… happy with implementation of 2021 budget
His Excellency, Senator Douye Diri, Governor of Bayelsa State has presented the 2022 budget estimates of N310, 717,608,353.00 Billion Naira to the State House of Assembly for consideration.
The 2022 budget is tagged,” Budget of Sustainable Growth.”
The State Ministry of Works and Infrastructure was allocated the highest figure of N51 billion naira for capital project followed by Ministry of Agriculture and Natural Resources which had N12 billion naira. N4billion is the proposed figure for Education.
Because of drop in allocation, the revenue projection is slightly lower than the 2021 Budget by N19 billion indicating a reduction of about 3.54%.
The Governor who was accompanied to the presentation by the Deputy Governor, Senator Lawrence Ewhrudjakpo, also said the 2021 budget had a great performance and that many projects and achievements were recorded in various sectors including education, roads, and agriculture.
“The projects include:
• Construction of Unity Bridge in Nembe
• Construction of Elebele Bridge in Ogbia
• Dualization and Re-designing of the Tombia Round-about
• Construction of the Sagbama/Ekeremor Road.
• Construction of Yenagoa – Oporoma Road.
• Construction of AIT – Igbogene Outer Ring Road.
• Construction of Igbedi Road
• Construction of Glory Drive – just to mention a few
“Mr. Speaker, our Prosperity Government is also formulating a 30-year long-term development plan for the State, may I now proceed with a summary of the 2022 Appropriation Bill tagged “BUDGET OF SUSTAINABLE GROWTH”.
“In concluding, Mr. Speaker, I will not stop thanking God for His infinite mercies and the good people of Bayelsa State for their continuous support, patience, sacrifices and the goodwill they have extended to our Government. We are determined to continue to build confidence in our people by being proactive in the formulation and implementation of our policies.”
Bayelsa’s 60-metric tonnes cassava starch factory comes on stream soon
A 60- metric tonnes cassava processing plant
built by the Bayelsa State government will come on stream soon.
The factory well built with modern starch processing equipment was inherited by the Prosperity Administration from the administration of the immediate past Governor, Senator Seriake Dickson at Ebedebiri community in Sagbama Local Government Area of Bayelsa State.
The Project Management Consultant for the facility, Mr. Adebowale Ayoade, described it as the biggest industrial starch plant in Nigeria and the second largest in sub-Sahara Africa with capacity to generate thousands of jobs along the production value-chain.
Governor Douye Diri not too long ago had personally visited the site to inspect the level of readiness of the plant to commence production.
The Governor who urged the people of the State to engage in massive cassava farming to meet the plant’s capacity said he was excited at the huge economic potential of the plant.
“This is an indication that our people have to go back to the farms as what we are producing now would not be enough for the factory. So, I call on all Bayelsans to be very serious with cassava farming and production.
“All the necessary tools and machines are here. We are talking about commercial farming so you can make money.”
Commissioner for Agriculture and Natural Resources, Mr. David Alagoa, said about 400 people would be engaged directly by the plant to run different production shifts.
Different organisations are beginning to show interest in the starch factory and the latest being the Presidential Amnesty Programme (PAP), requesting the facility to train about 1000 beneficiaries in cassava processing.
Interim Administrator, Presidential Amnesty Programme, Col. Milland Dikio (rtd), whose representative visited the plant recently said the Factory had been approved to train and employ PAP delegates on cassava farming and starch processing.
Dikio’s representative, Special Assistant on Projects, Godwin Ekpo, during the inspection said about 1000 PAP delegates would be trained in the cassava value chain and employed as out-growers of cassava stems.
This, he said was in line with PAP’s Train-Employ and Mentor (TEM) empowerment strategy.
He said the decision to send ex-agitators to the facility also aligned with the food security focus of PAP’s programme, adding that delegates would learn cassava cultivation, production, processing, equipment maintenance, and other businesses involved in the cassava value chain.
The PAP boss said, “This is a 60 metric tons of cassava processing plant. It has a huge capacity and it is part of the facility that we will use for our “Train, Employ and Mentor empowerment strategy.
“Even if everybody in this community plants cassava, it has the capacity to absorb all of it. We can see the entire value chain. This is a facility that will help many of our delegates and give them employment. It is an incredible facility located in the region. It will help them and also achieve our vision of turning these ex-agitators into entrepreneurs.”
He said that the delegates would receive theoretical and practical training on cassava cultivation and management.
NUPRC SOLICITS IPPG’S SUPPORT FOR IMPLEMENTATION OF PIA
The pioneer Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, has solicited the support of the Independent Petroleum Producers Group (IPPG) for the smooth implementation of the Petroleum Industry Act (PIA) adding that the indigenous exploration and production companies are a critical component of the Government’s energy security plan for the nation. Komolafe made the call during the stakeholders meeting with IPPG at the Lagos office of NUPRC.
‘’We will be a fair and just regulator conducting our affairs in a transparent manner and serving as a business enabler”, Komolafe stated while emphasizing the importance of compliance with regulation by industry players. The NUPRC helmsman promised to work closely with all industry stakeholders.
Komolafe said that the industry was at a critical phase with the ongoing reforms and global energy transition drive making it imperative that the NURPC and IPPG should collaborate to ensure the industry is well positioned to seize opportunities and minimize any adverse impact on the industry and ultimately the country.
‘’NUPRC is ready to work with IPPG in addressing challenges impeding your growth and the development of the sector,’’ Komolafe said.
The IPPG delegation led by its Chairman, Mr. Abdulrazaq Isa, thanked the Commission Chief Executive for the invitation and congratulated him on the recent appointment. He also pledged the support of IPPG in realising the Commission’s mandate of growing and developing the Nigerian oil and gas industry.
The IPPG Chairman in his presentation focused on the evolving industry landscape, ongoing industry reforms, IOC divestment, and the role indigenous exploration and production companies can play in this new era in guaranteeing the nation’s energy security.
“Nigeria cannot afford to be left behind in view of the global energy transition agenda. Natural Gas should be considered as a transition fuel with deliberate policies formulated to attract investment into the sector,’’ Isa said.
While noting the PIA enactment will set a solid growth foundation for the entire industry, the IPPG Chairman said it was imperative that effective regulations are formulated to derive the full benefits of the Act.
According to Isa, ‘’industry-wide consultation in the enactment of regulations is required to promote inclusivity and ensure robustness of regulations’’.
The IPPG Chairman also identified key challenges being faced by the industry in the areas of security, funding, high operating costs, lengthy contract cycle, amongst others.
’’We look forward to collaborating with the NUPRC in finding long lasting and sustainable solutions to these challenges,’’ Isa concluded.
Other IPPG members on the delegation included; Ademola Adeyemi-Bero, FIRST E & P; Adenrele Afolabi, Dansaki Petroleum; Ladi Bada, Shoreline Natural Resources; Chidi Egonu, Energia; Mustafa Indimi, Oriental Energy; Chike Nwosu, Waltersmith; Victor Okolo, Eroton; Wale Olafisan, AMNI, Victor Sodje, Newcross E & P; Dada Thomas, Frontier Oil and Charles Odita, Director, Midwestern Oil & Gas and member of the IPPG Board of Trustees.
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