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Bayelsa Confirms Receipt Of Arrears Of 13% Oil Derivation Refunds From FG

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THE Bayelsa State Government, ON Tuesday, November 22, confirmed that it had been receiving refunds of arrears of 13 per cent oil derivation proceeds from the Federal Government.

  It did not state how much had been received, but Tuesday’s confirmation followed Rivers Governor Nyesom Wike’s declaration and commendation of President Muhammadu Buhari for authorising the payment of the money that had been owed since 1999.

  Wike declared that Niger Delta states had been receiving the funds since 2019 and challenged governors in the region to account for the windfall.

  But reacting to claim and challenge to the governors, Governor Douye Diri admitted that Bayelsa State had been getting the funds and deploying same to capital projects, saying the state discounted the funds.

  In a statement issued by his Chief Press Secretary, Mr. Daniel Alabra,” Diri added: “For people who are talking about the 13 per cent derivation funds due to the state, I want to state that for one reason or the other, we were under-paid.

  “When we discovered that, we followed due process from the state’s executive council to the state’s House of Assembly. Approvals were given and the funds were discounted.

  “I do not play politics with this kind of thing; anybody who wants to see how we use our money, our monthly transparency briefing on our financial income and expenditure are available.   “One kilometre of road we build in Yenagoa is costlier than three kilometres or four kilometres of road built elsewhere.”

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