• Thursday, December 07, 2023
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Bayelsa moves to secure state for investors, residents


Bayelsa State government has paid N1.7 billion which represents 30 percent of a Safe City, Safe State security agreement aimed at making the state safer for residents and investors.

Governor Seriake Dickson who addressed the monthly transparency briefing at the Banquet Hall, Government House, Yenagoa, weekend said he wanted people coming into the state to be sure government has made adequate provision for their security.

Dickson explained that the security deal would ensure electronic surveillance of the capital, stressing that security was cardinal to the transformational agenda of his administration.

The governor stated that the contractor would complete the project before government would pay the remaining N3.4 billion which would represent 70 percent of the total project cost.

Dickson has the total financial balance of the state as N29.53 billion and that the state was not owing any contractor just as it was servicing debts inherited from previous administrations.

He also used the opportunity to announce that the internally generated revenue (IGR) profile of the state had risen to over N1.3 billion due to a combination of policy and sacrifices and understanding by civil servants.