Wike Tasks Investors on Employment of Rivers’ Indigenes

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Rivers State Governor, Nyesom Wike, has charged business ventures in the state that they would only get the support of the state government if they employ indigenes in their operations.


This is as he declared that his administration has created a favourable investment climate and has fundamentally reduced cases of multiple taxations in order to encourage private investors.



He stated this on Thursday at the inauguration of the Port Harcourt branch of Globus Bank.



Wike also stated that his administration has eliminated instances of harassment of businesses operating in the state.


 
According to him, "We have stopped the harassment of businesses and multiple taxations in the state.



"As a result, several businessmen are trooping to the state.  We have also created the right environment for investors to operate."



Wike stated that the investments of the state government in the security sector have paid off as the state has been declared safe for investments by the United States Embassy in Nigeria.



He urged the new bank to offer employment to qualified Rivers’ people, stating that that is the only way the state government would support the institution.



"I am only willing to do business with you if Rivers’ people are employed and given prominent placements in the bank," he said.



In his remarks, the Managing Director of Globus Bank, Mr. Elias Igbinakenzua, said the presence of the bank in Rivers State shows the economic importance of the state.



He said as the second largest economy in the country with 21 per cent of the country's crude oil, the bank resolved to open its second branch in Rivers State.


Igbinakenzua stated that the Rivers State Government has improved the investment climate of the state by encouraging private investors.



"I urge the government and people of Rivers State to support the new bank because it will help in driving the empowerment of the people," he said, adding that the bank would work towards improving the economy of the state.

 

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