Mr Viral
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…
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