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

OPay Plans IPO in US, Listing on NGX to Empower Nigerian Investors

The prospect of Nigerian investors owning a stake in...

Philanthropist Revives Critical Thinking with South-East Campus Debate Oct 17

Dr. Ikenna Okafor, a philanthropist and businessman says the...

BBNaija: ARP Report Examines a Decade of Fame, Controversy, Commercial Value

New Africa Reputation Pulse report examines a decade of...

Nigeria, Other African Nations Expand Local Defence Production to Save Foreign Currency

  Major arms imports to sub-Saharan Africa rose 13%...

Topics

NCC: MTN Nigeria Licence Not Renewed Yet

The Nigerian Communications Commission (NCC) says it has yet...

NIA Chairman, Kunle Ahmed, Confirmed to Speak at IMT 4.0 Conference

Insurance Meets Tech (IMT), West Africa's leading platform for...

Stanbic IBTC Deepens Commitment to MSME Growth through Strategic Partnership with Abia State

Stanbic IBTC has reaffirmed its commitment to accelerating the...

Root Capital, The MasterCard Foundation to Raise Income for 300,000 Farmers in West Africa

Impact investing pioneer, Root Capital announced at the African...

Sanlam Nigeria Unveils USSD *1056# Code of Confidence for Instant Motor Claims Settlement

Sanlam General Insurance Nigeria Limited, is thrilled to announce...

Nigeria Raised $2.5bn from Bonds in Q3 2018

Nigeria raised over $2.5 billion bond in quarter three...

Saudi Arabia Projects $34.5bn ICT Spend in 2019

Overall spending on information and communication technology (ICT) in...

SCIB Honours Ms. Efekoha with Best Staff Award

Mr. Shola Tinubu, Managing Director, SCIB (left), presents the...