The Bayelsa State Government has denied claims that the state is a mono-product economy.
According to the government, Bayelsa is richly endowed with numerous natural resources, including fish and arable land capable of producing rice, palm oil, plantain, and several other crops in commercial quantities.
The Deputy Governor of the state, Sen. Lawrence Ewhrudjakpo, stated this during a courtesy visit by a delegation from NEXIM Bank, led by its South-South Regional Head, Soni Oseghale, at Government House, Yenagoa, on Thursday.
Ewhrudjakpo expressed the government’s readiness to partner with the Nigerian Export-Import Bank to harness the state’s non-oil and gas resources for export.
He said the bank’s objective aligns with the Assured Prosperity Agenda of Governor Douye Diri’s administration.
The Deputy Governor maintained that the state has a comparative advantage in aquaculture and fisheries, calling on NEXIM Bank to leverage its wealth of experience and expertise to help Bayelsa maximize its natural resources for export.
Earlier in his remarks, Oseghale said the team was in Bayelsa to collaborate with the state government in identifying non-oil resources available in commercial quantities that could be exploited and harnessed for export.
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