By Samuel Oyadongha
Yenagoa – Governor Seriake Dickson Bayelsa of State, yesterday, said government had no business in importing refined petroleum products and expressed the readiness of his administration to partner with the organized private sector to build of a refinery in the state.
Dickson, in a statement in Yenagoa, noted with dismay, the importation of refined products, in spite of the magnitude of the barrels of crude oil produced daily in the country.
The government’s planned partnership with the organized private sector in the building of a refinery in the state, he said, would open a vista of opportunities for investors in the oil and gas sector of the economy.
He said aside the discovery of crude oil in commercial quantities in the ancient community of Oloibiri in 1956, the state was the second leading oil producing state in the country and called on investors to avail themselves of the opportunities.
He said: “This development is an opportunity for investors with foresight to take advantage of the situation and move in and work with us. We are ready to look at how we can build a refinery that will not be subjected to any bureaucracy; a refinery that will be private sector owned and driven.
”All these opportunities are there; opportunities in petro-chemicals. That is what the story of Bayelsa is all about. There is no restriction for genuine investors; our economy in Nigeria is very free. There is almost nothing a foreigner cannot do.”