By Osa Okhomina,Yenagoa
The Governor of Bayelsa State, Hon. Seriake Dickson has presented 2018 appropriation bill of N295.2bn to the State House of Assembly,describing it as a strong finish on development,stability and prosperity.
Gov. Dickson’s budget estimate showed that the government planned to spend more on capital projects than recurrent expenditure.
Dickson proposed to spend N146.6bn (50 per cent) on infrastructures; N48bn (16.27 per cent) on personnel; N42.6bn (14.42 per cent) on overhead and consolidated revenue fund charges of N58bn (19.6 per cent).
Further breakdown showed that revenue was expected from statutory allocations N200bn; Value Added Tax (VAT) N8.5bn; Internally-Generated Revenue N24bn and other capital receipts of N62.7bn.
The state’s Ministry of Works and Infrastructure got the lion’s share of N36bn followed by the ministries of Education, N22bn; Budget and Economic Planning, N13bn; Housing N10bn, Health N8.5bn among others.
Dickson p, who highlighted the achievements of his government in 2017 said the 2018 budget was geared towards paying more attention to all the capital investments in the state.
He said all the senatorial roads would receive adequate attention while efforts would be made to construct mire internal roads in Yenagoa, the state capital.
He vowed to sustain the ongoing reforms in the public sector especially eliminating payroll fraud in the state adding that from next year all the tertiary institutions would only receive grants from the state government.
He, however, said the reforms in the educational sector would not affect teachers and assured workers of better welfare in 2018.
Dickson insisted that the ongoing public sector cleansing was aimed at freeing funds and space to enable the government lift the existing embargo on employment.
The governor promised to ensure the completion of the international cargo airport noting that earlier next year the first commercial flight would land in Yenagoa.
In his remarks, the Speaker of the State House of Assembly, Mr. Kombowei Benson, extolled the sterling qualities of the governor and congratulated him for emerging as the reconciliation chairman of the Peoples Democratic Party (PDP).
He said with all his investments in education, the governor could only be equated with the late Obafemi Awolowo, whose contributions in education remained the best in the country.
While promising to give the budget adequate attention, Benson asked other lawmakers to work with Dickson to develop the state.
Plantain: Remedy For Kidney, Bladder Problems
Research has shown that plantains are rich in vitamins and minerals that contribute to good health. It is famed to...
Aloe Vera For Hair Health, Wounds Healing, Others
Since ancient times, the aloe vera plant has been used around the world to treat a number of ailments. Ancient...
Russel Carrington Wilson
Russell Carrington Wilson is a 31 year old American football player for the Seattle Seahawks of the National Football League...
Every Woman Is A Queen – Mary Kanu
Mary Kanu is the brain behind the fast growing beauty home Mauchiqueen Beauty Planet. She speaks with MILLICENT AREBUN ONUOHA...
I Break Barriers To Succeed – Fatima
Fatima Yusuf Giwa from Akwanga local government area of Nasarawa State is the last child of her family. She was...
Internet Fraudsters Riding Roughshod On Nigerian Music’s Image
SAMUEL ABULUDE writes on Nigerian music, its charm, essence and need to rid it off internet fraudsters and bad image....
NEWS21 hours ago
Adamawa Rerun: Don’t Disobey Court Order, Ardo Tells INEC
AVIATION22 hours ago
Aviation Union Suspends Strike, Reopens NCAA Offices
LAW21 hours ago
Supreme Court Nullifies APC’s Candidates Elections In Zamfara
NEWS18 hours ago
Justice Has Prevailed In Zamfara – Atiku
NEWS21 hours ago
A/Ibom Tops HIV/AIDS Prevalence Rate
SPORTS22 hours ago
Serena Remains America’s Best Hope At French Open
CRIME18 hours ago
NYSC Member Jailed, Others Arrested As EFCC Goes After Fraudsters
ENTERTAINMENT21 hours ago
Davido Features In New Video ‘Next To You II’