The Rivers Executive Council has approved the concessioning of eight state-owned Catering Rest Houses.
The Commissioner for Commerce, Mrs. Ifeyinwa Nwankpa, made this known on Thursday at a briefing with journalists at the end of the State Executive Council Meeting.
The meeting was presided over by Gov. Nyesom Wike at Government House, Port Harcourt.
The Catering Rest Houses are located at Ahoada, Elele, Okehi, Degema, Omoku, Isiokpo, Bori and Eleme Local Government Areas of Rivers.
Nwankpa stated that government took the decision because the facilities which lacked proper management were also getting moribund.
She said the Rest Houses expected to generate revenue for the State had become drain pipes.
The Commissioner expressed optimism that the concessioning would provide employment opportunities for Rivers indigenes and also boost the revenue base of the State.
She assured that due process would be followed to advertise the bid for the catering rest houses in selected National and Local Newspapers for potential investors to apply.
Also speaking, the State Commissioner for Information and Communications, Paulinus Nsirim, stated that Rivers government desired to re-engineer the state’s economy and ensure that government’s assets yielded revenue and generated employment.
According to him, as a people-oriented government, all the policies and programmes of government are to ensure that the economy of the state is put on a sound footing.
He called on interested investors to see the concession as an opportunity to tap into the fertile business environment created by Gov. Wike’s administration.
Nsirim described Rivers as the investors’ Haven of the country with the right infrastructure and security architecture for growth of businesses.
He added that all those who would invest in the State were assured of a thriving economy.