Oyo State Governor, Engr Seyi Makinde, on Monday, presented the 2026 Appropriation Bill totaling N891,985,074,480.27 to the Oyo State House of Assembly for scrutiny and approval.
Presenting the budget, tagged: “Budget of Economic Expansion”, Makinde described the proposal as a strategic shift designed to position Oyo State for global market integration and sustained economic growth.
According to Makinde, capital expenditure in the budget is projected at ₦502.8 billion (56.7%), while recurrent expenditure stands at ₦389.1 billion (43.3%).
The infrastructure sector takes the largest share with ₦210.02 billion, followed by education with ₦155.2 billion (17.4%).
Health sector is allocated ₦70.8 billion (7.94%), while agriculture gets ₦19.9 billion (2.24%).
More details later…
