Category: Agriculture

Envoy Assures On Korean Investments In Bayelsa

South Korea Ambassador to Nigeria, Mr. Kim Young-Chae, has said that Korean companies would invest in the agricultural sector of Bayelsa State and other areas of interest to boost the state’s economy.
The envoy stated this at an exhibition tagged: “Made in Bayelsa Agricultural Products: A Pre-Bayelsa Agric Summit 2021” held at the DSP Alamieyeseigha Memorial Banquet Hall in Yenagoa.

A statement on Friday by the governor’s Chief Press Secretary, Mr. Daniel Alabrah, quoted Mr. Young-Chae as  assuring Governor Douye Diri of support to enable him realise his vision and economic blueprint for the state.
The ambassador said he was impressed with Governor Diri’s passion to engender economic prosperity through agricultural and infrastructure development of the state.

He urged the Bayelsa government to study the Korean and other East Asian markets with a view to producing crops such as cassava, rice and seedlings for export.

His words: “I will do my best to bring Korean companies to invest not only in the agriculture sector but also in ship building and manufacturing. It is a promise that we will work with Governor Diri to help transform the economy of the state.

“During my meetings with Governor Diri, I felt his energy, love and drive to bring about economic development for the state. So I thought we can help him to realise his dream for Bayelsa.
“One way you can achieve this is by carefully studying the Korean and other East Asian markets in Japan, Phillipines, Indonesia and China to know the kind of rice, cassava and seedlings like Sesame seeds  that you can process for export and make huge profits.”

According to Young-Chae, “it is dangerous for Nigeria to continue to rely on imported food. Nigeria can be self-sufficient and it can feed the whole of the African continent because it has the potential and it is possible.”
While declaring the exhibition open, Governor Diri expressed the state’s readiness to create partnerships in order to attract foreign direct investments into the state.

He assured the Korean Ambassador that his visit to the state would further strengthen the relationship between Bayelsa and Korea.

He said the visit had also given him the opportunity of having first hand information and knowledge about the peaceful and hospitable nature of the people of the state.

The governor said his administration cherishes the ambassador’s passion for development of the state and expressed the optimism that all the promises he made would come to fruition.
“Bayelsa is ripe and ready to attract foreign direct investments. This collaboration would bring forth fruits for Bayelsa and South Korea.

“You are here to have first hand information and knowledge of what Bayelsa is like away from the stereotypes and issues of militancy and crime. Of course, there is no state and country that is one hundred per cent secure. Nigeria being at the centre of the Gulf of Guinea, we will work with you to tackle the security challenges.”
In his welcome address, the Commissioner for Agriculture and Natural Resources, Chief David Alagoa, noted that the Senator Diri-led administration had prioritised agriculture as one of the critical sectors to revamp the state’s economy. 

Chief Alagoa, who urged Korea to be part of the state’s agricultural revolution, said a couple of activities had been planned ahead of the state’s agricultural summit in October with a view to developing an agricultural policy for the state.

In her presentation, Permanent Secretary, Ministry of Trade and Investment, Patience Ranami Abah, highlighted various investment opportunities that abound in the state.

Ms Abah, who said the state was peaceful, urged Korea to invest in the Agge deep seaport project in the area of ship building, product assembly and fabrication as well as the eco-industrial park, which serves as a one-stop investment location.

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Bayelsa Has Potential For Greatness Like South Korea, Says Envoy

South Korean Ambassador to Nigeria, Mr. Kim Young-Chae, on Thursday, said Bayelsa State had the potential to be as developed as his country of origin. 

Speaking in Government House, Yenagoa, as guest of the  state government, Ambassador Young-Chae said his visit was a follow-up to his recent meeting with Governor Douye Diri in Abuja to further explore areas of partnership between the state and the Republic of Korea.

He noted that Bayelsa and South Korea shared a lot of similarities, which he said would make economic co-operation between both parties beneficial. 
The envoy, who is on a two-day visit to the state, identified agriculture, construction and manufacturing as some of the areas of co-operation, expressing the readiness of his country to make the partnership a reality. 

He commended the progress being made by the Diri administration, saying with the enthusiasm of the governor, Bayelsa can grow like South Korea, which, according to him, was a poor country until it explored and exploited  its potential. 

Responding, Governor Douye Diri expressed the willingness of the state to forge economic relationship with South Korea as a way of harnessing its potential. 
The governor stressed that Bayelsa was peaceful and open for business even as he expressed the optimism that by partnering with one of Asia’s economic giants, Bayelsa can move from poverty to riches. 
Describing Bayelsa as an agrarian state, he said the state was interested in partnering with South Korea in agriculture and other areas of economic development. 

His words: “Bayelsa is peaceful, safe and open for business. Having listened to you, we are sure that we are on the right track. By partnering with you, Bayelsa can go far. We can move away from poverty to riches like South Korea with this partnership. You have mentioned areas of partnership, especially in agriculture, and we are very ready. 
“We also have the Agge deep seaport project. That is one area we like to partner with you. We believe that working with South Korea, we would make progress and deepen our friendship.”

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Former US Congressman Proposes Rural Development Model For Bayelsa

A former lawmaker representing the State of New Hampshire in the United States Congress, Ambasdor Richard  Swett, has proposed a rural development  model for Bayelsa State. 

Speaking in Government House, Yenagoa, during a courtesy visit, Ambassador Swett said the development model would create jobs, housing, electricity and food among other necessary requirements for people of the state.  
A press release issued by the governor’s Chief Press Secretary, Mr. Daniel Alabrah, quoted Ambassador Swett, who is the Chief Executive Officer of Climate Prosperity Enterprises Solutions, as saying that the model was hinged on what he refered to as Total Environment Controlled Agriculture Plant (TECAP)

He said the facility is five-storey tall built on a hectare of land with agricultural activities inside and capable of producing 400 times what could be grown in a regular farming season on same size of land. 
He also explained that the TECAP facility, which would be a zero-carbon emission community, would have different businesses that inhabitants would benefit from and sustain the facility.

Swett further stated that each community would have a minimum of 3,000 persons that would have shares in the businesses that operate there.

The former congressman said funds for the project would be sourced from development agencies and other partners to make it a reality. 

He noted that his state of New Hampshire shared a lot of similarities with Bayelsa and other places where similar projects had worked, expressing optimism that it would work in the state with commitment from the government. 
Responding, Governor Douye Diri expressed appreciation to the former lawmaker for his choice of Bayelsa for the project, assuring that the government would do its part to make it work. 

He stated that the presentation was in line with his administration’s prosperity agenda, which is keen on attracting foreign direct investment.
Diri said he was excited about the model which, according to him, would attract private funds to the state.  
The governor set up a committee to be chaired by the Attorney-General and Commissioner for Justice, Biriyai Dambo (SAN), to interface with the former lawmaker and his team. 

Other members of the committee are the Commissioners for Agriculture, Health, Power and Finance as well as the Technical Adviser on Public Private Partnership, Managing Director,  Bayelsa State Electricity Company and the the Principal Secretary, Government House, Mr. Irorodamie Komonibo.

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