Governor Makinde Proposes N1.12tn Budget for 2027 in Oyo State

Governor Seyi Makinde of Oyo State has proposed a budget of N1.12 trillion for the 2027 fiscal year, according to Punch Newspapers. The proposal was made during a presentation to the Oyo State House of Assembly in Ibadan on Thursday, 10th November. The budget is aimed at driving development and economic growth in the state. The details of the budget breakdown have not been disclosed yet, but it is expected to be debated and passed by the House of Assembly before the end of the year. This development comes amidst ongoing efforts by the Governor to address the state’s infrastructure deficit and stimulate economic activities. It is unclear how the proposed budget compares to the current and previous budgets in terms of size and sectoral allocations. Punch Newspapers is a leading Nigerian newspaper known for its comprehensive coverage of news, politics, business, and entertainment.