Rivers State Governor, Sir Siminalayi Fubara, has emphasized the need for closer economic collaboration between International Oil Companies (IOCs) and the government to promote a thriving business environment in Rivers State. He made this call during a courtesy visit by the outgoing Managing Director/Country Chair of Total Energies EP Nigeria Limited, Mike Sangster, and his team.
Governor Fubara assured the visiting delegation that his administration would protect economic investments in Rivers State and create a conducive and secure environment for businesses to thrive. He highlighted that a conducive business environment is essential for generating tax revenues that the state government utilizes for its development initiatives.
The outgoing Managing Director/Country Chair of Total Energies EP Nigeria Limited, Mike Sangster, expressed gratitude to the governor for the audience and underscored his company’s significant role as a major provider of gas for the Nigeria Liquified Natural Gas Limited. He emphasized that Rivers State serves as a crucial operational base for the company and sought the government’s support in securing its pipeline facilities.
Governor Fubara’s call for stronger economic synergy between IOCs and the government reflects the importance of collaboration between private sector entities and public authorities to drive economic growth and development in the region. It also highlights the significance of creating a secure and supportive environment for businesses to thrive and contribute to the state’s economic prosperity.
