The Libyans begin their latest tilt for continental glory against co-hosts Equatorial Guinea on Saturday after last year's well documented turmoil at home.
Although many observers have been busy predicting that Libya, who were losing finalists at the 1982 Africa Cup of Nations, will struggle to get out of the group stages, Paqueta is adamant that merely being there is good enough for now.
"Last year was a difficult one for all Libyans and we had to honour some of our matches away from home. Participation at the tournament means a lot to the players and all Libyans," the Brazilian revealed.
"This Africa Cup of Nations presents a perfect opportunity to bring back joy and heal the wounds of Libyans after all the troubles."
With Equitorial Guinea - who are sharing hosting duties with Gabon - Senegal and Zambia for company in a tough looking Group A, Paqueta is determined to start proceedings on a positive note, despite the atmosphere that is sure to await his charges at the Estadio de Bata.
"The first game in every competition is key to qualification to the next round. If you win, you are on course and it takes some pressure off you for the remaining games," he said.
"It will be a difficult game playing against the host team. They are playing at home and everybody will be rooting for them.
"As far as the group is concerned, we are on a par with Equatorial Guinea, as Senegal and Zambia are the favourites to go through."
Senegal and Zambia will lock horns at the same venue after the Libya match.