DIPLOMAN TIMES

Rivers State Governor Siminalayi Fubara has used the 81st United Nations General Assembly platform in New York to present the state's investment opportunities, with particular emphasis on oil and gas alongside agriculture, the blue economy, manufacturing and renewable energy.

Speaking with journalists on the sidelines of UNGA 81, Governor Fubara said Rivers State's participation was intended to give the state greater international visibility and present its economic opportunities to potential investors. He specifically identified oil and gas as a major area while also pointing to other sectors within the state's economic base.

Fubara said the state's participation included efforts to open discussions around business opportunities, financing and investment. He described the UNGA platform and associated side meetings as avenues for engaging investors and institutions that may have immediate or longer-term interests in Rivers State.

The governor connected the international investment drive with the administration's establishment of the Rivers State Investment Promotion Agency, which he described as a one-stop structure intended to facilitate and protect investments. He said the engagements in New York would complement the agency's activities.

The state government publication also identified agriculture, the blue economy, manufacturing and renewable energy among the areas in which Rivers is seeking investment. The governor said the state was peaceful, stable and open for business, while outlining the sectors as areas of opportunity.

Rivers State is participating alongside other Nigerian subnational entities at the UNGA period, with the publication stating that engagements have been lined up with development finance institutions, multinational corporations and diaspora investors. The outcome of those engagements had not been established in the supplied account, making the current development an investment-promotion effort rather than a confirmed investment result.