Gov. Makinde Signs N892 Billion Oyo 2026 Budget, Focuses on Infrastructure and Social Development

Governor Seyi Makinde of Oyo State signed the N892 billion 2026 budget into law, emphasizing ambitious infrastructure and social development spending during a ceremony in Ibadan. The budget reflects the government's commitment to realistic and disciplined budgeting, aiming to strengthen internal revenue generation and reduce dependence on federal allocations.

The budget marks a significant increase and signals the state's steady fiscal expansion under Makinde's administration, with plans to surpass the N1 trillion budget mark for the first time. Speaker Adebo Ogundoyin commended the early passage of the budget, highlighting the collaborative efforts between the government and the legislature.