Delta Governor, Senator Ifeanyi Okowa, on Tuesday assured that his administration would partner the Federal Government towards domesticating the African Continental Free Trade Area (AfCFTA) agreement.
He gave the assurance in a meeting with a Federal Government Trade delegation led by the Minister for Industry, Trade and Investment, Mr Niyi Adebayo, in Asaba.
He urged the Federal Government to quickly address the issues of high cost of fund and poor power supply in the country.
He pointed out that there were bottlenecks associated with export trading and urged the Federal Government to work towards eliminating the constraints to encourage more traders.
The governor commended the minister for the enthusiasm in moving from state to state in ensuring that more states were involved in the trade agreement to boost export and increase internally generated revenue.
“It is of great interest to us and I am glad you are moving from state to state to sensitise them well enough and to enable us collectively take advantage of the agreement to boost trade in the country.
“There is no doubt that in preparing to ensure that more states get into the market, we will welcome this collaboration because it will enhance productivity once we have access to the market.
“We have tended to stay satisfied with crude oil without actually developing it in a way that it becomes more useful to us.
“We are glad that this relationship is coming at this time because it will actually stimulate and expand production thereby creating room for greater employment and people will make more money.
“When more and more people get employed there is less insecurity because when you take off more people from the unemployment market, you have less people available for criminal tendencies.
“We hope that the issue of cost of fund and power supply will be addressed because it leads to a high cost of production and it will affect producers in such a way that their products cannot compete favourably,’’ he stated.