Bayelsa Restructures Financial Management Strategies | Independent Newspapers Limited
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Bayelsa Restructures Financial Management Strategies

Posted: Jul 21, 2015 at 8:00 am   /   by   /   comments (0)

By Igoniko Oduma  –  Yenagoa


Bayelsa State Governor, Seriake Dickson, has said that the state government would adopt more prudent measures to enable it meet its salary and contractual obligations to workers and contractors.

Dickson said this during a live radio interview at Government House, Yenagoa, according to a press release by his Chief Press Secretary, Daniel Iworiso-Markson.

He said the government was re-working its financial management strategies to cushion the adverse effects of the shortfalls in federal revenue allocations to the state occasioned by the dwindling oil prices at the international market.

He noted that but for his administration’s prudence, the state would not have been ranked among the few states that were not owing workers’ salaries.

He also gave the state government a clean bill of health on the payment of pensions to retirees, adding that “the only issue there is that of gratuity which has lingered for close to ten years that we are trying to solve.”

On the non-payment of local government council workers in the state for over five months by the chairmen, Dickson described the situation as unacceptable.

The governor stressed the need for the council chairmen to prioritise the payment of salaries in the wake of harsh economic realities resulting from financial meltdown.

He said the government was awaiting recommendations that would emanate from the state House of Assembly’s investigation into unpaid salaries at the councils.

Dickson said his administration would not interfere in the affairs of councils beyond the issuance of general guidelines to enable them deliver at the grassroots level.

“The House of Assembly is well within its powers to examine reasons that occasioned that undesirable situation. But, I don’t want to pre-judge the ongoing investigation by the Assembly.”