Dickson Signs 2012 Budget Estimates into Law

18 May 2012

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Bayelsa State Governor, Hon. Seriake Dickson

Bayelsa State Governor, Hon. Seriake Dickson, has signed the 2012 budget estimate into law.

Dickson had presented a revised budget estimate of N217.58 billion to the State House of Assembly for consideration on April 23 but the actual amount approved was N238, 157, 520, 114 billion.

Assenting to the bill tagged “Budget of Restoration”, Dickson said the signing of the budget estimate signalled the commencement of the restoration agenda of the present administration.

He noted that with the signing of the bill into law, the state would witness unprecedented infrastructural development as his administration would begin massive construction of critical projects that would impact positively on the lives of Bayelsans.

According to him, construction firms like Julius Berger and others that had left the state for various reasons, are now back to resume work.

The journey to restoration, he declared, had started, pointing out that for the past three months, the restoration team had been developing and setting standards upon which the state would be built.

Dickson also stated that government had been saving funds in preparation to tackling the development challenges of the state and in the next two weeks, the programmes and policies that were being devised would be unfolded.

He called on the state Assembly to exercise its oversight functions, adding however that such exercise of their over-sight functions should not impede the pace of development but rather it should fast-track it.

The governor urged the Assembly to complement government’s efforts and promised that his administration will not betray the confidence reposed in it.

Presenting the 2012 budget estimate to Dickson, Speaker of the state House of Assembly, Mr. Konbowei Benson, said the Bill was passed into Law Thursday to enable government accelerate the pace of development.

Benson explained that the original figure of the budget estimate of N217.58 billion was increased to N238 billion as a result of some adjustments in certain areas.

While expressing the Assembly’s readiness to monitor the implementation of the budget, the Speaker said the Assembly would work collaboratively with the executive arm of government as partners in progress.

Tags: Politics, Nigeria, Featured, Dickson, Budget

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