Rivers Govt Proposes Four Executive Bills To Stimulate Development
... To Promote Urban Development, Power Sector Liberalisation, Entrepreneurial Growth
The Rivers State Executive Council has proposed four executive bills for presentation before the Rivers State House of Assembly for passage into law.
This was disclosed by the State Attorney General and Commissioner for Justice, Prof. Zacheous Adangor, and the Commissioner for Power, Prof. Henry Ogiri, during a press briefing at the Government House Executive Council Chamber in Port Harcourt shortly after the 4th State Executive Council meeting presided over by the Governor of Rivers State, Sir Siminalayi Fubara, on Friday.
Addressing newsmen, the Attorney General and Commissioner for Justice, Prof. Adangor, said the State Executive Council has approved three draft bills, namely, the “New Town Development Authority Bill 2023” to decongest the single city status of Rivers State and promote the development of new towns in the state; the “Rivers State Youth Entrepreneurship Development Trust Fund Bill, 2023” to promote entrepreneurial growth and tackle the challenges of job creation and employment generation in the state; and the “Rivers State Investment Promotion Agency Bill 2023″ to establish an agency to promote investment drive in the state.”
Read Also: Senate Investigates Implementation of PIA, Proposed ExxonMobil Exit
On his part, the Hon. Commissioner for Power, Prof. Henry Ogiri, disclosed plans by the Rivers State Government to key into the Federal Government’s policy on power sector deregulation by establishing the “Power Sector Regulatory Commission” in the state.
The Commissioner, who described power as critical to infrastructure and development, pointed out that the Power Sector Regulatory Commission Bill, when passed into law by the Rivers State House of Assembly, will liberalise the power sector and boost economic development in Rivers State.
The newly sworn-in Commissioner for Information and Communication, Senibo Joe Johnson, introduced the briefings on the outcome of the EXCO meeting.
Read Also: Rivers State Govt. Woos Investors To Grow Agricultural Potentials