By Naomi Uzoh
The Governor of Rivers state, Rotimi Chibuike Amaechi said on Friday at the Lagos International Trade Fair that the rapid process of trade fair globalisation and liberalisation should necessitate the need to capture more global markets and investment share of businesses for the states and the nation.
Speaking through the Commissioner of Commerce and Industry, Prince Ogbonna Nwuke, at the Rivers state day at the just concluded Lagos International Trade Fair (LITF), Amaechi said the challenges to the private sector of the economy has in recent past became enormous in the face of the president economic initiative, and the direction of the economy towards attaining sustainable economic development.
â€œPrivate sector businesses must therefore be adequately sensitised to brace up and face the challenges posed by global competitiveness through business networking for growth and sustainability of their businesses in an ever challenging worldâ€ he said.
He disclosed that Rivers state has mapped out strategies that has continued to ensure the prevalence of a conducive and enabling environment for businesses to thrive in the state, urging the private sector to reposition itself to face the current changes and take lead in the economy by undertaking productive investments that will not only create new jobs but also increase the share of industrial production and promote the growth of non oil export.
Furthermore, he said the investment climate in the state is very conducive now for businessesÂ and that efforts are being made under the states urban renewal programme to provide regular and uninterrupted power supply, good road network, water, housing, sanitation, transport, education, health for all, communication, tourism and entertainment business.
â€œThe relationship between the state and the organised private sector is very cordial. The state government maintains a good working relationship with Portharcourt Chamber of Commerce, Industry Mines and Agriculture, Manufacturers Association of Nigeria, National Association of Small and Medium Scale Enterprises, Cooperative Federation of Nigeria and other relevant NGOâ€™s in the state.
The existing mutual co-operation between the government and the private sector is presently yielding good dividend for the industrial development of the state in particular and the nation in generalâ€ he stated.