The governor of Bayelsa state, Seriake Dickson yesterday revealed that he inherited N4,451 in February 2012 from his predecessor, Timipre Sylva. Dickson made this disclosure while presenting his administration’s financial scorecard for December 2012 in Abuja and gave a graphic account of how his administration grew the paltry N4,451 to over N16 billion. He further stated that the N50 billion Bond his embattled predecessor secured was also posing a challenge to his administration, lamenting that the figure would hit N104 billion in 2017. He said his state’s Internally Generated Revenue (IGR) would hit the N2 billion monthly mark by the end of the year, up from about N300 million when he assumed office. Meanwhile, in a swift reaction to the claim, Timipre Sylva stated that the governor was not in a position to know how much he left in the state’s coffers because Dickson did not take over from him. Speaking through his spokesman, Dofie Ola, Sylva said after the Supreme Court judgment, he handed over to the former Speaker of the State House of Assembly, Mr. Nestor Binabo and thus, the question should go to him.
Bayelsa State Purse: I Inherited N4,451 From my Predecessor – Seriake Dickson
- Published: 135 days ago on January 8, 2013
- By: onnaedo.okafor
- Last Modified: January 8, 2013 @ 8:04 am
- Filed Under: Headlines, Nigerian News
- Tagged With: Bayelsa State Purse, Dofie Ola, Mr. Nestor Binabo, Seriake Dickson, Timipre Sylva