Bayelsa State Government says, it is committed to providing necessary infrastructure and enabling environment to attract local and foreign investors to advance development in the state.
The Commissioner for Information, Orientation and Strategy, Mrs Ebiuwou Koku-Obiyai, said this in Yenagoa at the monthly Income and Expenditure Profile Briefing of the State for August and September.
Koku-Obiyai also said that the closing balance in the state’s treasury stood at N106.50 billion by the end of September.
She emphasised that the Douye Diri led government was commitment to upholding the principles of transparency and accountability.
She also said that the administration would complete all ongoing projects in different parts of the state.
The commissioner affirmed that government was intensifying efforts “to create employment for the people, provide stable power supply and reach out to investors to build an industrial base in the state and boost the local economy”.
Technical Adviser to the Governor on Treasury and Accounts, Mr. Timipre Seipulo, said the closing balance in the government’s treasury for August stood at N150.5 billion while that of September 2025 was N106.5 billion after capital and recurrent expenditures.
Seipulo spoke while giving the income and expenditure profile of the state.
He said that the state’s high liquidity was being applied to service expenditures, especially ongoing capital projects, to ensure their timely completion.
He said that capital expenditure for August gulped N77.5 billion, recurrent payment N5.3 billion.
According to him, payment for capital projects for September stood at N104.6 billion, while the recurrent was N5.5 billion.
