Diri Presents N311bn 2022 Budget To Assembly
The Bayelsa State Governor, Douye Diri last Wednesday, presented a N310.7 billion budget estimate for 2022 to Bayelsa House of Assembly in Yenegoa.
The 2022 appropriation bill christened “Budget of Sustainable Growth’’ is to be funded partly from borrowing and grants from development partners, according to the governor.
During the presentation, Diri said the administration was formulating a 30-year development plan for the state.
He said when the budget becomes law, the government would build critical infrastructures, sustain urban renewal and development, create wealth and job opportunities, build human capital and strengthen agriculture.
“We intend to explore other sources of funding apart from our projected revenue and expected federal allocation.
“We intend also to borrow N45.8 billion to fund 13 per cent of the total budget estimate.
“The expected aid and grants from our development partners is estimated at N24.7 billion, which is approximately eight per cent of the total budget estimate.
“The 2021 “Budget of Growth’’ was based on a benchmark oil price of 38 dollars per barrel of oil and production capacity of 1.8 million barrels per day and an exchange rate of 379 Naira to the dollar.
“Notwithstanding shortfall in our expected revenue inflow and the rise in our internal expenditures, we gave approval to augment payment of new minimum wage to local government workers, primary school teachers and cleared minimum wage arrears.
“The 2021 Budget was framed to give the state a positive outlook and drive it to a genuine path of prosperity after the 2020 Covid-19 pandemic.
“More than 60 per cent of the capital expenditure was allocated to sectors that drive investments, economic growth, improved infrastructure, youth and women empowerment.
“This was achieved through support to trade, entrepreneurial and agricultural activities and sustainable policy formulation and implementation of ICT.
“The education sector is enjoying robust funding, infrastructure upgrade and improved policy implementation.
“We have put machinery in place to establish vocational schools and technical skills training centres to aid the training of our youths and women in skill sets that are of high demand to make them employable,’’ he said.
According to the governor, the 2022 budget breakdown shows capital expenditure of N110.980 billion, Education – N4 billion, Agriculture – N12 billion and Works – N51 billion, among others.
Bayelsa Recommits To Accountability, Infrastructural Projects …Declares Financial Receipt For Feb, March
The Bayelsa State Government has restated its resolve towards ensuring accountability and prudence in the management and deployment of financial accruals to the state.
The Government stated this during the monthly ‘Transparency briefing’ held in Yenagoa, the state capital on Thursday, June 1st, to render the state’s financial report for February and March, 2023.
Rendering the financial report, the state Commissioner for Finance, Mr Maxwell Ebibai, indicated that statutory allocation stood at N2.222b, derivation, N14.021b, VAT, N 2.683b, first non-oil revenue, N 623m, 2nd non-oil revenue, N 93.5m, electronic money transfer levy was N 125.4m.
He said refund of VAT stood at N 55.5m, while total inflow from the federation account allocation committee(FAAC), stood at N19.826m, respectively.
Ebibai also said deductions from FAAC for February were N 2.4b, while total net inflow stood at N 17 .423billion.
According to the Commissioner, the state also raked in N 1.093b from internally generated revenue(IGR), and that ecological fund transfers to the state in February were N 79m, while refunds for excess crude was N3.876billion, making the sum total accruals for the month to be N 22.472billion.
He noted that expenses incurred in February were: Civil Servants salaries, N 4.387billion, bank loans, N 1.650billion, salaries of political appointees, N 551m, gratuity, N1 billion, grants to higher institutions of learning of the state, N 961m, ten percent contribution to salaries of primary school Teachers in the state, N 86m.
Further more, the Commissioner stressed that additional contribution to salaries of Teachers of public primary schools in the state was N117m, while minimum wage arrears was, N 50m, whereas the Government transfer of 50% refunds to the NDDC from the state in February stood at N 39.5m, and 5% contribution from its IGR to the State loans board was N 51.5m.
He noted also that charges from the state account maintenance in February, was N 13.5m, and that total payment incurred for recurrent expenditure stood at N 9.087billion, leaving the state with a balance of N13.384b.
The Government stated that total amount incurred as payment for capital expenditure in February stood at N 16.014billion.
The Tide reports that the Commissioner for Finance stated that in March, the state had a negative balance of N5.975 billion, which was only made good by the balance brought forward from February, leaving a closing balance of N3.887 billion.
Earlier in his opening speech, Commissioner for Information, Orientation and Strategy, Hon. Ayibaina Duba, scored the administration of Governor Diri high on its meticulous and prudential deployment of resources for the execution of infrastructural projects and other programmes in the state.
He noted that from the inception of the Governor Diri-led ‘Prosperity’ administration to date, the Governor has demonstrated willingness to fast-track the developmental processes of the state.
Duba restated Government’s resolve towards completing all ongoing infrastructural projects, maintaining that with Governor Diri at the helms of affairs of the state, Bayelsa can only be even better for it.
