‘Bayelsa not taking new loans’ ― Govt

Bayelsa State Governor, Henry Seriake Dickson

The Bayelsa State Government has said that it is not making any effort whatsoever to obtain new loans in the state.

The Commissioner for Information, Mr Daniel Iworiso-Markson, who stated this in a statement on Monday, also said that the government had not taken any major loan in over two and a half years.

Iworiso-Markson stated further that the government would not present any fresh budget to the House of Assembly for the year 2020.

He explained that the 2019 budget would run till the end of the administration on February 14, 2020.

The commissioner stressed that the ‘Restoration Government’ under the leadership of Seriake Dickson, had not also received any loan advance from any financial institution.

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According to him, Governor Dickson is reputed to have led a transparent and decent government in almost eight years and would not initiate any step that could impact adversely on any incoming administration.

He said that the governor gave a standing instruction that there should be no employment and major decision that could affect any incoming government in line with the high standards for which his administration is reputed.

The commissioner said that the government would present a full financial state of the state under the ‘Restoration Government’ which would be made available to the public.

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