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.
Niger Delta
Tai Agric Sector Gets Emergency Attention …As Chairman Distributes Farm Inputs, Inaugurates Technical Team

The Chairman of Tai Local Government Council of Rivers State, Hon. Matthew Nenu Bari Dike has declared a state of emergency in the agriculture sector of Tai local government.
Speaking while distributing farm implements and other agricultural support packages to the farmers at the council’s headquarters in Saakpenwa, yesterday, Dike challenged farmers to show their farms before requesting for financial assistance.
The council boss stated that as a government, they were committed to putting smiles on the faces of the people and assured that his administration would ensure that every person in the local government is happy.
“As a government we want to assure you that, we will stop at nothing to ensure you all are empowered and living happily”.
According to him, “the gesture is aimed at enhancing food production and security through agriculture, and enjoined all lovers of agriculture in the local government area to identify with the quest to redefine development through agriculture in the local government.
He encouraged everyone to cultivate the passion and return to agriculture, to guarantee self-reliance, maximum food production and security in the area.
His administration, he said, would purchase more yam seedlings in order to get greater production to encourage exportation beyond the shores of Nigeria.
“A boost in yam production will also empower farmers in the Local Government Area”, the elated chairman said.
In a related development, the Chairman has inaugurated a five, member Agricultural Technical Committee for the Local Government Area.
The committee is made up of Pst. Anderson Wariboko, Barr. Paul Newman,, Smith Nyor-Ue, Gladys Jumbo and Dr Keke Rammyson
Also speaking, the Director of Agriculture, Tai Local Government Area, Mr Anderson Wariboko revealed that the event was part of activities to mark the chairman’s 100 days in office.
Wariboko who led the chairman, and other leaders of the council on the distribution of the farm inputs to the farmers, was full of praises for the chairman, Hon. Dike whom he said has the interest of the people at heart.
Kiadum Edookor
Niger Delta
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