BAYELSA REMAINS LEAST INDEBTED STATE IN SOUTH-SOUTH

... TO COMPLETE PAYMENT OF N120 BN SYLVA BOND IN JUNE
...CHALLENGES SYLVA TO TELL BAYELSANS WHAT HE DID WITH THE LOAN

The Bayelsa State Commissioner for Information, Mr. Daniel Iworiso-Markson, has said that the state was the least indebted among the states of the South South geopolitical Zone.

He said said that the state’s debt profile as released by the Debt Management Office was moderate because of the frugality and judicious Management of state resources on the part of the state Governor, the Honorable Henry Seriake Dickson.

The Commissioner said that the Government inherited a bond of N120 billion from the Chief Timipre Sylva Administration at inception in 2012 and would complete repayment in June.

The Commissioner noted that the Governor should be commended for keeping the debt status of the state low in spite of the various big ticket projects in the critical sectors that were successfully executed in the state.

He recalled that the State Government recently completed the Bayelsa International Cargo/Passenger Airport at a cost of N65 billion aside from the multi billion projects in Education, Health, Agriculture and sectors.

The Commissioner said that Sylva and members of the APC who have been making false claim about the debt profile of the state had a responsibility to tell Bayelsans what they did with the N120 billion loan burden they foisted on the state.

He lamented that the money was frittered away as no visible project was tied to it.

He said, “It is worthy of note that the Bayelsa still remains the least indebted state in the whole of the South South South. This is in spite of the massive projection execution that has taken place since 2012 when the Restoration Government took over.

“The debt status of the state is modest because of the prudent and judicious management of state resources by the Governor in spite of the several completed development projects in the state.

“By this month, we will finish paying Chief Timipre Sylva’s bonds which is about N120 billion which of course, he didn’t use for anything.”

“When such people make claims, they should be reminded that they have a duty to tell Bayelsans what they did with N120 billion they foisted on the state,”

Comments

Bayelsa Govt. seals off Agip facility

The Bayelsa State government has sealed the premises of Nigerian Agip Oil Company (NAOC) Oil and Gas facility, in Egbebiri, a Biseni Community in Yenagoa Local Government Area of Bayelsa State. The Chairman of Bayelsa State Physical Planning and Development Board, Hon. Ebi Waribigha, said the sealing of the facility followed an eviction order issued by the State Physical Planning and Development Tribunal in Yenagoa. The eviction order had granted the government of Bayelsa State leave to effect the eviction of Agip and all occupants of the premises to enable the Physical Planning and Development Board to conduct environmental, health, technical integrity and safety checks at the facility. The facility was reportedly built without a building permit as required by the Bayelsa State Physical Planning and Development Law (2015). The court had also directed the Commissioner of Police, the Commander of the Joint Task Force (JTF) and all security agencies to facilitate the enforc...

Osinbajo’s Copter Crash: GOV Dickson urges Nigerians to Thank God for averting National Tragedy

SYLVA, A DESPERATE POLITICIAN UNDER THREAT FROM HIS CONSCIENCE - DICKSON

...SAY HE RUNS WHEN NOBODY PURSUES HIM The Bayelsa State Governor, the Honourable Henry Seriake Dickson, on Wednesday described former Governor Timipre Sylva as an unpopular and desperate politician whose conscience remains his greatest threat. Dickson said in a statement by his Special Adviser, Media Relations, Mr. FIdelis Soriwei, that Sylva cuts the gnawing image of a troubled man screaming and fleeing at the sight of nobody. Dickson was reacting to a claim by Sylva that the governor was behind a plot to pitch the Chief òf Staff to the President, Mr. Abba Kyari, against him through orchestrated media reports. Soriwei said that Governor Dickson is too involved and indeed occupied with the execution of the mandate the Bayelsa people gave to him, to be distracted by the hallucinations of a politician whose lifeline in politics was the state òf the mood of his political masters. The Governor’s media Aide said that it was queer and absurd that Sylva did not point to any p...

Quick Response Nig

Search This Blog