Gov Dickson Laments Steady Drop in Revenue, as Bayelsa Receives N5.2bn as Allocation for September ...Assure on Salary Payment

Create: 10/03/2015 - 08:21

Bayelsa State Governor, Hon. Seriake Dickson on Thursday expressed concern over the steady decline in the revenues from the Federation Accounts Allocation Committee (FAAC), as evidenced in the less than one billion naira shortfall in the revenue between August and September, this year.

...Call for Great Understanding From All and Sundry

Bayelsa State Governor, Hon. Seriake Dickson on Thursday expressed concern over the steady decline in the revenues from the Federation Accounts Allocation Committee (FAAC), as evidenced in the less than one billion naira shortfall in the revenue between August and September, this year.

Governor Dickson stated this, while speaking at a lecture/dinner organized as part of activities commemorating the 55th independence anniversary of the country and 19 years of the creation of Bayelsa State at the Banquet Hall in Yenagoa.

According to him, the state received N6.2 billion in the month of August and the amount from the previous month has dropped to N5.6 billion occasioned by the sharp reduction in prices of crude oil in the international market.

His words: “The last report we got was that our allocation has dropped from N6.2 billion for last month, to about N5.6 billion for this month. This shows the challenges that our state is grappling with. But, we are not alone. Whereas, many states cannot even, meet their basic obligations, we in this state, are still carrying on. As a matter of fact, I have again instructed that salaries be paid as from Monday next week.

“But this is coming with a lot of cost and sacrifices. You can imagine what would have happened, if we didn’t experience this drastic and sudden drop in our revenue, Bayelsa would have been something else. But we are still not despondent. We are hopeful that with our a focused team on board and by the grace of God, revenues will improve and we will again work together to take our state to the next level. 

Governor Dickson, who reiterated his call on the people of the state to be patient and show some understanding, in view of the current economic challenges, however, expressed hope that, the economic situation would improve to enable the government to execute its developmental agenda.

Congratulating the people on the Independence Day twin celebrations, the Governor saluted the efforts of late General Sani Abacha, founding fathers of the state and past Governors for their sacrifices and contributions towards making the creation of Bayelsa a reality.

Governor Dickson, who also commented on the forthcoming Governorship election in the state, called on the Federal Government to ensure that, everything is done to maintain law and order and equally urged the people to sustain the existing peace.

Delivering the anniversary lecture titled, “Values Re-orientation and Attitudinal Changes as Vehicles for Sustainable Development: Implication for the Ijaw Nation,” a retired Justice of the Supreme court, Hon. Justice Francis Tabai, described the theme as apt, as the state was witnessing another political season.

Justice Tabai, who tasked the people on value re-orientation and attitudinal change, defined values as a set of principles guiding a person’s behavior, which impacts every aspect of one’s life.

He stressed that, positive attitude towards issues of development in the state was the surest way to guarantee growth and progress, rather than seeking instant personal gratification.

Daniel Iworiso-Markson
Chief Press Secretary to the Governor of Bayelsa State