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Bayelsa seeks new economic blueprint

28 April 2013, 13:22

Yenagoa - The Governor of Bayelsa, Seriake Dickson, has urged the Bayelsa State Development and Investment Corporation, to formulate an economic blueprint for the development of the state.

A statement issued by the Bayelsa Government on Sunday said that the governor gave the directive at a meeting with the corporation in Yenagoa.

Dickson, who also announced a take-off grant of N10 billion for the corporation, said that the aim was to diversify the state’s economy.

"The new Bayelsa State that we all crave for can only be founded on prosperity and security.

"Government is building roads and bridges, schools and so on, but in vain do we do all of these, if these activities do not translate to economic prosperity and opportunities for our people.

"Our government is a believer of free enterprise. It believes that the private sector is best suited to promote enterprise, create wealth and sustain development.

"Government should, therefore, have very little business in running businesses," the statement quoted Dickson as saying.

He told the corporation to attract local and foreign investors to the state and not to usurp the functions of the ministries, departments and agencies.



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