Oyo State Governor Seyi Makinde has submitted a budget proposal of ₦1.115 trillion for the 2027 fiscal year to the State House of Assembly. This budget, titled the “Budget of Sustained Progress”, is aimed at consolidating the achievements of his administration and establishing a foundation for future developments.
During the presentation at the Assembly complex in Agodi, Ibadan, the governor emphasized that this budget would help maintain the state’s developmental momentum and support the transition to a new government. He stated that it is critical to enhance infrastructure, community development, and public institutions.
Makinde underscored that significant portions of the budget would be allocated to capital projects focusing on health, education, and road infrastructure. He expressed the intention of leaving behind a well-documented legacy that supports efficient service delivery.
Reflecting on his administration’s accomplishments, the governor revealed that Oyo State’s Internally Generated Revenue had risen by 288 percent, growing from ₦26.59 billion in 2019 to ₦103.25 billion by 2025. In addition, he noted the state’s ranking as third in the national Subnational Ease of Doing Business Assessment for the year 2025.
In his remarks, the governor highlighted the return of approximately 65,000 out-of-school children to educational institutions, facilitated through targeted interventions and partnerships. He insisted that the true measure of success transcends revenue increases and rankings, stating, “The real measure of success is the impact we have made on the lives of our people.”
The budget presentation also reaffirmed the governor’s commitment to women’s governance participation, with a promise to uphold a 35 percent affirmative action policy for women.
On infrastructure, Makinde discussed ongoing projects aimed at boosting economic connectivity and opportunities for farmers and businesses. He reported that the Oyo State Agribusiness Transformation Centre is pivotal for agricultural investment, hosting multiple agribusinesses with significant investments.
Lastly, the governor mentioned the recruitment of nearly 4,000 primary healthcare workers to enhance health service delivery and indicated that project construction would hasten during the dry season due to approved adjustments for rising costs.
He urged the Assembly to expedite legislative consideration of the proposed budget in the best interest of the citizens. The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, commended the governor’s achievements and pledged thorough scrutiny of the budget proposal.
