Bayelsa State government has reiterated its commitment to transparency and accountability in its financial dealings.
Commissioner for Information, Orientation and Strategy, Mrs. Ebiuwou Koku-Obiyai made the remark at the Income and Expenditure Profile Briefing for the months of October, November and December Twenty-twenty-five.
The Technical Adviser to the Governor on Treasury, Accounts and Revenue, Mr. Timipre Seipulo announced a balance of forty-five point four billion Naira in the State’s coffers as of the end of last year.
The Bayelsa State Commissioner for Information, Orientation and Strategy said the Governor Douye Diri led Administration has continued to invest in ongoing projects which are reaching final stages of completion.
Mrs. Ebiuwou Koku-Obiyai stated that while the State government had demonstrated commitment to fulfilling its financial obligations to contractors, it would continue to manage resources for the benefit of the people of Bayelsa as well as remain transparent and accountable to them.
The Technical Adviser to the Governor on Treasury, Accounts and Revenue, Mr. Timipre Seipulo who gave a breakdown of the revenue and expenditure for October, November and December said the State had over forty-five billion Naira in its reserves as of the end of last year after capital and recurrent spending.
Mr. Seipulo said a chunk of the funds went to capital projects such as the Bayelsa Gas Turbine, major roads and bridges undergoing construction with a view to completing them on schedule.
