The Bayelsa State Governor, Mr. Douye Diri, on Thursday, presented a budget proposal of N290.295bn for the 2021 fiscal year to the state Assembly for consideration and passage.
Diri, who tagged the proposal: ‘Budget of growth’, lamented that the outgoing year had been challenging as a result of the COVID-19 pandemic and the devastating impact of the flood.
He, however, expressed optimism that 2021 would be one of progress and prosperity for the state.
Giving a breakdown of allocations, Diri said N34bn was earmarked for works and infrastructure, while education had an allocation of N24.9bn; health, N5bn; agriculture, N11.3bn; trade and investment, N500m; and environment, N3.3bn.
The governor also said N66.646bn was earmarked for personnel cost, while capital expenditure would take N80.017bn and overhead costs, N66.185bn.
Diri said, “Mr Speaker, this budget defines our focus and steps in the imminent financial year and our ambition to diversify the economy, prioritize education, empower our youths to embrace agriculture, industrialize our state and create jobs that will bring prosperity to all.”
The Speaker of the House of Assembly, Mr Abraham Ingobere, in his remarks, noted that the budget was achievable and commended the governor’s desire to bring prosperity to Bayelsans.
He promised that the legislature would work with the executive to make life better for the people of the state.