The Bayelsa State Governor, Douye Diri, on Thursday signed the state’s 2022 budget of N314.465 billion into law.
The governor presented the 2022 appropriation bill of N310.717 billion to the state House of Assembly on October 20.
The Assembly passed the budget earlier on Thursday, raising the appropriation bill by N3.7 billion.
Diri, who signed the budget at the Government House in Yenagoa, thanked the Assembly for the speedy passage of the document.
He said his administration was working towards reducing the state’s dependence on federal allocations by improving its Internally Generated Revenue (IGR).
Diri charged the revenue-generating agencies to increase the state’s IGR from N1 billion to N1.5 billion monthly.
