Huge Wage Bill: Bayelsa Govt Won’t Downsize Workforce – Finance Commissioner *Declares Income, Expenditure For Two Months
Bayelsa State government has assured civil servants in the state that it had no plan to downsize the workforce in view of the huge wage bill it is grappling with.
Rather, it said it would seek alternative sources of revenue to shore up its finances.
The Commissioner for Finance, Mr. Maxwell Ebibai, gave the assurance on Thursday at the transparency briefing for the months of January and February 2021 in Yenagoa, the state capital.
Mr. Ebibai said the state government got N6.8 billion for February as net receipts from the Federation Account after first line deductions as against the huge wage bill and other recurrent expenditures of N7.358 billion.
He noted that the cost of running government had become highly challenging as the state was contending with dwindling federal revenu...