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Diri presents N480.9bn 2024 budget to Bayelsa Assembly

Diri presents N480.9bn 2024 budget to Bayelsa Assembly
Gov. Douye Diri of Bayelsa on Wednesday, presented the 2024 budget of N480.99 billion to the state House of Assembly for approval.
Presenting the budget christened: “Budget of Sustainable and Shared Prosperity,” Diri said that the figure was made up of N69.120billion recurrent expenditure, representing 14.37 per cent, N54.096billion overhead expenditure, representing 32.04 per cent and N257.777 billion capital expenditure.
“Mr Speaker, I wish to present the 2024 budget estimates to the House. We are guided by the desire to prepare a realistic, implementable and prioritised budget, which is a reflection of the aspirations and wishes of critical stakeholders, and the economic realities in the country.
“I hereby present to you the 2024 budget with a total size of ₦480,993,632,369.00,” he said.
He said the budget would be funded through statutory allocation, Value Added Tax, 13 per cent derivation, internally generated revenue and other capital receipts.
Giving a breakdown of the sectoral allocation, Diri stated that the Works and Infrastructure Ministry got the lion’s share of N141.837 billion followed by that of Education, which got N49.888 billion.
Also, the sum of N26.41 billion was earmarked for the Ministry of Health, Environment got N15.554 billion while Agriculture and Natural Resources was allotted N14.886 billion.
Youths and Sports Ministry got N7.656 billion, Lands and Housing N6.876 billion while the Ministry of Power was allotted N6.49 billion among other ministries.
Diri also reviewed the 2023 budget performance, which he said achieved considerable success and consistency in critical areas such as, security, education, health, agriculture, human capacity building, infrastructure development among others.
“We built and upgraded health facilities across all LGAs and health-related tertiary institutions, including completion and furnishing of the first psychiatric hospital in Bayelsa.
“Also, in partnership with Fly Zipline, we established a health chain distribution system to cater for drug distribution and emergency health matters using drones.
“The Health Insurance Scheme enrolment is also growing by the day. As at 2020, our mobilisation was limited to the public service. We went further in 2023 to launch the Diri Care programme, which boosted the enrolment of the informal sector.
“The total enrolment as at November 2023 is 149,067 with civil servant enrollees totalling 118,030, vulnerable population 27,803, and the informal sector 3,134,” he said.
Diri added: “We have in the past three years ensured that the Civil Service is given the necessary attention (including the prompt payment of salaries and regular promotions) for an effective workforce, and to enhance the economic and social development of the state because ours is predominantly a civil service state.
“In addition, this administration consistently ensured that the entitlement of our senior citizens (by way of pensions and gratuities) are paid promptly. Over N3.3billion was spent on gratuities and N10.8billion for pensions in 2023.
“Let me assure you that, even in the coming year, we will continue to meet our obligations to the senior citizens within the limits of available resources.”
In his remarks, Speaker of the House of Assembly, Abraham Ingobere commended the administration for its commitment to development of the state as well as maintaining a harmonious relationship with the three arms of government.
Ingobere applauded the governor for prudent management of the state’s resources in executing projects.
(NAN)
Headlines
Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.
The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.
One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”
Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.
Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.
A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”
Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.
The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.
The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.
Headlines
NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.
Headlines
Benue IDPs block highway, demand return to ancestral homes

Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.
The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.
The protest caused disruption, leaving hundreds of motorists and passengers stranded.
Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.
“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.
Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.
Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.
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