Governor Seyi Makinde presented a proposed N678.086 billion budget to the Oyo State House of Assembly for approval.
Tagged “Budget of Economic Stabilisation,” it’s 35% higher than the 2024 budget.
Breakdown:
– Capital expenditure: N349.29 billion (50.59%)
– Recurrent expenditure: N325.57 billion (49.41%)
– Infrastructure: N152.265 billion (22.46%)
– Education: N145.257 billion (21.44%)
– Health: N59 billion (9%)
– Agriculture: N18 billion (3%)
Makinde pledged to prioritize citizens’ welfare, while Speaker Adebo Ogundoyin promised legislative commitment to transparency and accountability.
