Oyo Governor Seyi Makinde Proposes ₦1.115 Trillion Budget for 2027

Oyo State Governor Seyi Makinde has proposed a budget of ₦1.115 trillion for the 2027 fiscal year. He presented this budget, called the “Budget of Sustained Progress,” to the State House of Assembly in Agodi, Ibadan.

During the presentation, Makinde explained that the budget aims to build on the achievements of his administration and ensure ongoing development after he leaves office. He stated, “As we prepare to hand over the baton to the next administration, we bring before you the 2027 Budget of Sustained Progress.”

The proposed budget focuses on improving infrastructure, community development, and strengthening public institutions. It includes significant funding for health, education, and road projects. Makinde emphasized the importance of leaving behind a well-documented process and capable institutions for future governance.

Makinde highlighted the growth of Oyo State’s revenue, which increased by 288% from ₦26.59 billion in 2019 to ₦103.25 billion in 2025. He also noted that the state ranked third in the 2025 Subnational Ease of Doing Business Assessment.

In education, targeted programs have helped bring about 65,000 out-of-school children back to classrooms. The governor also reaffirmed his commitment to including women in governance, promising to maintain a policy that ensures 35% of positions are held by women.

On infrastructure and agriculture, he mentioned key road projects that would improve access for farmers and businesses. The establishment of the Oyo State Agribusiness Development Agency has helped boost agriculture as a business sector.

In health, Makinde noted the recruitment of nearly 4,000 new primary healthcare workers to enhance service delivery. He called on lawmakers to work together to ensure the budget is reviewed swiftly for the benefit of residents.

The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, praised the governor for his achievements and assured that the Assembly would carefully review the budget proposal.