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Makinde presents N678.08bn 2025 budget to Oyo Assembly
The Oyo State Governor, Seyi Makinde, on Wednesday, presented the state’s 2025 budget proposal of N678.08 billion to the State House of Assembly for approval.
The governor, who presented the appropriation bill tagged: “Budget of Economic Stabilisation,” at the Assembly Complex in Ibadan, said it was 35 percent higher than the 2024 budget.
He said: “Of the total budget, capital expenditure accounts for N349.29 billion, representing 50.59 percent, while N325.57 billion is allocated to recurrent expenditure, representing 49.41 percent of the budget.
READ ALSO: Gov Makinde speaks on rumoured 2027 presidential bid
“The infrastructure sector receives the largest allocation, with N152.26 billion, or 22.46 per cent, followed by education with N145.26 billion, representing 21.44 percent of the budget.
“Additionally, health receives N59 billion, representing nine per cent, while agriculture is allocated N18 billion, or three percent of the budget.”
Makinde assured people of the state that administration would continue to prioritise their welfare.
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