Niger Delta
Bayelsa Laments Low Revenue Allocation
The Bayelsa State Govern
ment has appealed to the Federal Government for an extension of the moratorium on the deduction of loans and other financial obligations, owed by various state governments.
The State Deputy Governor, Retired Rear Admiral Gboribiogha John Jonah, who made the appeal in Government House, Yenagoa, said the extension would enable the state governments to stabilize and tackle the issue of payment of workers salaries.
Lamenting the steady decline in the revenues from the Federation Accounts Allocation Committee, FAAC, he disclosed that, contrary to expectatons, the state government received only N2.4 billion for the month of March, despite the federal government’s declaration restraining FAAC from deducting loans.
The Deputy Governor, however explained that, the federal government moratorium did not affect other financial obligations, such as bond which deductions brought the net inflow of the state to about N1.1 billion even without the payment of salaries and overhead.
He said the state was in a dire financial difficulty, noting that, the state government would continue to interface with organised labour to proffer solutions to the problem of salary payment.
For the month of February, the Deputy Governor declared a gross of N6.3 billion comprising statutory allocation of N1.6 billion, derivation N3.7 billion, VAT N594m, exchange differentials N77.6 million.
Out of this amount, he said a total of N3.04 billion was deducted at source made up of bond deductions of N1.2 billion, federal government restructured loan of N741 million, three sets of deductions for overpayment of about N749 million, commercial agriculture loan scheme one and two of N162 million and repayment of Ekanga oil field N131million.
According to him, the total funds available for the month was N3.8 billion, which comprises net inflow to N2.9 billion and IGR for January N397 million.
On outflows, Rear Admiral Jonah said the state repaid a loan of N2.8 billion it obtained from banks to augment salary payment last year.
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Monarch Lauds Fubara Over Speedy Execution Of Projects In Rivers
A traditional ruler in Rivers State, His Royal Highness, Epelle D. E. Asukokpong has commended the Rivers State Governor, Sir Siminalayi Fubara, for ensuring speedy execution of ongoing projects across the state.
Asuk-okpong, who is the Paramount Ruler of Egwe-Asukokpong in Asarama District, in Andoni Local Government Area lauded the Governor during his inspection tour with his Cabinet on a section of Andoni road linking Oyorokoto fishing community in the area, yesterday.
The Paramount Ruler who expressed satisfaction with the pace of work on the road, commended the Governor for the seriousness he attached to the project.
According to him, “there is a serious motivation on the part of the company handling project.
“With what am seeing today I can say that the Company has redoubled its effort by 50 percent after the Governor’s inspection of the Road on October 28, 2025.
“I thank God for His intervention in the political impasse that was trying to slow down the pace of development in the State.”
The Traditional Ruler, who doubles as PRO of Asarama Divisional Council of Traditional Rulers and Secretary Asarama Town Council of Traditional Rulers said traditional rulers in his domain would continue to support the efforts of Government at all levels to ensure security and development in the area.
He also appealed to the State Government to intervene in the abandoned Asarama, Engendem, Unyeada Ring Road in the area.
It would be recalled that the Rivers State Governor, Sir Siminalayi Fubara, on October 28, 2025, visited the Andoni Atlantic Ocean shoreline to inspect the 13-kilometre road project currently under construction.
The road, when completed, will provide direct access to the beach and link Oyorokoto — a fishing settlement in — to Ngo, the headquarters of Andoni Local Government Area which has since been linked to mainland Ogoni by the Governor.
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