Rivers State Governor, Siminalayi Fubara
Rivers State Governor, Siminalayi Fubara, has again pitched the state as one of Nigeria’s safest and most strategic destinations for oil and gas investment, assuring industry players that his administration is committed to protecting the sector’s assets and enabling growth.
Speaking at an oil and gas summit in Port Harcourt on Tuesday—where he was represented by the Secretary to the State Government, Dr. Benibo Anabraba—Fubara said the state’s economic future was inseparable from the fortunes of the energy industry that has defined it for decades.
According to him, Rivers remains home to a long list of national and international oil giants, a factor that has cemented its status as a prime investment hub.
“Our state is the centre of Nigeria’s hydrocarbon industry; its oil and gas resources generate over 40 per cent of the country’s revenue,” he said.
Fubara added that his administration had deepened cooperation with the Federal Government, security agencies and host communities to ensure the safety of critical oil and gas infrastructure.
“Considering that the survival and economic development of the state are closely connected to the growth of the oil and gas industry, our government has continued to focus on safeguarding the national oil and gas assets,” he noted.
Founder of the Nigeria and Entrepreneurship Summit and Honours Foundation, Mr. Emeka Ugwu-Ozu, also addressed participants, describing the gathering as an essential platform for industry stakeholders to exchange ideas and chart a path for improved local participation. He explained that the roundtable was designed to produce outcomes “comparable to globally accepted standards.”
The summit brought together policymakers, investors, and operators seeking fresh approaches to strengthen the sector’s contribution to both state and national development.
