The Speaker of the state’s assembly, Adebo Ogundoyin, praised Mr Makinde for presenting “a comprehensive and forward-thinking budget proposal for 2025”.
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Governor of Oyo State, Seyi Makinde, has presented a budget proposal of 678 billion for the fiscal year 2025 to the House of Assembly for consideration and approval.On the proposed budget, Oyo State Government allocated N343 billion for capital expenditure and N335 billion for recurrent expenditure .
For the education sector, the state allocated N145 billion for building and renovation of schools and other facilities, while health sector is allocated N59 billion while Agriculture sector got N18 billion of the total proposed budget.Mr Makinde said the 2025 budget proposal is 35 per cent higher than that of 2023, saying the 2024 budget is aimed at promoting budget stabilisation within the state.
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