Fubara woos investors amid political crisis, says ‘Rivers safe haven for investment’

Kenneth Ibinabo
Kenneth Ibinabo
Sim Fubara

Siminalayi Fubara, governor of Rivers, has assured investors that the state is a “safe haven” for investments.

The governor spoke in a post published across his social media platforms on Friday. “I make bold to say that, Rivers state is a safe haven for investment,” Fubara wrote.

In the last 48 hours, nine commissioners have resigned from Fubara’s cabinet amid the political crisis in the state.

The commissioners who tendered their resignation letters are Zacchaeus Adangor, commissioner of justice and attorney-general; George-Kelly Alabo, commissioner for works; Inime Aguma, commissioner for social welfare and rehabilitation; Emeka Woke, commissioner for special duties and Chinedu Mmom, education commissioner.

Others are Isaac Kamalu, commissioner for finance; Gift Worlu, commissioner for housing; Jacobson Nbina, commissioner for transport and Austin Ben-Chioma, commissioner for environment

The gale of resignations is suspected to be related to the feud between Fubara and Nyesom Wike, former Rivers governor and minister of the federal capital territory (FCT).

The feud between the duo snowballed to the Rivers assembly — a development that has led to the polarisation of the state legislature.

The faction loyal to the state governor has five members and is led by Edison Ehie, while the one led by Martin Amaewhule, has 26 members.

On Wednesday, Fubara presented the 2024 budget estimate to the Ehie-led faction of the assembly.

Ehie had earlier declared the seats of 27 Peoples Democratic Party (PDP) lawmakers, who defected to the All Progressives Congress (APC), vacant.

Just before the budget presentation by the governor, the state government commenced the demolition of the assembly complex, citing cracks on the walls of the building from the October fire incident as the reason.

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