FG Grants Bayelsa Concession to Import Cement

The federal government may have given a boost to the process that will boost the socio-economic development of Bayelsa state and make it an investors’ haven. Governor Timipre Sylva has disclosed that the concession granted the state government to import bulk cement into the country will lead to the opening of a cement bagging factory in Yenagoa, the state capital. Preparation to kick-starting the importation process has already commenced with the government’s move to provide warehousing facilities for the storage of the cement. The governor said this will led to an accelerated development of the state as the price of cement has gone beyond the reach of the average Bayelsan. Sylva explained that before now, Bayelsans were buying cement from neighbouring states at exorbitant prices. He pointed out that, with the importation grant from the federal government, Bayelsans will have access to the commodity at an affordable price, and as well attract patronage from other states. He expressed gratitude to the magnanimity of the federal government , noting that this will not only lead to a drop in the price of cement within the state, but will also help the on-going rapid construction works going on in the state.Sylva expressed the hope that the trend will bring about employment opportunities for the youths in the State, stating that the construction of a factory for the bagging and distribution of the cement will be embarked upon by his administration immediately. The Governor also pledged government’s commitment to the construction of an industrial estate and ten thousand units of residential houses for which, according to him, a memorandum of understanding (MoU) has been signed.He solicited the co-operation of Bayelsans for a peaceful environment for development to thrive.