The Bayelsa State Investment Promotion Agency (BIPA) has reiterated its commitment to re-position Bayelsa State as the preferred investment destination in Nigeria.

The Director General of the Agency, Ms. Freda Murray-Bruce stated this while addressing newsmen in her office in Yenagoa shortly after the first anniversary thanksgiving service of BIPA held at the Gloryland Chapel, Government House, Yenagoa recently.

Ms Murray-Bruce, who used the opportunity to enumerate some of the achievements of BIPA, said her Agency also plans to make the state the foremost private sector-led multi-sectoral global business hub in Africa.

Noting that on assumption of office on August 6, 2012, she met a comatose Agency with no office accommodation or staff, Murray-Bruce expressed gratitude to God that within one year in the office, a lot has been achieved in the present administration’s drive to make Bayelsa State the preferred investment destination.

According to her, the first thing she did was to assemble a crop of well-motivated staff and ensured adequate training at the Nigeria Investment Promotion Commission (NIPC), Abuja on investment facilitation as well as an in-house ICT training in Yenagoa.

BIPA, the DG added, has also developed and launched its website: to create a platform for interaction with the international business community.

She listed other achievements to include the provision of internet connectivity and the purchase of laptops and phone lines to staffers to ensure maximum productivity at the Agency.

The BIPA boss added that the Agency has equally created various interactive social accounts on the social media to globalise the activities of the Agency and also produced the Bayelsa State Investment Promotion Agency leaflet named ‘BIPA AT A GLANCE’ as well as the Bayelsa State investment opportunity booklets on eleven investment potentials in the state among others.

The Director General further highlighted some of the investment fora attended by the Agency such as the Africa Finance Investment Forum, Geneva, Switzerland as well as the Africa Trade Investment Summit and the Nigerian Diaspora Investment Summit, both of which were held in London.

She equally pointed out that investors from Pakistan led by the Pakistani High Commissioner, Hon. Dauda Danlandi and their Israeli counterparts had visited the state to explore the investment climate of the state.

Ms. Freda Murray-Bruce said many of these investors have indicated interest in investing in the real and service sectors and have signed Memoranda of Understanding (MoU) with Bayelsa State, some of which include that with the Heritage Oil Company, UK to develop hydro-carbon resources and DST Petroleum LTD for the establishment of a fertilizer plant in Brass Local Government Area.

She further expressed appreciation to the Bayelsa State House of Assembly for the timely passage of the Bayelsa State Investment Promotion Agency’s bill into law, pointing out that this will enhance productivity and eliminate bottleneck procedures hitherto experienced by the Agency in the pursuance of its mandate.

Ms. Murray-Bruce expressed confidence that with this rate of operation at BIPA, Bayelsa State would soon witness high traffic of international investors.

She urged stakeholders in the Bayelsa project to collaborate with the Governor in the task of making life more meaningful to the people.


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