By Samuel Oyadongha
YENAGOA — Bayelsa State economy which had been in the doldrums of late is expected to go full throttle and expand geometrically in the next few years if feelers from the Ministry of Petroleum Resources are anything to go by.

Bayelsa is basically a civil servant state with every business revolving around the state government, while the oil and gas companies though with vast interests in the state do not have their corporate offices on ground.

Indications to the expected change emerged barely three months after the ministry announced the oil and gas rich state as host to the headquarters of the Nigeria Content Development Agency. The Federal Government followed suit with the approval of a Green Field Refinery to be built in the state.

The Green Field Refinery would also be established in Kogi and Lagos States as part of the renewed efforts by the Federal Government to expand the nation’s oil and gas industry.

Already, the state government had given out a section of its Revenue House building as the secretariat of the Nigeria Content Development Agency in Yenagoa, as its Acting Executive Secretary, Engr. Ernest Nwapa, prepares to assume office in the next couple of days.

The enlightenment campaign of the Ministry to get Nigerians, especially the people of the Niger Delta, to know how they could benefit from the content development act had added impetus to the philosophy behind the establishment of the agency.

A source in the Ministry told Vanguard yesterday that the Minister of Petroleum Resources, Mrs. Diezani Alison_Madueke, was desirous of leaving foot prints on the sands of time.

Alison_Madueke, according to the source, had also re_organised the organogram of the petroleum industry which was hitherto un-equitable and non-representative of the Niger Delta region.

“As you know, implementation of the local content law is key and all is being done to ensure those whom the law is meant to benefit are carried along,” Alison-Madueke was quoted to have told the Ijaw National Congress leadership which paid her a courtesy visit in Abuja.

Also speaking, the state Commissioner for Energy, Maxwell Oko, described the siting of the two federal government agencies in the state as a welcome development saying it would go a long way in boosting the economy of the state.

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