The Bayelsa government says it is committed to working towards providing infrastructure to attract local and foreign investors to advance development of the state.
Commissioner for Information, Orientation and Strategy, Mrs. Ebiuwou Koku-Obiyai stated this in Yenagoa at the monthly Income and Expenditure Profile Briefing of the State for the months of August and September 2025.
The state government said the closing balance in the state’s treasury stood at N106.50 billion as of the end of September.
The Commissioner for Information, Orientation and Strategy while reiterating the commitment of the state government to upholding the principles of transparency and accountability said the Gov. Douye Diri led administration would complete all ongoing projects being undertaken.
Mrs. Ebiuwou Koku-Obiyai said efforts were being intensified to create employment for the people, provide stable power supply and reach out to investors to build an industrial base in the State and boost the local economy.
Mr. Timipre Seipulo, Technical Adviser to the Governor on Treasury and Accounts. while giving the income and expenditure profile of the State said the closing balance in the coffers of Bayelsa for August 2025 stood at N150.5 billion while that of September 2025 was N106.5 billion after capital and recurrent expenditure.
He explained that the high liquidity of the state was being applied to service expenditures, especially ongoing capital projects to see to their timely completion.
Seipulo said while capital expenditure for August gulped N77.5 billion, recurrent payment took N5.3 totaling N82.9 billion while payment for capital projects for September stood at N104.6 billion as recurrent was N5.5 billion amounting to N110.2 billion.
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