The 2020 budget is N77 billion lower than the N285.2 billion 2019 budget presented in 2018 by his predecessor, Abiola Ajimobi.
The N208,802,972,878 billion total budget proposal has N100,142,690,046 earmarked for capital expenditure and representing 47.9 per cent of the total budget estimate, which equates to an increase of 20 per cent when compared to the 2019 budget.
During the budget presentation, the governor had said: “The importance of this increase should not be lost on us. Increased allocation to capital projects directly contributes to a more buoyant economy and sustainable development.”
The Forum of Local Government Vice Chairmen in Oke-Ogun area of Oyo State has extended their heartfelt congratulations to Governor Seyi Makinde on the occasion of his sixth year anniversary in office. In a statement on Friday, the Forum praised Governor Makinde's leadership, highlighting his commitment to good governance, accountability,…
Governor Seyi Makinde of Oyo State on Monday presented a budget proposal of N266.6billion to the Oyo State House of Assembly for the 2021 fiscal year. The appropriation bill tagged, “Budget of Continued Consolidation, the governor said, was prepared with 25.16 per cent increment over the 2020 revised budget. Makinde…
The Peoples Democratic Party (PDP) in Oyo North Senatorial District has restated its belief in the leadership of Governor 'Seyi Makinde, which according to the party, has brought unprecedented developments to the state. Leaders, stakeholders and members of the party drawn from across the 13 Local Governments in Ogbomoso and…