Niger Delta
Bayelsa Spends N3.52bn On Debt Service
Bayelsa State Government said it spent N3.52 billion on servicing its loan obligations to commercial banks for the month of May.
The Tide’s source reports that domestic debt stock data from the Debt Management Office for Bayelsa as of March 31, stood at N151.41 billion.
Technical Adviser to Governor Douye Diri of Bayelsa State on Treasury Matters, Mr Timipre Seipulo, stated this while giving an update of the state’s income and expenditure profile for the months of May and June in Yenagoa.
According to the financial highlights, the state generated some N1.68 billion from internal sources in addition to a gross inflow of N22.86 billion from the federation account to make a total of N22.91 billion for May.
Of the amount, derivation revenue, a 13 per cent of value of crude oil produced within the state for May stood at N17.82 billion.
On the other hand, non oil revenue of N124.69 million accrued to the state for the month under review.
According to Seipulo, the state’s wage bill for civil servants and political appointees gulped N6.2 billion.
For the month of June, Bayelsa got N18.67 billion after deductions at source from the federation account.
Oil derivation accounted for N14.02 billion, while the internally generated revenue was N1.99 million.
The total wage bill for the month of June was N6.14 billion.
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Niger Delta
Make God Your Anchor To Fulfill Destiny, Cleric Charges Christians … As Jaja Marks 70th Birthday
The Lead Pastor at Jesus Appointed People’s Bible Church, Ozogbe, Ikwerrengwo-Etche, in Etche Local Government Area of Rivers State, Pastor Promise Nwaelele, has urged Christians to make God the anchor of their lives in whatever position they find themselves, in order to attain the destinies set for them by God.
Pastor Nwaelele, who gave the charge recently in a sermon he preached at the 70th birthday anniversary thanksgiving service of Sir Donald Michael Jaja, a veteran journalist in Rivers State, said this is because any genuine child of God is a permanent target for destabilization and destruction by the devil.
Taking his text from the Bible book of Mark 4:16-17, the preacher stated that fulfilment in life for a child of God required faith, obedience to God’s word, humility and grace to withstand trials and temptations.
According to him, temptations and afflictions are bound to happen in the lives of those who have accepted Jesus Christ as their Lord and Savior.
“No wonder the Bible said that those that endure till the end shall be saved”, he said.
The Clergyman said God prospers believers who are humble, not proud and conceited, and leads them to destiny fulfilment.
“David said in Psalm 51:17, that the sacrifices acceptable to God are a broken spirit, not an impatient or proud spirit”, the preacher said.
He called on Christians not to allow persecutions and afflictions to sway them from the love and blessings of Jesus Christ.
On his part, Jaja, a seasoned Journalist who retired as an Acting Editor of the Rivers State Government-owned The Tide Newspaper, gave thanks to God for honouring him by giving him the grace of attaining 70 years.
“I cannot capture what the good Lord has done for me in my entire life in this fleeting moment of thanksgiving. But, I know that without Him, I wouldn’t have been who I am today, in all spheres. Therefore, my joy knows no bounds as I give thanks to my creator today, alongside my family. Praise be His holy name”, Jaja said.
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