…. … Renders Financial Accounts For November, December, 2017
Bayelsa State Governor, Hon. Seriake Dickson has assured that more investments would be made in the housing this year to address the deficit in the sector.
The Governor gave the assurance at the monthly transparency briefing in Yenagoa, the state capital.
Governor Dickson noted that, 100 hectares of land has been acquired and mapped out at Agbura and Ayama communities in Yenagoa and Southern Ijaw local government areas respectively, targeted at low and middle income earners.
According to him, 800 hectares of land has also been earmarked at the new Yenagoa City, across the Epie Creek at the Government Reserved Area, GRA.
Governor Dickson urged Bayelsans to take advantage of the opportunity, assuring that, they would receive their certificate of occupancy within 60 days, as the state government has liberalised the process since inception in 2012.
Presenting the income and expenditure profile of the state for the months of November and December, 2017, the Governor said government recorded a deficit balance of about N1.4 billion in November.
According to him, the state government received a gross inflow of N12.4 billion while total deductions from the federation account stood at N1.6 billion, leaving a balance of N10.8 billion.
Governor Dickson said a total of N8.5 billion was expended on outflows, which include, N3.6 billion for civil servant salaries while that of political appointees gulped N293 million.
He explained that, capital and recurrent payments stood at about N5.8 billion.
Also rendering the financial profile for the month of December, Governor Dickson explained that the state received N12.2 billion as gross inflow , while total deductions at source amounted to N1.6 billion leaving the state with a balance of about N10.6 billion.
On outflows, he said bank deductions gulped N3.6 billion, salaries of civil servants N3.6 billion, while capital and recurrent expenditure stood at N7.5 billion.