pm Settlement Deadline for Equities, Commodities on CSCS Platform

The Securities and Exchange Commission (SEC) has fixed 5:00...

Tinubu: Refineries Will Return to Deliver Profit, Welcomes Support by NUPENG

President Bola Ahmed Tinubu said in Abuja refineries will...

NRS Chair: Report of $279m Frontier Exploration Fund Transfer is Fake News

The Executive Chairman of the Nigeria Revenue Service (NRS),...

Former CFI: Regulatory Concession on Recapitalisation Will Undermine Integrity of the Process

The former Commissioner for Insurance/CEO, National Insurance Commission (NAICOM),...

Terrorism: SEC Directs Capital Market Operators to Freeze Assets of 9 Financiers

The Securities and Exchange Commission (SEC) has directed capital...

Topics

2023: What’s the Peace Accord for?

By Haniel Ukpaukure Many years of faltering in Nigeria’s electoral...

Insurance Sector 2021: N2tr Total Assets, N630bn Premium Income, N238bn Claims

The National Insurance Commission (NAICOM) says the total assets...

Nigeria Ranks 64 on Global Pension Indicator

  Today, Allianz unveiled the first edition of its “Global...

SUNU Nigeria’s Free Mammogram/Breast cancer Screening Receives Positive Feedback

SUNU Assurances Nigeria Plc, a leading insurance company and...

Kerry Leading US Delegation to Nigerian Presidential Inauguration

U.S., Secretary of State, John Kerry will lead the US delegation to the inauguration of Nigerian president-elect Muhammadu Buhari in Abuja this week, the White House has said. Buhari will be sworn in on May 29 after defeating out-going president Goodluck Jonathan in the first Nigerian election that saw the opposition candidate defeat an incumbent.

NCC, SEC, NASENI CEOs to Discuss Business, Economic Recovery at WES 2024

All is set for the annual WorldStage Economic Summit in Lagos...

NAICOM, Insurance Industry Mourn Buhari

It is with profound sadness that we received the...