Bayelsa laments dwindling allocation amid rising oil prices



The Bayelsa State government has expressed worry over dwindling revenue allocations to the state from the Federation Accounts amid rising oil prices at the international market.


Deputy Governor Lawrence Ewhrudjakpo stated this while receiving a report at his office in Yenagoa from the 12-member committee set up last week by the government to look into claims made by former councillors concerning unpaid allowances.


In a statement yesterday by his Senior Special Assistant on Media, DoubaraAtasi, the deputy governor also lamented the worsening inflation rate in the country that had escalated the cost of living.


Ewhrudjakpo, who queried the parameters being used by the Federal Government to determine allocations, maintained that revenues accruing to local councils and the state had been on the decline in the face of increasing oil prices.


He noted that the downward trend was making it difficult for both tiers of government to carry out some of their obligations.


The deputy governor commended the chairperson and members of the committee for carrying out their assignment within the stipulated timeframe.

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