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    MarketForces Africa » MarketForces News » Diri Presents N689.4bn 2025 Budget to Bayelsa Assembly

    Diri Presents N689.4bn 2025 Budget to Bayelsa Assembly

    Julius AlagbeBy Julius AlagbeOctober 31, 2024Updated:October 13, 2025 News No Comments2 Mins Read
    Diri Presents N689.4bn 2025 Budget to Bayelsa Assembly
    Bayelsa State Governor, Douye Diri
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    Diri Presents N689.4bn 2025 Budget to Bayelsa Assembly

    Gov. Douye Diri of Bayelsa on Thursday presented a total budget of N689.4 billion christened, Budget of Assured Prosperity, for the 2025 fiscal year.

    Diri, who made the presentation at the plenary of the assembly, said that implementation of the 2025 budget would require some level of efficiency and synergy in government activities across ministries, departments and agencies.

    Giving the expenditure breakdown in some of the sectors, Diri said the sum of N178.7 billion was budgeted for Works and Infrastructure; Education, N47.1 billion and Sports N37.8 billion.

    Others are Urban and Housing Development N13.6 billion, Energy and Power N14.4 billion, Agriculture N16.6 billion, Security N19 billion, Health N19.1 billion and Community Development N10.2 billion.

    The governor said the overall outcome of the 2025 budget would significantly depend on the level of fiscal and recurrent policy coordination.

    He added that it was the desire of the government to pursue a robust development as enunciated in the “Assured budget.”

    He said: “We have consciously crafted this 2025 budget in such a manner that we are mobilizing funds for human and capital infrastructural development initiatives.

    “Covering the seven core areas of the Assured Agenda, which are Agricultural rural revolution and blue economy; sports and youths development; security and peace; urban renewal and rural development.

    “Robust health care delivery; energy generation; economic growth and tourism; diversified education towards innovation and technology; by ensuring that our recurrent expenditure is kept within limits,” he said.

    Highlighting some of the projects executed under the 2024 budget of N489.4 billion and a supplementary budget of N270.8 billion, Diri said work was ongoing on the three senatorial roads, annd internal road in Yenagoa.

    He said the government was building technical colleges in all local government areas, grants to tertiary institutions, economic welfare and wage award for civil servants and training of youths in agriculture for food security.#Diri Presents N689.4bn 2025 Budget to Bayelsa Assembly#


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    Bayelsa state Douye Diri
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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