Port Harcourt Officially Crowned Nigeria’s Premier Energy City, Ibas Rallies Private Sector, Pledges Support
Port Harcourt, the capital of Rivers State, has been officially crowned Nigeria's Premier Energy City by the state government and the Society of Energy Editors. This designation is part of an effort to position the city as a global energy hub, alongside cities like Houston, Aberdeen, and Stavanger.
Vice Admiral Ekwe Ibas (rtd), the Sole Administrator of Rivers State, confirmed the government's commitment to investing in Port Harcourt and invited the private sector to continue investing in the city. He emphasized the government's focus on providing security, fiscal discipline, and a policy framework to make investments viable and profitable.
Ibas highlighted Port Harcourt's importance in the oil and gas sector and its potential to become a center for gas development, refining, petrochemicals, and renewable energy innovation. The event also included discussions on the need for diversification into renewables and stronger collaboration among stakeholders in the energy sector.
The recognition of Port Harcourt as Nigeria's Premier Energy City marks a new beginning and.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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