The Korea International Corporation Agency (KOICA) has injected over N70 million into the Bayelsa State economy through the donation of five rice milling equipment.
While taking delivery of the equipment at Government House, Yenagoa, Governor Seriake Dickson assured that Government would put the rice milling equipment into effective use.
Governor Dickson who noted that the state has numerous agricultural potentials said government was poised to develop the agricultural sector and diversify the State’s economy.
The State Chief Executive expressed the willingness of the state government to develope other sectors of the Bayelsa economy.
In his response, the Chief representative of the Korean Agency in Nigeria, Jung Sang Hoon, said “the five (5) 300 gramme per hour millers worth over N70 million were donated in view of the devastating effects of the flood that must have damaged the existing rice milling machines in the state.”
He assured the government of at least one year guaranty for the equipment as well as the provision of spare parts.
Highpoint of the occasion was the delivery of the rice milling equipment by the KOICA representative in Nigeria, Jung Sang Hoon and his team to Governor Dickson and some members of the Executive Council.