The Prosperity Government of Bayelsa State, has disclosed that her Internally Generated Revenue increased to 5.6 billion naira in March, 2025 stating that it was made possible through individuals and companies taxes and through the increase of workers salaries.
This was as he disclosed that the state was currently implementing the new minimum wage for civil servants in the state and the implementation of 25% and 35% salary increment for tertiary institutions in the state.
Speaking at the weekend in Yenagoa during a transparency briefing for the months of March and April, 2025, Timipre Seipulo, Special Adviser to the Bayelsa State Governor on Treasury/Revenue and Accounts, also revealed that Bayelsa State Government has also spent over N160 billion naira between March and April, 2025, for various ongoing capital projects across the state.
Seipulo explained that the state government spent over N99.96 billion naira for capital infrastructure in March and N61.32 billion for the same purpose in April, 2025.
He listed some of ongoing projects currently being financed to include, "Yenagoa Phase 2, Phase Roads, Power Plant, Dualization of Isampou Road and shore protection, Gloryaland Drive Phase 3(Three) , Stadium Land Reclamation, Amatolo/Bolo-Orua Roads, Agbura Roundabout/Ox-bow Lake Road, Nembe-Brass Road among others.
Seipulo also read that while the salary of the state civil servants for the month of March amounted to 6.1 billion Naira that of April, was 6.5 billion Naira with 266 million Naira used for salary arrears on minimum wage for last year.
Gratuities stood at 363 million Naira, pension arrears was 193 million Naira as that of political appointees was 1.7 billion Naira for April, 2025.
" IGR for the month of March is 5.46 billion naira. The IGR component has been going up. When we started, we were reporting IGR of 1.5 Billion naira but now, we are at 5 billion naira plus and the major conponets are the personal income taxes from private individuals and companies in the state.
"Also an increase in salaries, all that have supported out increase in IGR.
As at today, minimum wage has been paid and 25/35 percents salary areas for tertiary institutions have fully been implemented in the state." Seipulo explained.
Speaking earlier, Commissioner for Information and Orientation, Mrs Ebiuwon Koku-Obiyai, had said that Governor Douye Diri's administration was always willing to tell Bayelsans how their monies are being spent assuring that the Prosperity Government was eager and willing to do more.
Soliciting for support and encouragement from the people of the state, she said that Transparency briefing was a norm that has been kept for over a decade.
She said:" As a government, we will continue to do this because we believe that Bayelsans have given us the responsibility and we have to be transparent in doing that.
"I want to also state that the resources are competently utilized. We saw the number of projects that were commissioned and the number of ground breaking ceremonies that were done.furing our year anniversary.
"And this Prosperity Government is open to do more with your support and as members of the Press, you are the ones propagating all that we do and we want to say that we appreciate all your efforts.
"Continue to understand that the government is eager and willing to transform Bayelsa and that is what we want everyone to understand." She concluded.
Others in attendance at the briefing were the State's Accountant General, Tokoni Ifidi, the Permanent Secretary, Ministry of Information, Mr. Ifiemeya Borisei and the Director, Bayelsa New Media, Dr. Kolawole Oredipe.
As at March ending 2025, the FAAC and other receipts for the state came to N106, 880, 74,630. 60 while closing balance as at March ending stood at N138, 120, 566, 459 and the month of April, 2025 was closed with N174, 486,431, 638k.
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