Friday, 23 March 2012

Nigeria: New Bayelsa governor finds suspicious payments left by his predecessors

Sources have disclosed that Bayelsa State's recently elected Governor Nelson Seriake Dickson is facing problems meeting some of the commitments made by his predecessors Timipre Sylva and the erstwhile Acting Governor Nestor Binabo. The latter took over as Acting Governor for 14 days after a Supreme Court's ruling threw Sylva out of office.

Some of the arrangements entered into by his predecessors on behalf of the State include one suspicious arrangement whereby the Bayelsa State Government has to pay about N300 million (US$1.9 million) a month to an unnamed recipient.

It has also been revealed that in his two weeks in office, Binabo hurriedly granted a rather suspicious N3.2 billion (US$20.29 million) contract. Seriake's headache is now to find a way out of these arrangements, which have some legal weight to them,without incurring any further losses to Bayelsa State.

For more news and expert analysis about Nigeria, please see Nigeria Focus and Nigeria Politics & Security.

© 2012 Menas Associates

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