Bayelsa State Governor Senator Douye Diri has presented the 2021 budget estimate to the House of Assembly. It’s called the “Growth Budget.”
Introducing appropriation bill N290,295,465,423 on the assembly floor yesterday, Diri noted that the outgoing year 2020 has been challenging due to the impact of COVID-19 and the ravages of flooding, but expressed optimism that the 2021 would be a year of progress and prosperity for the state.
Giving a breakdown of part of the sectoral allocations, he said that N34billion was allocated to Works and Infrastructure, while Education was allocated N24.9billion, Health N5billion, Agriculture N11.3billion, Trade and Investment N500million and Environment N3.3billion.
He also said that personnel cost would swallow N66,646,082,751 while capital expenditures would take N80,017,254,683 and general costs
The governor assured that his administration will ensure at all times the transparent management of financial resources while ensuring that the 2021 budget gives the inhabitants of Bayelsa good reasons to face the future with confidence.
The state’s number one citizen vowed to ensure that all sectors of the state’s economy are positively affected, and said the mandate given to him and his team to serve will not be taken for granted.
He thanked the House of Assembly for their support and pledged to work closely with it in the interest of the state.
His words: ‘Mr. Speaker, this budget defines our focus and steps in the upcoming financial year and our ambition to diversify the economy, prioritize education, empower our youth to embrace agriculture, industrialize our state, and create jobs that will bring prosperity to all.
“My deepest congratulations to the good people of the state of Bayelsa for their resistance, tenacity, sacrifices, patience and collaboration that they have given the government, as we have made some difficult decisions to get the state out of some very inclement terrain.
“If I have learned anything since the beginning of this administration, it is that faith must be tested and that examination precedes promotion. We present this prosperity budget for 2021 with the conviction that God will grant us favor, understanding and supply everything we need to realize prosperity. “
Speaker of the House of Assembly, Rt. Hon. Abraham Ingobere, in his comments, noted that the budget was achievable and praised the governor’s desire to bring prosperity to the people of Bayelsa.
He acknowledged the challenges caused by COVID-19 but expressed hope that next year will be better.
He promised that the legislature would work with the executive to improve the lives of the people of the state.