FG identifies cassava, oil palm commodities for non-oil export promotion in Bayelsa

THE federal government has listed cassava and oil palm as the commodities for export promotion in Bayelsa State under the ‘One-State-One-Product, OSOP project of the federal government through the Nigerian Export Promotion Council, NEPC.

The One-State-One-Product project which is an offshoot from the Zero Oil Plan Initiative is a Federal government driven economic arrangement enshrined within the Economic Recovery and Growth Plan (ERGP), to develop and promote 22 choice products where Nigeria has comparative and competitive advantage for export.

The South-South Regional Co-ordinator of Nigerian Export Promotion Council,NEPC, Mr. Joe Itah, who disclosed this in Yenagoa, Wednesday, at a one day Roundtable Stakeholders’ Forum on Cassava and Palm Producers in the Non-Oil Exports sub sector, said there are few other products of interest in the state that could do well in exports including seafoods and rice among others.

"This export promotion initiative is geared towards increased export to generate revenue in Nigeria , and the Bayelsa State Commodities and Export Development Agency generates IGR (Internally Generated Revenue) and is likely to generate more than 10% of total receipts from federal allocations"- Tombra Ziprebo