Bayelsa Govt Pledges to Fulfil Financial Obligations to Ongoing Projects
Aug 18, 2025
Bayelsa State Government has reaffirmed its commitment to settling all financial obligations for ongoing capital projects under the current administration.
This pledge was made by Commissioner for Information, Orientation, and Strategy, Ebiuwou Koku-Obiyai, during a briefing on the state’s income and expenditure profile for May, June, and July in Yenagoa.
As the 2027 electioneering get closer, the commissioner urged journalists not compromised ethic standard of their profession but uphold it.
“Please help us to continue to support and the combating of the vices of rumour mail, which is usually more visible during this electioneering season, but we won’t be able to do this if your reportage is not balanced” We are all partners in progress in the development of this state and feel free to approach any commissioners for balance report or come to me If you cannot approach any of my colleagues”
The state government declared a closing balance of over one hundred and sixty-five billion Naira in its coffers as of the end of July.
The Commissioner for Information, Orientation and Strategy said the Bayelsa State government has institutionalized the monthly income and expenditure profile briefing as part of its commitment to transparency and public accountability.
Mrs. Ebiuwou Koku-Obiyai stated that the policy philosophy is behind all the ongoing projects in the State to fast track development, stressing that the Governor Douye Diri led Administration would continue to finance the projects with the goal of completing them before leaving office.
Technical Adviser on Treasury, Revenue and Accounts to the Governor, Mr. Timipre Seipulou while giving a breakdown of the income and expenditure profile of the State for the months of May, June and July this year said over N165.8 billion was the balance in the State’s coffers as of the end of July after recurrent and capital expenses.
He said much of the funds were being expended on capital projects which gulped, N94.8 billion for May, N35 billion for June and N79 billion for July while recurrent expenditure was N7.3 billion for May, N6.4 billion for June and N6.3 billion for July.
On the Tax Reform, Mr. Seipulo noted that the new Tax Law Act when implemented will have effect on the revenues of the State
