Gov Faults Critics On Bayelsa Dev Firm

The Bayelsa State Governor, Hon. Seriake Dickson, has faulted the position of critics on the inauguration of the Bayelsa Development and Investment Corporation, arguing that it is aimed at attracting investments to the state and make it the delight of local and foreign investors.

A statement made available to our correspondent said the BDIC, contrary to the submission of critics was aimed at charting a more diversified economic base from the current dependency on the oil and gas sector of the economy.

Warning the people against playing politics with the economic development of the state, the governor noted with dismay the position of some politicians on his administration’s economic policies, which gave birth to the establishment of the BDIC and other agencies of the government.

In order to boost its economic profile, the state, according to the governor, is beaming its searchlight on sectors such as tourism, agriculture, oil and gas, and infrastructure.

On the choice of South Africa as the corporate office of the BDIC, the governor said, “The BDIC is looking to attract investment from all major markets and economies, with South Africa being one of such country. The Johannesburg office represents their second international presence after the recently opened London, UK office.

“It is hoped that through its presence, the BDIC will attract partnerships with Southern African investors on a public private partnership into the identified economic sectors of Bayelsa State.”