Oyo: Makinde Proposes N1.12trn Budget, Speaks On Wave Of Resignations

Oyo State Governor, Seyi Makinde, has proposed a budget of N1.12 trillion for the 2027 fiscal year, while making his first public comments on the wave of resignations involving political appointees and other officials in his administration.

Makinde presented the proposed budget, tagged Sustained Progress, before the state House of Assembly in Ibadan on Tuesday, describing it as a plan to consolidate the achievements and legacy projects of his administration.

The governor allocated N670 billion, representing 61 per cent of the proposed expenditure, to capital projects, while N444 billion was earmarked for recurrent expenditure.

Infrastructure received the largest sectoral allocation of N236.15 billion, followed by education with N190.6 billion and health with N93.01 billion.

Makinde explained that the significant allocation to infrastructure reflected his administration’s commitment to expanding development across the state and completing ongoing projects.

On revenue generation, the governor said Oyo State’s internally generated revenue (IGR) had increased from N26.95 billion in 2019, when his administration assumed office, to N103.25 billion in 2026.

He also disclosed that his government had returned more than 65,000 out-of-school children to the classroom.

The governor stressed the importance of prudent financial management in implementing the proposed budget and sustaining the reforms and infrastructure established by his administration.

He also defended his administration’s tractorisation policy, including the decision to privatise tractor services, saying the approach was intended to improve agricultural productivity.

On the recent wave of resignations involving political appointees and other government officials, Makinde said he was counting those who had left but insisted that their departures had no significance for his administration.

He also disclosed that a female official among those who resigned had approached him with what he described as an impossible request.
According to the governor, the official tendered her resignation after he declined the request.

His remarks marked his first public response to the series of resignations that have affected his administration.

Earlier, the Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, said the governor’s presence at the budget presentation demonstrated his administration’s respect for constitutional democracy and the cordial relationship between the executive and legislative arms of government.

Ogundoyin described the proposed appropriation as the final budget of the Makinde administration, noting that it offered an opportunity to consolidate achievements recorded over the past seven and a half years.

He urged the government to sustain ongoing development programmes and strengthen the foundation for the state’s future growth and prosperity.

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