Bayelsa State Government says a total of
N12.6 billion was received as gross income for the month of July 2012 from the
Federation Accounts Allocation Committee (FAAC).
Speaking at the fifth Bayelsa State
Transparency Initiative Monthly Press Briefing in Yenagoa, Deputy Governor,
Retired Rear Admiral Gboribiogha John Jonah, who rendered the accounts of the
State on behalf of government explained that, out of the figure received for
the month of July, derivation accounted for N7.740 billion while the statutory
allocation was N2.390 billion.
According to retired Rear Admiral John
Jonah N1.18 billion was paid for Sure Programme while NNPC refund came up to
N311.6 million.
Also, the Deputy Governor announced, N6.91
billion as the total amount for Expenditure which included N3.89 billion as
salaries for civil servants and N215 million as salaries for Political
appointees.
Other deductions according to him were N227
million for gratuity payment to retiring civil servants for July 2012 while 169
million was paid as gratuity for retiring Primary School teachers.
Retired Rear Admiral John Jonah stated that
total amount of deductions made at source was N3.21 billion out of which N1.24 billion
was payment for bond and N187 million for refund on overpayment of revised 13%
Derivation indices from the month of August 2008 to December 2009.
Daniel Iworiso-Markson
Chief Press Secretary to the Governor
17/08/12
Chief Press Secretary to the Governor
17/08/12
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