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Bayelsa State Budget 2024

South South Zone • Capital: Yenagoa • “Budget of Greater Bayelsa”

₦420,000 Total Budget
₦28,000 IGR
₦240,000 Capex
2026 Budget 2024 Budget
Total Budget
₦420,000
₦420,000 (full naira)
Capital Expenditure
₦240,000
57.1% of total
Recurrent Expenditure
₦180,000
42.9% of total
IGR
₦28,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦350,000
83.3% of total
Budget Deficit
₦42,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
57.1% Capex
42.9% Recex
₦240,000 Capital (57.1%)
₦180,000 Recurrent (42.9%)
Sector Allocation Breakdown
🏫
Education
₦68,000  16.2% of budget
🏗
Infrastructure
₦115,000  27.4% of budget
Health
₦48,000  11.4% of budget
🛡
Security
₦22,000  5.2% of budget
🌿
Agriculture
₦18,000  4.3% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦1.02T ₦450.0B ₦650.0B Douye Diri
2024 ₦420,000 ₦28,000 ₦240,000 Douye Diri