Niger Delta
Bayelsa Faults BudgiT 2022 Report
The Bayelsa State Government has dismissed the 2022 fiscal sustainability report on Nigerian states released by BudgiT, a publc finance transparency-focused civil society organisation.
The Tide’s source reports that Rivers State tops the 2022 fiscal performance ranking, followed by Kaduna and Cross River, while Yobe, Bayelsa and Benue States sit at the bottom of the table.
The Bayelsa State Government, in a statement released by its Commissioner for Finance, Mr Maxwell Ebibai, questioned the report.
Ebibai faulted the methodology used to arrive at the rankings and noted that it did not reflect current financial standing of the State.
The Commissioner said the report was merely a rehash of the 2021 ranking.
“Our reaction then as now is that not only is this report faulty, but relies on tangential parameters inconsistent with economic fundamentals.
“As before, the current report erroneously depended on opaque data and criteria bordering largely on the ability of a state to meet its operating expenses (recurrent expenditure) with only its Internally Generated Revenue.
“The very notion of creating a dichotomy between “Federal Allocations” and “Internally Generated Revenue” is a misnomer” the statement said.
It continued that the report is “adding insult to painful injury as over the years, we have protested the absence of true fiscal federalism and inequity of the revenue-sharing formula that robs states such as Bayelsa in favour of the collective,” Ebibai stated in the statement.
According to him, it was incomprehensible not to appreciate that oil and gas had produced at a significant opportunity cost to states and that the derivation revenue compensated for such brutal environmental degradation.
He further recalled that Bayelsa State Government protested against the 2021 ranking as being defective for excluding key revenue sources such as mineral oil derivation funds in the analysis, a position the BudgiT team acknowledged.
“We are again bewildered that they returned to this cynical profiling.
“It should be worrisome to BudgiT that the huge revenue that should accrue to Bayelsa from taxes of oil multinationals operating in the state were being paid to states where the companies have their offices domiciled.
“Notwithstanding the disequilibrium, we are happy to state unequivocally that the financial standing and sustainability of Bayelsa State are sound and not in any jeopardy as the government can comfortably meet its obligations, including regular payment of salaries and pensions,” the statement read in part.
Ebibai noted that it was also disturbing that a state with a low debt profile that was effectively managing its financial liabilities would be ranked low against states with a higher debt profile, more so when Bayelsa was clearing its debts.
On biometric capturing of the state’s civil servants, he said that Bayelsa had successfully concluded the process to achieve payroll transparency.
According to him, the government continues to invest in human capital development and empowerment programmes, without neglecting critical financially demanding infrastructure projects such as the Yenagoa-Oporoma Road and Bridges, the Sagbama-Ekeremor Road with seven bridges and the Nembe-Brass Road with 10 bridges amongst other projects across the state that will stir its economic life.
Ebibai noted that states with limited federal presence were inherently disadvantaged with the ranking methodology where facilities such as ports give a clear edge to some states.
He recommended that for a fair analysis and a more comparable measure of fiscal sustainability, BudgiT should expand its indices to cover derivation revenue as IGR in future profiling.
He explained that the Bayelsa Government was in strong disagreement with the ranking and wished to state categorically that it rejected the report.
Ebibai said it failed to rely on key financial instruments that were legitimate, equitable and sustainable.
News
King Jaja Impacted Beyond Rivers -Deputy Gov
Rivers State Deputy Governor, Professor Ngozi Odu, has poured accolades on late Amayanabo of Opobo, HRM Dandeson Douglas Jaja V, saying his footprints went beyond the State.
Speaking during a condolence visit to the wife of the late king, Prof. Odu said the late monarch contributed meaningfully beyond the shores of Rivers State.
“He contributed not only to Opobo, not only to Rivers State, but to Nigeria as a nation. We all know the various positions he held until his passing. For us as a Commission, we are really going to miss him greatly, especially at this time when his guidance was most needed,” she stressed.
She described the late king as a distinguished traditional ruler whose life and service contributed immensely to the development of Rivers State and Nigeria at large.
The deputy governor, who also serves as Chairman of the Rivers State Boundary Commission, noted that until his demise, King Jaja was an Ex-Officio member of the Commission, representing Rivers South East Senatorial District.
According to her, the late monarch actively participated in several meetings of the Commission and played an important advisory role.
“He actually participated with us in a couple of meetings. It was with great shock that we received the news of his passing. We saw daddy as someone who was very strong, healthy and athletic,” Prof. Odu said.
Prof. Odu explained that the Commission relied heavily on the wisdom of traditional rulers like the late monarch to ensure that its responsibilities were carried out properly and conscientiously.
She assured the family of the Commission’s continued support, saying they will remain close to the family throughout the burial arrangements and beyond.
Addressing the widow, Queen Prudence Dandeson Douglas Jaja, Prof. Odu said the visit was to commiserate with her and encourage her during the period of mourning.
“Please accept our condolences. Please be strong and put your hope in God. The God who watches over widows will never abandon you,” the deputy governor prayed.
“We cannot question God. What has happened has happened. All we can do is to pull ourselves together. That is why we are here to pray that the Holy Spirit will strengthen you, that God will turn your sadness into joy and clothe you with a garment of beauty,” she added.
Responding, Queen Jaja described her late husband as a gentle, humble man who was deeply committed to the progress of Rivers State, and Nigeria at large.
She expressed gratitude to the deputy governor and other members of the Boundary Commission for identifying with the family in their moment of grief.
“We are praying that his soul will rest in perfect peace. I thank you very much for coming to console me at this trying moment. Seeing you here has given me comfort. God bless each and every one of you,” she said.
She also offered prayers for the delegation, wishing them a long life and good health.
Highlight of the visit was the presentation Letter of Condolence from the Rivers State Boundary Commission to Queen Jaja.
Kevin Nengia
Niger Delta
Former Bursar Savours Leadership Merit Award
The former Bursar of Ignatius Ajuru University of Education, Rumuolumeni, Port Harcourt, Dr Davis Ojima, has expressed delight over the Leadership Merit Award recently presented to him by Ohiauga Community in Igburu Clan in Ogba/Egbema/Ndoni Local Government Area of Rivers State, describing it as a befitting crowning moment in his life.
Dr Ojima, who made the remarks while speaking with newsmen shortly after receiving the award, said it was an endearing milestone to be considered by his community for that rare honour, and expressed gratitude to the community for recognising his modest contributions to the development of the area.
The former Bursar, who is still in active public service, noted that the honour done to him came at a time when he least expected it, and thanked God for the rare privilege, as well as providing him the opportunity, the enabling environment and zeal to contribute his quota to the development of the area.
Dr Ojima, therefore, assured the people that he would remain committed to promoting peace, unity and sustainable development initiatives in the community.
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