Governor Emmanuel Uduaghan of Delta State has said that his administration, as part of measures under the Delta beyond oil initiative has set aside $1billion (about N158 billion) market intervention fund for the growth of the agricultural sector and Small and Medium Enterprises development in the state.
The Governor who was represented by his Deputy, Prof. Amos Utuama at Delta State Trade Fair 2013, in Osubi, near Warri made this disclosure, while explaining that advanced countries of the world grew by developing their SMEs and agricultural sector which served as a springboard for industrialisation and called for concerted efforts towards the growth of the agricultural sector and SMEs development in the state.
He said that efforts should be geared towards Nigeria harnessing and channelling production in industrial sector towards non-oil products backed by local materials and stressed that trade fairs provide the needed platform to expose locally-made goods and afford local entrepreneurs the opportunity to interface with their counterparts from other parts of the world.
NaijaAgroNet gathered from the governor that the theme of the fair, ‘Trade Beyond Oil,’ was apt as it is set out to address the economic revival both of the state and the country as a whole as the consciousness is beginning to dawn on all Nigerians that sole dependence on oil has been counter-productive.
He asserted that state government policy of ‘Delta Beyond Oil’ is being pursued vigorously with all machinery been put in place to ensure that the state became an industrial and commercial haven through various investment friendly policies, programmes and windows of opportunities designed by the private sector operators to grow businesses.
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Pix: Governor Emmanuel Uduaghan of Delta State