By Mrs. Ebiuwou Koku-Obiyai, revealed this during the Transparency Briefing for January and February in Yenagoa. She attributed the growth to fiscal discipline, economic expansion, and governance reforms under the Douye Diri-led administration.
The governor’s Technical Adviser on Treasury and Accounts, Mr. Timipre Seipulo, linked the revenue surge to an expanded tax base and the implementation of the new minimum wage, which has stimulated formal economic activities.
Providing financial details, Seipulo stated that the state’s balance stood at N178.9 billion at the end of January but declined to N158.5 billion in February, as funds were directed toward ongoing capital projects.
