Rivers State Remains Top Oil Investment Hub — Fubara

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Rivers State Governor, Biodun Fubara, has reaffirmed that the state remains a safe and attractive destination for oil and gas investment, assuring both local and international investors of a secure business environment. The governor made the statement during a recent investor engagement forum in Port Harcourt.

Governor Fubara highlighted the state’s rich hydrocarbon resources, strategic location, and ongoing infrastructure development as key factors that make Rivers a leading hub for oil and energy ventures. He emphasized that the state government is committed to creating enabling policies, security measures, and regulatory frameworks to encourage sustainable investment.

According to the governor, the state has intensified security patrols in key oil-producing areas, working closely with the Nigeria Police, the Nigerian Security and Civil Defence Corps, and local communities to prevent pipeline vandalism and criminal activities. He reassured investors that these efforts are yielding positive results, making Rivers one of the safest states for oil operations in the Niger Delta region.

Fubara also announced plans to streamline licensing procedures, improve power and transportation infrastructure, and facilitate public-private partnerships, aimed at boosting investor confidence and expanding economic opportunities in the state.

He urged investors to take advantage of the government’s pro-business policies, noting that the state is determined to maintain its position as the preferred destination for oil and gas development in Nigeria.

The forum attracted participation from multinational oil companies, local operators, and financial institutions, signaling strong interest in continued investment in Rivers State.

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