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Empowering Nigerians with transparent, accessible budget data for all 36 states and the FCT. Data sourced strictly from official state budget documents, open treasury, and OAGF.

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Bayelsa State State
All States
South-SouthCap: Yenagoa

Bayelsa State .

Governor Douye Diri
Pop. ~2.3M
PortalWebsite
Total 2024 Budget
₦345,000,000,000

Bayelsa State, carved out of Rivers State in 1996, is one of the smallest states but one of the richest in oil resources. Yenagoa is the capital and the state is crisscrossed by numerous rivers and creeks. Despite its oil wealth, the state faces challenges of flooding and environmental degradation from oil activities.

Metrics Overview

Capital Exp.
₦180,000,000,000
52% of total
Recurrent Exp.
₦165,000,000,000
48% of total
Total Revenue
₦345,000,000,000
Estimated income
Fiscal Balance
Balanced
Matched

Breakdowns

Infrastructure
₦88.0B25.5%
Education
₦78.0B22.6%
Health
₦62.0B18.0%
Agriculture
₦32.0B9.3%
Security
₦15.0B4.3%

Budget Insights

Key observations from Bayelsa State State's 2024 budget

Overview

Bayelsa State State's total budget for 2024 is ₦345.00 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is infrastructure, receiving ₦88.00 Billion. This accounts for 25.5% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦238.00 Billion. This represents 69.0% of the total expected revenue.

Glossary

Common budget terms explained

IGR

Internally Generated Revenue. Money collected by the state internally (taxes, fines).

FAAC

Federation Account Allocation Committee. Funds distributed from the federal government.

Capital Exp.

Money spent on long-term physical assets like roads, schools, and hospitals.

Recurrent Exp.

Money spent on day-to-day operations like salaries and overhead costs.

Deficit

When a state plans to spend more money than it expects to collect in revenue.