Financial Transparency: Bayelsa Launches Website, Explains Expenditure Of N95bn From FAACBayelsa State Governor, Hon. Giving the breakdown during the launch of the Bayelsa Transparency website, known as “Bayelsa Watch” in Yenagoa, he explained that, the deductions for bonds and excess crude overpayments made to previous administrations, amounted to N26.92 billion. We produce the bulk of the resources, but when you look at the list, Bayelsa is probably number 5 or 6. That is what we have been doing here by law for the past four years and still counting. The State Commissioner for Information and Orientation, Mr. Jonathan Obuebite, in ha speech at the occasion, expressed hope that, the establishment of the Transparency Watch would reduce the speculations about the government’s financial transactions.