Business

Bayelsa To Expand Markets

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Bayelsa State Government is to create and expand existing market sites as to accommodate the influx of traders coming to do business in the state.

The Commissioner for Trade, Industry and Investment, Mr Ayakeme Massa, who disclosed this while speaking to journalists in his office, said that because of the volume of trade at the Swhali market it became exigent for the markets to be expanded.

To this end he said, the Opolo, Akenfa, Okaka, Agudama- Epie , Zarama and the plantain and banana market at Igbogene would be developed and expanded to accommodate more traders.

He said arrangement has been conclude to disburse two billion naira loan to co-operative societies in the state, stressing that while the state government is to provide one billion, its partners, the Nigerian Agriculture and Co-operative Bank will provide the other one billion naira.

According to him, the loan is not going to be a dash, but soft and repayable. so that it could go round to all interested farmers in the state.

Mass said the gesture is a way of creating wealth, generate employment and self reliance without much financial difficulties among the unemployed youths and also to encourage  increased agricultural activities.

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