Rivers State Governor,  Nyesom Ezenwo Wike presiding over the State Executive Council meeting on Sunday Evening in Port Harcourt

Rivers State Executive Council on Sunday Evening approved the public sale of the abandoned 17- storey Stock Exchange Building near Federal Road Safety Corps office on Aba Road,  Port Harcourt.

The State Executive Council meeting presided over by Rivers State Governor,  Nyesom Wike reached the decision following reports that criminal elements have taken over the facility acquired by the Rivers State Government.

The abandoned stock exchange building

Addressing journalists on Sunday,  Rivers State Information and Communication Commissioner,  Paulinus Nsirim  said the Rivers State Government decided to acquire the building because construction work on it stopped in 2012 due to lack of fund.

He said the structure  has become a hideout for criminals in that part of the state capital.

Nsirim said the Rivers State Executive Council approved that the 17- storey building which has provision for four lifts be placed on public sale.

He  informed that council also approved that advertisements  be placed in the media to invite buyers.