Bayelsa State Government and its foreign partners have endorsed an agreement to float a N3.9bn aquaculture project in the state.
The project, according to the Commissioner for Agriculture and Natural Resources, Dr. Thomas Commander, involved construction of fish farms and fish processing and storage facilities.
Commander, who spoke in Yenagoa, said while the government would invest N1.17bn in the project, the foreign partners would commit N2.73bn.
He said the deal had been concluded and the pact sealed with the foreign technical partners.
He said constructing storage facilities in the state would boost food production for local consumption and export.
He described the project as a giant leap to diversify the economy from oil and gas adding that the state would take advantage of its environment.
He said the government would embark on massive rice, cassava, banana, fisheries and aqua- culture production.
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