Availability of abundant
Bayelsa has enormous resources, most of which are yet to be fully exploited. Competitive advantage exists for the production of food and cash crops including: cassava, plantain, sugarcane, coconut, oil palm, raffia palm, Africa mango, rubber and seasonal food crops such as maize and fruits, as well as timber. Bayelsa also has the largest Gas reserve in Nigeria exceeding 18 trillion cubic feet and we have the finest fine grains for glass production among many others.
The Government has created a favourable climate for business and industrial ventures.
Administrative and bureaucratic procedures have been greatly streamlined. The Government has put in place policies
and programmes that guarantee a free market economy.
Generation of a
Robust Private Sector
The State has commenced the process for a dynamic private sector, which has assured greater responsibilities under the new economic environment.
A comprehensive package of incentives has been put in place to attract investment.
There is a developing banking and financial sector and joint venture arrangements in place. As a result, the investor has easy access to working capital and other credit facilities.
There is an abundance of skilled Labour at an economic cost, resulting in production costs, which are among the lowest in Nigeria.
Bayelsa State has the longest coastlines in Nigeria and one of the deepest natural berths located in Agge Town. The Bayelsa State Government has initiated plans to establish and build a Deep Sea Port at Agge that will act as a transshipment port servicing the entire Gulf of Guinea and the hinterland of Nigeria.