”Governor Diri has over and over again demonstrated the willingness and resolve to develop this state inspite of the dwindling allocations and other accruals to the state. But I want to again, assure all Bayelsans that no ongoing infrastructural project would be left stalled in this state by this administration”, he said.
By: Ariwera Ibibo-Howells,
MOSIEND Lauds Asari Dukobo Over Minority Rights Advocacy
The Movement for the Survival of Izon Ethnic Nationality in the Niger Delta (MOSIEND) has commended Alhaji Asari Dokubo for his relentless advocacy for the rights of minority people.
National President of MOSIEND, Mr Kenedy Tonjo-West, in a statement issued on Saturday in Yenagoa, noted that Dokubo’s struggles bring to the fore decades of selfless service by the Ijaw leader.
The statement described Dokubo as a man of many parts, with passion in his pursuit for a better deal for the Izon Ethnic Nationality and other minorities in the Niger Delta and Nigeria, Tonjo-West noted that Dokubo has sacrificed a lot for the peace, unity and Socio-economic and political advancement of the Ijaws and Niger Delta people.
“Asari Dokubo is a Hero, one we hold in high esteem and join in celebrating as always.
“He is a trail blazer and pathfinder who brought more awareness to the gross marginalization and oppression of the Niger Delta people by forces, including Multinational corporations.
“And his detest for criminality, more especially from those in the struggle platform, stands him out. Asari abhors any act that will dent the credibility and integrity of the people in the struggle platform.
“He speaks truth to power and has become the voice to several voiceless ethnic nationalities outside of Ijaw and Niger Delta”, Tonjo-West stated.
The MOSIEND leader said Dokubo is a role model to so many and he makes his position on issues and policies known without fear or favour.
He described Dokubo, a former President of Ijaw Youths Council (IYC), as a known anti-oppression and anti-corruption advocate.
“We rejoice with him and celebrate God’s mercy and faithfulness upon his life and wish him many more years ahead in good health, sound mind and fulfilment.
“Yes, he may be controversial sometimes in his positions on issues, but that doesn’t make him a bad person. He has a kind heart but should not be taken for granted.
“If he stands for you, you can go home because he stands by his convictions. He is our illustrious son and brother, a legend and a rear gem. Ijaw Nation and Niger Delta are proud to have him” Tonjo-West concluded.
By: Ariwera Ibibo-Howells,
Diri Condemns Slow Pace Of Work On Nembe-Brass Road
Bayelsa State Governor, Senator Douye Diri, has expressed dissatisfaction with the pace of work on the 21km phase one of the Nembe-Brass Road, being constructed by his administration.
He stated this when he paid an unscheduled visit to the project site at Nembe.
The Governor in a statement by his Chief Press Secretary, Mr. Daniel Alabrah, told the construction company, Setraco, that the project was important to his administration and people of the area.
He said the level of work done since the project commenced almost a year ago was not commensurate with the N16 billion paid as mobilization out of the N54 billion earmarked for the project.
Urging the company not to disappoint his administration, the Bayelsa helmsman stressed that he does not want anyone to adduce or play politics with the project.
While acknowledging that the company was credible, Governor Diri enjoined the contractor to put in more effort in order to meet the timelines for completion of the job.
”I am not comfortable with the level of sand filling that you have done so far. We have timelines for this project and I do not want anybody to ever think that we are playing politics with this road.
“We know why we awarded this contract. We know the importance of this road leading to Brass and I do not want you as contractors to disappoint the government. That is why we came here to make the point that this road means a lot to us.
“This contract was awarded for the first phase for about N54billion and your mobilization was 30 per cent, which amounts to N16billion. Government has paid the N16billion but the work done is not commensurate with the mobilization that you have received.
“The next time we come here, we want to see this whole place sand-filled. Take this very seriously.
“You are a very serious company and you have been working with this government. You did the Sagbama/Ekeremor Road and now you are on this important road. So I expect that you will not disappoint us”, he said.
In his response, the Setraco Area Manager for Bayelsa and Delta States, Engr. J. J. Cosme, promised to increase the pace of work on the project in order to meet the timelines.
He also assured that the company will not disappoint the government and people of the area.
Governor Diri also inspected the ongoing Onuebum-Otuoke Road project in Ogbia Local Government Area.
By: Ariwera Ibibo-Howells,
Health2 days ago
Who Launches Digital Health Scheme
News2 days ago
NLC, TUC Call Off Strike, Resume Negotiation With FG June 19
Politics2 days ago
EU Recommits To Strengthening Nigeria’s Democratic Governance
News2 days ago
Three Die As Cultists Engage Rivers Police In Shoot-Out
Business2 days ago
NAMA Installs Radar At Abuja, Lagos Airports
News2 days ago
Traditional Ruler Harps On Youth Employment
Health2 days ago
WMHW: Foundation Urges Govt To Provide Pads To Schools
News2 days ago
Don’t Terminate Passport Contract, Reps Warn FG