Makinde presents 1.12 trillion naira 2027 budget for Oyo State
By the AFREEQUE newsroom, based on Vanguard
Oyo State Governor Seyi Makinde presented to the State Assembly a draft 2027 budget of about 1.12 trillion naira, of which 670.03 billion (60.07%) is for capital expenditure. It is the last budget of his second term, according to Vanguard. Makinde also dismissed recent resignations of aides as inconsequential.
Oyo State Governor Seyi Makinde of Nigeria on Tuesday presented to the State Assembly a draft 2027 budget of 1,115.34 billion naira, which he named the "Budget of Sustained Progress". It is the last budget of his administration, whose second term ends in 2027.
Capital expenditure stands at 670.03 billion naira, or 60.07% of the total, and recurrent expenditure at 445.31 billion, or 39.93%. Makinde explained that out of every 100 naira planned, about 60 would go to investment, with infrastructure at the centre of growth. He added that facilities are not enough without investment in staff: schools need teachers, and hospitals need health workers, medicines and equipment.
The governor also reacted to the recent resignations of political officials from his team, which he considers inconsequential and without effect on the government’s mission. He says he is keeping count. He said that one official who resigned had made an impossible request of him and resigned after he refused.
The budget comes the day after Makinde’s accusation that the Tinubu government favours elites, on 9 November. Delta State had proposed a 2027 budget of 1,200 billion naira the same day.
