The Minister of the Federal Capital Territory (FCT) in Nigeria, Mr. Nyesom Wike, alongside the Governors of Rivers State, Simi Fubara, and Oyo State, Seyi Makinde, passionately urged foreign investors to seriously consider their states as prime locations for establishing their enterprises in Nigeria.
Addressing the audience in Port Harcourt, the capital of Rivers State, during the inauguration of Hypercity 3, a retail chain in Nigeria, the officials underscored the crucial role of the private sector in tackling the unemployment challenges faced by the country’s young population.
Expressing his commitment to providing the necessary land and conducive environment for investors to thrive in the capital city, Minister Wike emphasized the government’s dedication to fostering an environment where investors can contribute to the city’s progress.
In his words, “As a government, our duty is to provide the conducive environment. You promised to build four. Within one year, you’ve built three. You’ve provided employment for our people. It is not only government that can bring development. Let it not be only that it is only in Rivers State. Come to Abuja and build some there. We’ll provide lands.”
Meanwhile, Governor Fubara highlighted the significance of Hypercity 3’s commissioning in uplifting the state’s development and economic growth. He reassured the organization of the government’s commitment to providing the necessary security and support, affirming the importance of collaboration between the private sector and the government for overall state development. He further encouraged the organization to consider expanding its operations to the FCT and other areas.
Similarly, Governor Makinde of Oyo State extended a warm invitation to the Managing Director of Hypercity, offering land and tax incentives as well as a guarantee of security. Stressing Oyo State’s pivotal position as the gateway to the southwestern part of Nigeria, he emphasized the potential of this collaboration in boosting the state’s economy.
The collective appeal of the FCT Minister and the state governors not only seeks to attract foreign investors to their respective locations but also signifies a broader commitment to fostering a business-friendly environment and driving economic growth across Nigeria.
