Bayelsa Assembly receives N295bn budget for 2018

Gov. Seriake Dickson of Bayelsa on Friday presented an appropriation bill of over N295 billion to the state House of Assembly for deliberation and approval for the 2018 fiscal year.

Presenting the budget on the floor of the House in Yenagoa, Dickson said the estimates comprised a capital expenditure of about N146.9 billion.

The Appropriation Bill is christened “Finishing Strong on Development, Stability and Prosperity Volume One”.

The governor said the budget would focus on consolidation and completion of ongoing capital projects, particularly the three senatorial roads and the state airport.

Dickson, who described the outgoing year as ground breaking and challenging, expressed the hope that there would be increased revenue as evidenced in the rise in federal allocation in the last two quarters of the…