Rivers State Governor, Siminalayi Fubara, says the tension being experienced in the country will reduce by 70% if the cost of living is drastically reduced.
Speaking at the signing of the Executive Order Number 2, 2024, to establish the Rivers State Investment Promotion Council, Fubara said the action aligns with the recommendations of the committee that organized the State Economic and Investment Summit in May.
According to him, the agency’s board will be formed in the coming days and expressed optimism about attracting robust investments in agriculture and healthcare, while emphasizing the importance of having a one-stop shop for investors to make inquiries and receive advice on investments.
The governor however submitted that Nigerian states must begin to cater for their local needs, to reduce dependency on imported goods and heavy reliance on the federal government.
