9 January 2013

Nigeria: N4,451 in State Purse Allegation - Dickson's Claim Face-Saving Pranks - Sylva

Yenagoa — Former Bayelsa State Governor, Chief Timipre Sylva, yesterday, described Governor Seriake Dickson's administration claim that it inherited from him (Sylva) a state treasury with N4,451 as face saving pranks.

Sylva in a statement by his Media Adviser, Doifie Ola, said he ran the most prudent and transparent government Bayelsa has ever witnessed since the Fourth Republic.

He added that in spite of the enormous challenges he (Sylva) faced when he took over from Dr. Goodluck Jonathan, the state's debt profile was not anywhere near what the Dickson administration wants the world to believe.

The statement read: "It is interesting that one year after Sylva left office, Dickson is still obsessed with the ghost of the former governor.

"Sylva never contested elections against Dickson. Sylva was illegally excluded from running for re-election by the forces that brought Dickson in office and foisted on Bayelsa the ignominy that Dickson and his gang have been frantically trying to whitewash with Sylva's name. But they have continued to fail and fail quite resoundingly. Bayelsans and Nigerians have since become wise to the gang's deception.

Bayelsa is mourning

"Bayelsa State has never had it so bad. Bayelsa is mourning the Dickson disaster.

"Everyday, all you hear is that some phoney amounts have been saved, but nothing is happening in terms of delivery of projects and good life to the people. Rather than concentrate on what leadership ought to be, Dickson and his gang are busying chasing Sylva's shadows, like the Biblical evil man who runs when no one is pursuing him. This clearly shows how confused he is.

On Bayelsa debt profile, bond

"As for the questions of Bayelsa State debt profile and bond, contrary to insinuations in the Dickson outburst, Sylva ran the most prudent and transparent government Bayelsa has seen since the Fourth Republic. In spite of the enormous challenges Sylva faced when he took over from Dr. Goodluck Jonathan, the state's debt profile was not anywhere near what Dickson and his gang want the world to believe throughout Sylva's stay in office.

"By our records, we would have concluded payment of all our outstanding debts, except the bond, by February 2012.

"The N50 billion Bond that the Bayelsa State Government under Sylva took was on an even key as at the time Sylva left office. It was a project-specific loan; all money was paid directly to the contractors. No money came to the Sylva government. And the projects for which the loans were taken were almost completed at the time he left office.

"The Sylva government had no chance of mismanaging the bond. The question of rising interest rates on the bond does not arise so long it is being serviced according to terms.

"Besides, the state government's commitment under the bond was to end by 2013. We do not know the kind of arrangements Dickson and his gang made that extended the commitment to 2017, as they claimed on Monday.

"Moreover, when we left office in January 2012, the state's monthly allocation from the Federation Account had not come. Sylva did not handover to Dickson. We are aware that Dickson has taken several loans and signed questionable Irrevocable Standing Payment Orders, while at the same time claiming to be saving money for Bayelsa State."

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