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N187BN BAYELSA 2010 BUDGET SIGNED INTO LAW

By NBF NEWS
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Governor Timipre Slyva of Bayelsa State on Wednesday signed the state's 2010 Appropriation Bill of N187bn and the Electricity Board (Repeal) Bill of 2009 into law.

Sylva, while assenting to the bills in Yenagoa, said the exercise was a yearly ritual crucial to the smooth running and functioning of the government.

'We are mindful of our administration's policies and we will implement the budget as passed by the state legislature,' he said.

The governor also called on the people of Bayelsa not to allow the enemies of the state to cause distraction.

'We should not allow them to distract the state from further development. I will ensure peace and security of lives and properties in the state,' he said.

Sylva commended the state House of Aassembly 'for painstakingly looking into the budget proposal.'

He assured the people that the government would ensure full implementation of the budget as passed by the legislature for the benefit of the people.

Sylva lauded the cordial relationship between the lawmakers and the executive arm of the government.

The governor described the state legislature as the regulatory organ and called for peace and unity among them.

The Speaker of the State House of Assembly, Mr. Weriinipre Sebaruigu, called for speedy implementation of the 2010 appropriation and the 2009 Electricity Board bills.

The speaker said the legislators would partner with the governor to ensure transparency and prudent management of funds.

According to him, the bills will enhance even development and attract investors for rapid transformation of the state.

The News Agency of Nigeria recalls that Sylva had presented N178bn as the state's budget for 2010 to the assembly, with the legislature increasing it to N187bn.