The Governor
of Delta State, Senator Dr. Ifeanyi Okowa has disclosed that the Delta State
Investment Development Agency would soon be established to harness investment
potentials in the State.
The Governor who stated this when he received on courtesy visit
the Swiss Consular General, His Excellency Yves Nicolet today [26-07-16] in
Asaba said that the state Investment Development Agency amendment Bill was
before the House Of Assembly and would be approved
in the next few weeks.
He explained that the
agency would liaise with the organised private sector, embassies and investors
the world over to utilise the investment opportunities and grow the state
economy.
“we
will soon establish the Delta state Investment Development Agency whose
Amendment Bill is before the House of Assembly and will be passed within the
next few weeks. The agency will liaise with the organised private sector,
embassies, investors from around the world to improve bi-lateral and investment
relationship in the State”, the governor said.
Governor
Okowa explained that given the recent financial challenges facing the country
due to dwindling oil price, the state has embarked on the diversification of
its economy through the agricultural sector using commercial farmers and other
farmers on the ground stressing that “in the next few years, they will act as a
pivot to aggregate our output, export our produce, improve our revenue and the
life of the peasant farmers”
Senator
Okowa commended the Consular-General on the visit and assured him of the state
readiness to partner with Swiss companies and investors to develop the state
economy describing the state as the Economic hub of the South- South region
with the best enabling investment environment.
Earlier,
His Excellency, Yves Nicolet told Governor Okowa that he was in the state to
explore its economic potentials stressing that the Swiss Government was
interested in improving the bi-lateral trade relationship with Nigeria and
diversify its investments to other states apart from Lagos.
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