Governor Seriake Dickson of Bayelsa State has been exposed. Senator Heineken Lokpobiri, Minister of State for Agriculture and Rural Development revealed that…
“Bayelsa State is indebted to the tune of N800 billion (domestic) and $216 million (external). Dickson has borrowed a whooping N222 billion (domestic) and $28 million (external) in 2012 alone.”
“I am going to publicly disclose all the amounts the governor has been borrowing every year from 2012 till date. It is all tissue of lies, the figure of N123 billion being bandied by the governor as the amount the state government is presently owing and I urge His Excellency to refrain from peddling falsehood about the financial status of Bayelsa State.”
“The actual loan profile of Bayelsa State can readily be gleaned from the Debt Management Office (DMO), the official federal government outfit, which domiciles all the loans for all the levels of government in the country, which is open for the public to access on the website of DMO.”
“As usual the reason why Bayelsa State ranks very high as one of the most insecure states in the country is because of the pervading corruption and wastes that has become the hallmark of the Dickson administration.”
“Had the governor deployed the loans and the other financial accruals to the state to positive, wealth-creation and developmental projects, the social problems bedevilling the state today would have been minimally addressed and the issue of insecurity would also have been nearly non-existent.”