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Rivers State Is Nigeria's Investment Haven – Gov Wike





Reports from Simeon Nwakaudu, the Special Assistant to the Rivers State Governor, Electronic Media,says that Rivers State Governor, Nyesom Ezenwo Wike has declared that the State remains Nigeria’s investment haven with the potential of helping the country exit her current economic recession.

Speaking after leading members of the Rivers State Executive Council and Rivers Elder Statesmen on a tour of the N140billion GreenGas LNG Facility being constructed by Grenville Nigeria Limited in Rumuji, Emohua Local Government Area on Friday, Governor Wike said that the State is critical to any plan to revive the nation’s economy.

He said: “Despite the negative propaganda being sponsored by opposition politicians in the state, investors have continued to troop to our State. This GreenGas LNG facility which will serve different states in the south and North has attracted over N140billion worth of investment to the country .

“I am happy that our investments in the security agencies have continued to yield fruits with greater investor confidence. For us, we will continue to provide the enabling environment for foreign investors to bring their funds to Rivers State “.

Governor Wike said the project has already started generating employment for the State, pointing out that the cumulative effect when it is completed will further expand the economy of Rivers State.

He urged the people of Rumuji community to cooperate with the investors as they will always benefit from the GreenGas LNG Facility.

“Rivers State is key to the development of this country. Foreign investors know this fact. There is no reason why anyone who wants to develop the economy of this country will ignore this State. Today, the $1.5billionUSD Indorama Fertiliser Plant is on stream and now we are in the process of having the N140billion GreenGas LNG Facility “, Governor Wike said.

Earlier, the Chairman of Greenville Nigeria Limited, owners of GreenGas LNG Facility, Eddy Van Den Broeke said:”We are in Rivers State to form a partnership with the state government for necessary economic growth “.

He said the project covers 42 hectares and will employ between 3000 and 3500 workers upon completion. Broeke said at present 80 workers daily at the project site.

He said that on completion, 250 trucks will be loading from the facility, while it will generate 150 megawatts of electricity to serve Rivers State and Nigeria.

The Chairman of Greenville Nigeria Limited added that the gas produced at the facility will help other parts of the country produce 600 megawatts of electricity.

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