Oyo State Governor, Engineer Seyi Makinde, on Wednesday, presented a N208 billion 2020 budget estimates to the State House of Assembly for approval.
Governor Makinde while addressing the Assembly with a 16-page speech noted that his administration plans to be bullish with infrastructure development in the State by embarking 23 percent of the budget for the sector.
A statement by the Chief Press Secretary to the Governor, Mr. Taiwo Adisa indicated that the 23.93 percent allotted to infrastructure is the highest in the state’s history.
The Statement also indicated that in line with his administration’s belief that education remained the fastest way to take the people out of poverty and its commitment to delivering free and qualitative education in the State, the government has allocated the second highest percentage of the 2020 Budget, 22.37 per cent, to the education sector.
Below are 9 Notable things to know about the budget
1. The capital expenditure of the State for the 2020 Budget was increased by 20 per cent compared to the 2019 Budget, with the capital expenditure estimate in the 2020 Budget proposal standing at N100,142,690,046 billion, representing 47.9 per cent of the budget.
2. The Governor said that the sum of N35.4 billion has been provided in the 2020 budget towards the completion of ongoing and proposed road projects in the three senatorial zones of the State.
3. The Governor maintained that the administration will see to the completion of the recently awarded Moniya-Ijaye-Iseyin road, which the contractor has agreed to complete in 12 months and other ongoing viable road projects in the State, adding that the government has concluded plans to collaborate with the Federal Government to rehabilitate the Oyo-Iseyin road.
4. He also announced the restructuring of the Oyo State Road Maintenance Agency (OYSROMA) and the directive to establish zonal offices in Oyo, Ogbomoso, Saki and Ibarapa to achieve an effective spread of its activities, adding that the ongoing Light Up Oyo State project through which Smart LED Street Lights were installed in Ibadan and solar lights in Oyo and Ogbomoso would be replicated across the major towns and cities in the State.
5.Governor Makinde further revealed that the 2020 Budget contained provisions for the procurement of new fire fighting vehicles, ambulances, water tankers and communication equipment for the security system. He added that in line with his Government’s four service point agenda, it has allocated 5.18 per cent and 4.43 per cent respectively to the Health and Agriculture sectors in the 2020 Budget proposal, noting that the Government remained committed to its determination to use agriculture to drive the State’s economy.
6. In the health sector, Governor Makinde stated that the major facelift and equipment provided to the Adeoyo State Hospital, Ring Road, Ibadan, to ensure quality healthcare delivery to the citizenry will be extended beyond the state capital, noting that General Hospitals in Eruwa, Tede and Iseyin would be renovated in the 2020 fiscal year.
7. He maintained that having noticed the lacuna in the area of personnel for the health sector, his Government has given approval for the recruitment of 500 medical and health workers for the State’s hospitals, College of Nursing and Midwifery as well as the College of Health Science and Technology.
8. The Governor noted that the administration has begun the implementation of policies that would transform farming activities, increase production and improve the quality of food crops, livestock export and industrial crops through the application of modern technology, noting that the ongoing effort to upgrade two of the nine Farm Settlements in Eruwa and Akufo into Farm Estates remained on track.
9. Governor Makinde announced the return of the Oyo State Agricultural Development Programme (OYSADEP) headquarters to Saki, promising that the administration will restructure the system and fully strengthen it for efficient and effective performance.
