Bayelsa State created on 1 October 1996 out of the old Rivers State. The name, Bayelsa, is an acronym of three former Local Government areas – Brass, Yenagoa and Sagbama – in the then Rivers State, which had earlier on comprised the entire area now constituting Bayelsa State. It has interstate boundaries with Rivers State to the West and Northwest and Delta State to the East and Southeast. The Gulf of Guinea lies to its South.
The state nicknamed “Glory of all Lands” has the largest gas reservoir (18 trillion cubic feet) in Nigeria and produced 40% of on-shore crude oil in the country.
Bayelsa State Snapshot
- Total land area: 9,059 Km2
- Capital: Yenagoa
- Local Government Areas: 8LGAs: Brass, Ekeremor, Kolokuma/Opokuma, Nembe, Ogbia, Sagbama, Southern Jaw, Yenagoa.
- Population: 1,704,515 (Male- 874,083 and Female- 830,432)
- Vegetation: Mangrove and Rain Forest
- Major crops: Cocoa, Rice, Cassava, Pineapple, Oil Palm, Rubber, Banana, Maize.
- Solid minerals: Clay, Silica, Limestone.
Main Investment Opportunities
Opportunities for investment exist in:
- Light Manufacturing