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

Guinea Insurance Completes Recapitalisation, Positions for Market Leadership, Next Phase of Growth

Guinea Insurance Plc has successfully completed its recapitalisation exercise,...

AXA Mansard’s New Digital Tool to Make Vehicle Inspection Fast and Easy

AXA Mansard Insurance, a member of the AXA Group,...

AXA Mansard Health’s WhatApp ChatBot, Karis, to Reduce Waiting Time at Hospital

In an attempt to reduce waiting time and ensure...

AXA Mansard, Lagos DSVA Intensify Campaign Against Domestic, Sexual Violence

AXA Mansard has partnered with the Lagos State Domestic...

Topics

Verve Partners Alcineo, Unveils SoftPOS to Boost Contactless, Digital Payment

  Vincent Ogbunude Managing Director Verve International Africa’s leading payment cards and digital...

Emirates Brings Back Lagos, Abuja to its Route Network

Emirates has announced it will resume passenger services to...

NNPC Says Crude Oil Production, Price Benchmark for 2024 Budget Realistic

The Nigerian National Petroleum Company Limited has assured that...

Guinea Insurance Grows Investment Income by 50.5% in 2019

R-L: Ranti Oke, DCSL Company Secretaries Limited; Samuel Onukwe,...

MTN Nigeria Board Condemns Xenophobia in South Africa

The Board of MTN Nigeria wishes to add its...

Ecobank Research: Gas, FinTech to Drive African Economies

The 2017 version of Ecobank Research’s Fixed Income, Currency...

Insurance Journalist Escapes Death from Auto Accident

The Insurance Editor of NewsPage Media, Sola Alabadan, escaped...

NDIC Initiates N47bn Payment to Heritage Bank Depositors

A liquidation dividend represents amount paid by the Corporation...