Finance

The Bayelsa State Government on Saturday threatened to drag the Federal Government to court if it refuses to deduct the 13 percent derivation component of the $1 billion Excess Crude Account (ECA) it plans to withdraw to tackle insecurity in the country.

Bayelsa State Government on Wednesday declared its intention to sustain the ongoing reforms in the public sector despite what it described as pockets of opposition by some unpatriotic individuals and groups.

Bayelsa Government says, it would pursue its ongoing public service re-organisation process to a logical conclusion before the termination of the present administration for the overall interest of the state.

The Bayelsa State Government on Wednesday announced that, it posted the sum of N7.8billion as balance of funds available as at the end of January, this year.