- Rivers State strengthened partnerships to protect vital oil and gas assets.
- The summit encouraged the development of new ideas to boost energy sector growth.
Rivers State has renewed its call for increased investment, highlighting its status as a significant energy powerhouse in the state. During an oil and gas summit in Port Harcourt, Governor Siminalayi Fubara reaffirmed the state’s commitment to safeguarding energy assets. He emphasised that the industry remains crucial to the state’s economic future.
Represented by the Secretary to the State Government, Dr Benibo Anabraba, the governor outlined the vital role Rivers State plays in Nigeria’s energy landscape. As a result of decades of activity, the state now hosts several national and international oil companies. Consequently, this long-standing presence continues to strengthen investor confidence. The consistent involvement of global operators also reinforces the dependability of the Rivers State energy powerhouse.
The governor confirmed that his administration has intensified cooperation with the Federal Government. Additionally, it has expanded partnerships with security agencies to protect vital infrastructure. The government also works closely with host communities, ensuring that investment thrives in a stable environment. Through these collaborations, Rivers State continues to support uninterrupted growth in the sector.
Fubara reminded investors that the state generates more than 40 per cent of Nigeria’s hydrocarbon revenue. This contribution positions Rivers State as a key driver of national economic strength. Since the state’s prosperity is closely tied to the oil and gas sector, the administration remains focused on protecting essential assets and promoting responsible development.
At the summit, Mr Emeka Ugwu-Ozu, Founder of the Nigeria and Entrepreneurship Summit and Honours Foundation, addressed delegates. He described the event as an ideal platform for industry discussions. Furthermore, he noted that the roundtable promotes ideas that expand local participation. He stated that the outcomes aim to meet standards recognised globally.
The gathering attracted policymakers, investors and industry operators from across the country. Due to the diverse attendance, the summit encouraged new strategies to enhance the industry’s contribution to national and state development. Participants also explored emerging opportunities that could support long-term sector resilience.
Rivers State continues to position itself as a preferred destination for investors searching for security and stability. Consequently, the government remains committed to creating an environment that supports sustainable expansion. The summit strengthened confidence in the state’s ability to shape Nigeria’s energy future.