Fubara Calls for Private Sector Investment in Blue Economy

During the Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) conference held in Port Harcourt, River State Governor Siminialayi Fubara called on the private sector to invest in Nigeria's blue economy, highlighting its vast potential. He emphasized the importance of partnerships between the government and private sector to unlock economic opportunities, aiming for a $1 trillion investment in the Gulf of Guinea.

Fubara noted that without private sector involvement, foreign entities might dominate the industry, particularly in fishing, which could lead to economic losses for the state. He reiterated the government's commitment to creating an enabling environment for private sector participation and job creation.

Engr. Jani Ibrahim, NACCIMA President, praised the state for its investment-friendly policies and infrastructure development, while Dr. Chinyer Nwoga, host of the conference, acknowledged River State's readiness for business investment.