Bayelsa will not access bail-out funds –Dickson
Bayelsa government says it will not draw its share of the N222
billion approved by the Central Bank of Nigeria for states to clear
outstanding workers salaries.
The Bayelsa government, in a
statement signed by Mr Daniel Iworiso-Markson, Chief Press Secretary to
Bayelsa Governor, said Gov. Dickson was not ready to enslave future
generation of Bayelsa people to a debt burden.
I am not like
others who will go and take facilities and loans and do not care what
happens to the people; that is why we have not signed on the bailout
funds because I am not satisfied that we will not be mortgaging the
future of our people.
Dickson further stressed that the economic
situation had compelled government to commit all the available funds to
salary payment.
The governor called for understanding and
patience from the people, stressing that his administration was only
averse to mortgaging the future and was not prepared to commit the
people to unnecessary credit facilities.
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