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The President of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) Eze, Sir Mike Elechi, JP has advocated for the urgent need on the diversification from the total dependent on crude oil to the practice of non oil economy for the survival of the country.

He made the statement while addressing the monthly members general meeting of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) at it's state Secretariat in Port Harcourt on Wednesday 27th April, saying that over dependents on oil has caused a lot of damages to the Nigerian economy and has impoverished it's citizenry.
 The PHCCIMA President who is a recipient of National Productivity Order  of Merit award noted that Agriculture was the corner stone of Nigerian economy before the discovery of oil crude oil in commercial quantity, positing that a seed of palm kernel exported from Rivers State, Nigeria to Malaysia turned around the fortunes of the country and yet the drivers of Nigerian economy are yet to wake up from their slumbers, positing that the Agriculture and the growth of SMEs are the best way to having a viable economy for the survival of the country.
 Eze Elechi while encouraging new members during the forum explained that " one of the three broad objectives of his Administration is to grow and expand the membership strength of the Chamber, therefore the gathering of many reputable members, guests and federal & state government agencies in this month's forum is a testimony that PHCCIMA is growing and expanding progressively as his administration is already achieving its objectives, he said "we are welcoming and inducting these quality persons representing various companies of repute from different sectors across the state into our premier and prestigious Chamber as PHCCIMA, since it's establishment about 63 years ago has being meeting her objectives and is completely committed to meeting the interest of members by helping them grow and diversify their businesses". He also stated that "PHCCIMA as the umbrella body of the business community in Rivers State is ensuring implementation of good policies by Rivers State government which are geared towards ease of doing business in the state thereby promoting Public and private sectors partnership to improve the socio-economic well-being of the people of the state." The Entrepreneur further hinted that PHCCIMA is dedicated to uphold the laws of the federal republic of Nigeria, Rivers State government as well as the Constitution of PHCCIMA and charged the new members to uphold the Chamber code of ethics, operate within ambits of the laws and respect the Constitutions.

In their separate presentations, the representatives of Wema Bank Plc, First Bank Plc and Nigerian Export Promotion Council called for partnership with PHCCIMA members in order to promote their individual businesses.

They urged the business community to diversify into non oil economy and laid more emphasis on driving export growth, Export analysis, Business advisory non-financial services, strategic partnership, financial products, given out loans devoid of administrative bottle neck among other things.

High points of the monthly general forum were the presentation of souvenirs to the presenters and membership certificates to the Chamber new members by the Chamber past Presidents, Dr. Elder Hyke Ochia, Dr. Prince Sotubo Billy Gills-Harry and Dr. Emeka Unachukwu who are all Honorary Life Vice Presidents of PHCCIMA.

In attendance also includes the Chamber President, Eze, Sir Mike Elechi, JP, 1st Deputy President Dr. Chinyere Nwoga, 2nd Deputy President Hon. Prince Charles Beke,  Treasurer Surveyor Emmanuel Ogbonda, Publicity Secretary Pastor Uche Onochie, Elected Council members Mr. Okey Odu, Chief Emeka Ezekwe and Mrs. Florence Nwosibe, Dr. Mechi Brown Director  of Industry and representative  of the Hon. Commissioner for Commerce and Industry, Mrs. Kobo Evelyn Representative of the Regional Coordinator South South Regional office in Port Harcourt,  Mrs. Oby Agbaim State Coordinator Raw Materials Research and Development Council, Mrs. Emi Jameson Director  of Administration Rivers State Newspaper Corporation the representative of the General  Manager, Rivers State Manager Technology Incubation Centre, Chairmen of various Chamber Trade Groups, distinguished members and Mr. Erasmus Chukunda the Director General, the Keynote presenters are Wema  Bank Plc Head of SMEs Banking Mr. Arthur Nkemeh and the First Bank Plc Head of Export Desk Mrs. Efua Gbadamosi.

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