Governor Dickson Presents N275.8 Billion 2019 Budget
Bayelsa State Governor, Seriake Dickson on Wednesday presented a budget of N275.8 billion for 2019 to the State House of Assembly. While making the presentation, Dickson said that the budget that would help in the completion of all ongoing projects as well as ensure payment of outstanding salary arrears of workers in the state.
The proposed 2019 budget is lower than the 2018 figure of N316 billion.
Giving the breakdown of the budget, tagged “Budget of Completion” the governor said it has N47.1 billion capital expenditure and N228.7 billion recurrent expenditure.
He said that the budget would be funded through Internal Generated Revenue (IGR), Value Added Tax (VAT) and federal allocation.
The Speaker, Mr Konbowei Benson, states the House commitment to proper scrutiny and speedy passage of the budget to help government fast track its developmental projects.