News

RIVERS STATE IS ATTRACTING MORE INVESTORS- Wike

Rivers State Governor Nyesom Ezenwo Wike says more companies are relocating to the state because of the attractive investment climate.

He told journalists after an inspection tour of on-going projects in the state that a deliberate implementation of strategic policies has brought the investments.

The governor stated that the improvement in the State’s security architecture with the help of security agencies and the provision of critical infrastructure are responsible for the turnaround.

He also reiterated the resolve of his administration to return Port Harcourt to its garden city status.

“I can tell you now that more companies are coming into the state. The security has also improved so much with the help of security agencies and people feel safer to invest in the state.

“I am also resolved to leave Port Harcourt far better than what I met on ground. Every body can see that it is not easy, considering the present economic situation in the country.

“To sustain the execution of infrastructural development projects and also fight COVID-19 when most of my colleagues are complaining of paucity of funds shows political will and strategic leadership.

“People are wondering how we are doing it. But we determined not to disappoint our people and they will be happy when I have served out my tenure that they had a governor that really came to serve,” he said.

The governor also announced that the contract for the expansion of Rumuola flyover project has been signed.

He said work would soon begin on that flyover and the dualisation of Ezimbu Link Road popularly called Mummy B Road and the Tombia Extension Road.

Governor Wike stated that the urban renewal programme of his administration is achieving its purpose particularly with the commitment shown by the contractors handling the three flyovers at Rebisi, Rumuogba and Okoro nu Odo.

” We are impressed at the pace of work the contractors have maintained. We are happy that we are fulfilling the promises made to the people. There are road projects in other areas like old GRA and new GRA and we cannot but say we are overwhelmed with the level of commitment they have shown.

“That is what we have promised that whether there is COVID-19 or not, we will continue to do the work they expect us to do. This is so, because at the end of the day the virus will go and the people will be here. It is necessary for infrastructure to be put in place.

“As long as we continue to fight and tackle the pandemic, we are also resolved not to abandon any project,” he added.

The projects inspected include, Olumeni Road in Old GRA, Rebisi flyover, Woji Road and Elelenwo Street both in the new GRA.

Paulinus Nsirim
Commissioner for Information and Communications

Leave a Comment

Your email address will not be published.

You may also like

Business Economy Investments Leisure

Canon Miraisha Programme Expands Collaboration With Kings & Queens Art Academy in Nigeria to Empower Youth in Bariga and Makoko

post-image

Canon Central and North Africa (www.Canon-CNA.com), the leading printing and imaging solutions provider, is pleased to announce the expansion of its inspiring collaboration with Kings and Queens Art Academy in Lagos, Nigeria, aimed at nurturing young talent. Building on the outstanding achievements of the previous year, in which 100 aspiring young students from Bariga in Lagos received training in photography and filmmaking, this year will see the initiative, under Canon’s Miraisha Programme, extend to Makoko community, one of the largest slum communities in Africa.

Embodying Canon’s corporate philosophy, “Kyosei”, which means living and working together for the common good, 120 young individuals from both communities will have the opportunity to receive photography and filmmaking training through a series of four comprehensive week-long workshops during March and April. This year’s increased participation rate, with an emphasis on gender balance, reflects Canon’s strong commitment to diversity and inclusive…

Read More
Business Culture Economy

7 Simple Ways to Get Paid on Time Without Chasing Customers

post-image

Running a business in Nigeria isn’t just about providing quality products or services; it’s also about making sure you get paid on time. Too often, business owners find themselves chasing payments, sending repeated reminders, and struggling with cash flow gaps. According to a PwC report, 48% of Nigerian SMEs experience delayed payments, which can disrupt operations, affect salaries, and slow down business growth.

But the real cost of these delays isn’t just the stress of waiting—it’s the uncertainty it creates. Businesses struggle to plan ahead, restock inventory, pay workers, or even keep the lights on. Without predictable payments, expansion is nearly impossible, and owners are left firefighting short-term financial struggles rather than focusing on growth.

If you’re tired of chasing customers for money, here are seven simple ways to ensure you get paid on time—without the stress. The seventh tip includes a newly unveiled tech tool.

1….

Read More
Business Economy Investments

Nigeria Hosts Landmark International Submarine Cable Resilience Summit in Abuja

post-image

In a historic move for the country’s digital and telecommunications landscape, Nigeria successfully hosted the inaugural International Submarine Cable Resilience Summit in Abuja last week. The summit, which focused on the protection and security of subsea cables, was organized by the Federal Ministry of Communications, Innovation, and Digital Economy in collaboration with the International Telecommunication Union (ITU) and the International Cable Protection Committee (ICPC). The event gathered key stakeholders from around the world to address the pressing issue of subsea cable security, a critical component of global internet infrastructure.

Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, expressed his deep pride and appreciation for the trust placed in Nigeria to host such a significant global event. Reflecting on the summit’s importance, Dr. Tijani emphasized, “The significance of the trust placed in us to host an event of this nature is not…

Read More
Business Economy Finance Fintech Security Society

CBN Joins Global Leaders in London to Celebrate Women in Central Banking

post-image

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to gender inclusion and women’s empowerment in the financial sector by participating in Citibank’s inaugural Women in Central Banking event. Held in London, United Kingdom, on March 10, 2025, the prestigious gathering brought together top female leaders from central banks, financial institutions, and policy-making bodies across the world in celebration of International Women’s Day.

The event provided a significant platform to recognize the increasing role of women in shaping economic policies, financial regulations, and monetary stability across different regions. It also highlighted the progress made in breaking barriers for women in financial governance while addressing the ongoing challenges of gender disparity in leadership roles within the global financial ecosystem.

Distinguished Female Leaders in Attendance

Among the prominent financial experts and policymakers present at the event were:

Read More
Announcements Business Economy Events Finance Fintech Society Trends

Payments Forum Nigeria (PAFON 2.0) Set to Address Customer Experience in AI-Driven Payment Ecosystem

post-image

The highly anticipated Payments Forum Nigeria (PAFON) 2.0 is set to convene industry leaders, policymakers, fintech innovators, and key stakeholders to discuss the evolving landscape of digital payments, with a special focus on cybersecurity, trust, and regulatory compliance in the AI era.

PAFON 2.0, scheduled to take place on April 10, 2025 at the Function Room 1, Oriental Hotel, Lagos, builds on the success of its inaugural edition, solidifying its position as Nigeria’s premier platform for thought leadership in payments innovation.

This year’s theme, “Bridging the Customer Experience Gap for Financial Inclusion Using AI”, underscores the urgent need to safeguard digital transactions against emerging threats while ensuring seamless financial inclusion and innovation.

EBEHIJIE J. MOMOH, Chief Executive Officer, AfriGOPay Financial Services Limited, has been scheduled to present the keynote.

Other Speakers | participants are drawn the Central Bank of Nigeria (CBN); e-Banking Heads;…

Read More
Business Culture Economy

FG Reinforces Commitment to Maritime Growth to Boost Coastal Trade, Job Creation

post-image

In a significant move to revitalize Nigeria’s maritime industry, the Federal Government has reaffirmed its commitment to unlocking the sector’s full potential.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, provided this assurance during a weekend meeting in Abuja with the Director-General and CEO of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola. The discussions centered on fast-tracking the deployment of the Cabotage Vessel Financing Fund (CVFF), a crucial initiative aimed at supporting the growth of indigenous shipping companies.

The meeting focused on unlocking financing for local shipowners, reinforcing the government’s commitment to expanding coastal trade, creating jobs, and strengthening Nigeria’s position in the global shipping industry. Key stakeholders emphasized the need for efficient utilization of the funds to ensure the CVFF delivers maximum impact and positions Nigeria’s maritime industry for long-term growth.

The renewed commitment to maritime sector development…

Read More
Business Culture

NDPC Strengthens Judicial Sector with Data Protection Workshop

post-image

In a significant step towards bolstering data protection awareness in Nigeria’s judicial sector, the Nigeria Data Protection Commission (NDPC) has conducted a capacity-building workshop for Fellows and ICT staff of the National Judicial Institute (NJI). The workshop follows a recent high-level visit by NDPC officials to the NJI, reinforcing the commitment to enhancing data privacy and security within the judiciary.

Speaking at the opening session, the National Commissioner and CEO of the NDPC, Dr. Vincent Olatunji, expressed satisfaction with the swift implementation of this collaborative initiative. He underscored the crucial role of data protection and privacy for judicial officers and ICT professionals, emphasizing that safeguarding data is key to upholding the rights of Nigerian citizens.May be an image of 3 people and dais

Dr. Olatunji highlighted the workshop as a testament to Honourable Justice Salisu Garba…

Read More
Business Fintech Gadgets News Security Software Technology Technology Trends

ThinkCyber Introduces Specto+ to Strengthen Cybersecurity in Nigeria

post-image

By Anthony Emeka Nwosu

As cyber threats become more sophisticated, organizations in Nigeria are facing an urgent need to strengthen their defenses. Recognizing this challenge, ThinkCyber, a leading IT capacity-building firm specializing in cybersecurity, has introduced Specto, a powerful new security solution designed to help businesses protect their networks and stay ahead of cybercriminals.

Speaking about the new product, Mr. Uche, Country Manager of ThinkCyber, explained that Specto is not just another cybersecurity tool—it’s a game-changer for organizations looking to build stronger, smarter defenses against digital threats.

“Specto is a physical security appliance that blends seamlessly into an organization’s existing infrastructure. It’s designed to provide advanced network protection, helping IT teams detect and respond to cyber threats faster and more effectively,” Uche said.

One of the biggest challenges security teams face today is staying prepared for real-world cyberattacks. That’s why Specto includes powerful simulation capabilities, allowing organizations to test how well they can…

Read More