My administration has made Rivers attractive to investors – Wike

Governor of Rivers State, Nyesom Wike has said that his administration has taken proactive measures to ensure that the state becomes a destination for investors.

Wike, who expressed delightment, said the measures were yielding results following the formal opening of the HyperCity Supermarket, located at the Eastern Bye-pass Junction, Ogbu-nu-abali community in Port Harcourt Local Government Area.

The governor while performing the commissioning on Wednesday, said the land on which the supermarket is sited used to be a mangrove forest harbouring criminals that terrorise the adjoining Ogbu-nu-abali community and motorists.

He said that the new establishment has shown the growth in the business stakes of the state.

According to him, his administration has high interests in projects that will attract investment and create jobs for Rivers people.

He said, “But government took it upon itself to make sure that criminals don’t continue to thrive here. We owe the economy of the State to grow. We owe to provide security for businessmen and women, and security of communities.

“You have seen how beautiful it looks, it cost us money to sand-filled this area. Just like people are approaching us now at the other site that they want to establish this and that. We feel happy and encouraged

“The duty of government is to provide enabling environment. I want investors to come to the State. When investors come to the state, our people will be employed. When our people are employed, government will collect taxes and use those taxes and do other things for the State.”

The governor commended the management of the newly commissioned supermarket for keeping to the agreed business timeline concerning the use of the land they secured from government.

The governor said since his administration was ending soon, any investors that has secured land for use for business must begin to actualise that purpose or lose the land.

“Just like we said that anybody that wants land from Rivers State government, you’ll tell us the duration.

“Because in previous administration, people come and tell government they want to do this, they want to do that. And then, government will give them the land, and then you’ll find out that in five or six years, nothing has happened.

“Before you know it, they take government land and sell and make more money or use the government land as collateral for loan.”

Wike recalled how the land on which Silverbird Cinema is located along the Abonnema Whaff Road was also secured by an investor from the State government but instead of concentrating on the business purposes, used it to borrow money.

“Today, you know where you have Silverbird Cinema, that is government landed property. You know that was where Obi Wali cultural centre used to be. But somebody came and told government they’re going to build something underground and this and that, and government gave the land.

“You know what the person did? He took our land and went and took loan from the bank without building what is supposed to be there. AMCON now came to seize the property that the person did not pay the loan. And today, we are struggling to take it back,” he added.

Governor Wike enjoined the new management to provide employment to members of the host community and Rivers youths while insisting that they are also offered requisite training that will enable them grow to become management staff of the company.

In his speech, managing director of HyperCity Supermarket, Mr. Sunny Chuwla said the new establishment is a modern retail store based on Hypermarket store format.

He stated that they offer unparallel choice of local and international products cutting across the entire spectrum of consumable needs of a family under one Roof.

“HyperCITY story started a year ago. When we were given the opportunity to invest here, it came with a condition that we need to open the store before Dec. 2022, or the land will be revoked without excuses

“Today, we are glad that we have opened the 1st Store much before the deadline. Our second store is also lined up for opening very soon.

“We all know that retail is one of the largest employment sectors in the world and as at today, HyperCity has generated over 200 direct and indirect jobs to the Rivers people in this single store,” Chuwla stated.