Bayelsa State
government has announced its
finances are in a healthy state
having declared the sum of N2
billion as the total amount
available in its coffers.
This follows deductions of
recurrent and capital
expenditures spanning three
months.
State Deputy Governor,
Gboribiogha John Jonah,
disclosed the figures during
the monthly transparency
initiative briefing.
He noted that salaries for civil
servants over the three months
amounted to over N11,66
billion while those of political
appointees was N1,3 billion.
Payment of the N18 000
minimum wage arrears for civil
servants came up to N377,77
million.
According to Jonah, statutory
allocation for the three months
was over N12,45 billion but
there was no fund from the
excess crude account and
augmentation during the
period.
On derivation from the
federation account, he
explained that N32,56 million
was received while
government got N1,85 billion
as proceeds from value added
tax for the three months.
Jonah said the declaration of
the state’s monthly income and
expenditure was in line with
the administration’s policy of
transparency and
accountability.
He reiterated his
administration’s commitment
to probity and accountability.
The deputy governor said the
state is living up to its billing,
which include provision of
infrastructure, human capacity
building and improving state’s
internally generated revenue.
- CAJ News