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Bayelsa approves N2bn counterpart funds for SUBEB, SDG

Bayelsa approves N2bn counterpart funds for SUBEB, SDG

The Bayelsa Government says it has approved the release of N2billion counterpart funds to the State Universal Basic Education Board (SUBEB) and Sustainable Development Goals (SDGs).

The News Agency of Nigeria (NAN) reports that the approval was given by State Executive Council at its 77th meeting at the government house in Yenagoa.

Mr Jonathan Obuebite, the state’s Commissioner for Information, said shortly after the meeting that the release of the funds was in line with the government’s commitment to improving the standard of education and empowering youths in the area.

“’SUBEB and SDGs will each get N1billion,” he said.

Obuebite further said the approved sum as resolved in the executive council would take care of the state’s share of the counterpart funds and other developmental projects.

“With the approval of N1billion, most of the on-going projects, especially at the primary education sector are expected to be completed.

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“Also with the sole aim of beautifying the Ox-bow Lake, Council also looked into the dredging activities at the Ox-bow Lake and has called on all owners of dredgers within that vicinity to immediately move out.

NAN

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