BAYELSA, PAKISTAN TO COLLABORATE FOR MUTUALLY BENEFICIAL TRADE, BUSINESS RELATIONSHIP

4 Sep

03/09/2013
The Bayelsa State Government has expressed its preparedness to collaborate with the Government and the private sector in Pakistan for a more mutually beneficial trade and business relationship.

Receiving a Pakistani trade delegation in Government House, Yenagoa, Governor Henry Seriake Dickson stated that, Government will also partner Pakistani industrialists to explore areas of collaboration in the development of industrial estates, agriculture and sports accessories among others.

Governor Seriake Dickson, who was represented by the Deputy Governor, Retired Rear Admiral Gboribiogha John Jonah, noted that, Nigeria has a lot to learn from Pakistan in view of the progress it has made in the manufacturing of industrial goods and reduction in unemployment.

He reaffirmed government’s commitment to the provision of adequate security and create an enabling environment for potential investors, adding that investments can only thrive in an atmosphere of peace and tranquility.

In his words: Comparatively, Pakistan and Nigeria have the same range of population; 180 million and 160 million people respectively. The Gross Domestic Product is about the same and even the per capita is not too different which means Nigeria must have something to learn from Pakistan because of the progress in manufacturing and the reduction in unemployment to the level of 5.6 per cent. That means almost every person has something to do and that is what we want replicated here.

“But I must also add that Nigeria has been described in 2011 by the World Bank as ‘a mixed economy emerging market’. And according to CitiGroup, Nigeria is projected to have a growth rate (GDP) that will be among the best between 2010 and 2050. And already our GDP rate is quite high and that shows that a lot of investments are coming in.”

In his remarks, the Nigeria High Commissioner to Pakistan and Non-Resident Ambassador to Afghanistan and the Republic of Maldives, Ambassador Dauda Danladi stressed the need to tap into the comparative advantages of Pakistan for the development the country’s economy.

He noted that the Pakistani trade delegation is made up industrialists from various areas of specialization such as rice production, textile and manufacturing of hospital equipment among others.

Speaking on behalf of his colleagues, Mr. Ikram-Ul-Haq explained that they were in the state to explore investment opportunities in the country, especially Bayelsa.

Describing Pakistan as rich in agriculture particularly in the production of rice, wheat, fruits, and vegetables for export and expressed the desire to collaborate with Nigeria to open up its markets for businesses to flourish.

Daniel Iworiso-Markson
Chief Press Secretary to the Governor of Bayelsa State

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