Fubara Presents Scorecard, Claims ₦225bn Inherited Projects

Rivers State Governor, Sir Siminalayi Fubara, has disclosed that his administration inherited 34 uncompleted projects valued at over ₦225.279 billion across 13 local government areas.

He also revealed that nine new road projects worth ₦534.332 billion have been awarded under his watch.

Speaking at the Dr Obi Wali International Conference Centre in Port Harcourt on Friday, Fubara described the political crisis that erupted barely three months into his tenure as “a vicious existential crisis.”

“But thank goodness, the worst is over. We have successfully defended our rights and opportunity to govern our State and advance its progress in freedom, and we will continue to prevail,” he said.

Defending Rivers in the Face of Political Turmoil

The Governor reflected on the turbulence that followed his inauguration on May 29, 2023, but insisted his administration had emerged stronger.

“We started this journey with a bang. We were focused. We were determined to make the change we promised with a sense of urgency,” he said.

He added: “Any government worth its name must be accountable, responsive, and responsible for the security and well-being of the people.”

Fubara explained that his three-year stewardship was anchored on economic growth, infrastructure, healthcare, education, and agriculture.

He maintained that despite challenges, his administration had delivered visible achievements.

Economic Growth And New Investments

The Governor revealed that Rivers’ economy was on a declining trajectory when he assumed office. To reverse this, he established an Internally Generated Revenue (IGR)/Investment Advisory Committee, which he chairs.

“We needed to attract investments into the State and increase our internally generated revenue base as too much reliance on federal allocations was a challenge,” Fubara said.

He emphasised that liberalised, business-friendly policies were boosting investor confidence. “Our programmes are attracting local and international investments, judging by the expression of interest offers we receive every month,” he added.

Rivers State has recently seen increased inflows of private capital, particularly in infrastructure and energy projects, which may imply renewed investor confidence.

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