In a recent meeting with the committee responsible for the privatization and commercialization of public companies, Governor Fubara of Rivers State emphasized the necessity of prioritizing the interests of Rivers State. He underscored that the state’s involvement in owning stakes in such companies would ensure their protection, supervision, and viability.
According to The Nation, Governor Fubara stated, “I will also appeal to you that in this process of privatization, anything that has to do with our own State here that needs to be privatized, the Rivers State Government will be interested. Because you can’t come here and own our property when we have the resources to have shares or to acquire some portion of it.”
He further urged the committee to support Rivers State in acquiring these assets. “So, as a committee, if there is anywhere you can support us; if there is anyone that is still available, let us know, and let us get the details so that we can own it. It is only when we own it that those assets can be protected. It is only when we own it, that is when those assets become viable to the State, and also become viable to the Federal Republic of Nigeria,” he added.
Governor Fubara’s call for active involvement of Rivers State in the privatization process highlights the state’s commitment to leveraging its resources for economic growth and ensuring that local assets benefit the community and the nation at large.